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Property profile & analytics

1492 Canton Rd Lakemore, OH 44250

  • Retail properties & Spaces
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by 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

Property Details for 1492 Canton Rd

Year built
1959
Property type
Retail properties & Spaces

Description

This exceptional retail opportunity encompasses a 252,297 square foot community shopping center situated on a 42.93-acre lot in Summit County. The property, built in 1959, features four single-story buildings and is zoned B-1. Currently, there are multiple spaces available, ranging from 4,500 to 15,824 square feet, including a junior anchor space, smaller shop spaces, and a former bank outparcel building. The center boasts strong anchor tenants such as Save-a-Lot, Tractor Supply Co., Goodwill, and Jo-Ann Fabrics, ensuring high foot traffic and visibility. The property benefits from a highly desirable location near the signaled intersections of Routes 224 and 91, providing excellent accessibility. A significant demographic advantage exists 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 significant expansion potential. New ownership is offering aggressive rates and terms. This is an unparalleled chance to secure a prominent retail presence in a thriving community. The APN is 5402946.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Lakemore
County
Summit
State
Ohio
Longitude
-81.4289
Latitude
41.0238
More about this property
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