1492 Canton Rd, Lakemore, OH 44250
This exceptional retail investment opportunity in Akron, Ohio, presents a prime location on Canton Road (1492-1540). The property encompasses 42.93 acres and features four single-story buildings constructed in 1959, currently classified as Class B. The zoning is B-1, allowing for a variety of retail uses. Multiple spaces are available, ranging from 2,600 square feet to 15,824 square feet, with a total of 252,297 square feet of leasable space within the community shopping center. The center boasts strong anchor tenants including Save-a-Lot, Tractor Supply Co., Goodwill, and Jo-Ann Fabrics. A junior anchor space, several smaller shop spaces, and a former Huntington Bank outparcel building are currently available for lease. Further development opportunities exist for sale or build-to-suit options on additional outparcels. The property benefits from a high-traffic location near the signaled intersections of Routes 224 and 91, serving a substantial population base of over 118,000 residents and 44,000 employees within a five-mile radius. Under new ownership, this property offers aggressive lease rates and flexible terms, making it an attractive investment prospect. The property's APN is 5402946, located in Summit County. One immediately available space offers 1,000 square feet.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.