1492 Canton Rd, Lakemore, OH 44250
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.
-
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
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.