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    OFF-MARKET
    Retail properties & Spaces

    1492 Canton Rd, Lakemore, OH 44250

    Built 1959
    Property ID
    Property summary
    AI-generated overview

    This exceptional 248,589 square foot community shopping center, located at 1492-1540 Canton Rd in Summit County, presents a unique investment opportunity. The property boasts four single-story buildings constructed in 1959, situated on a substantial 42.93-acre lot. Currently zoned B-1, the center offers multiple retail spaces ranging from 4,500 to 15,824 square feet, with one space immediately available at 6,000 square feet. The center is anchored by strong national tenants including Save-a-Lot, Tractor Supply Co., Goodwill, and Jo-Ann Fabrics, ensuring high visibility and consistent traffic. The strategic location near the signaled intersections of Routes 224 and 91 provides excellent accessibility for customers and employees. This thriving retail hub benefits from a robust demographic profile, with over 118,000 residents and 44,000 employees within a five-mile radius. Furthermore, the property offers additional outparcel development opportunities, available for sale or build-to-suit, presenting further expansion potential. New ownership is offering aggressive rates and terms, making this an attractive investment prospect. The APN is 5402946.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1959
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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