Property profile

1492 Canton Rd Lakemore, OH 44250

OFF-MARKET
Retail properties & Spaces
Built 1959
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Property summary

AI-generated overview

Lakemore Plaza, a 252,297 square foot community shopping center in Akron, Ohio, offers multiple retail spaces for lease, ranging from 4,500 to 15,824 square feet. This Class B property, built in 1959, sits on a 42.93-acre lot and features four single-story buildings. The center boasts strong anchor tenants including Save-a-Lot, Tractor Supply Co., Goodwill, and Jo-Ann Fabrics. A junior anchor space, several smaller shops, and a former Huntington Bank outparcel building are currently available. Additional outparcel development opportunities exist, with options for sale or build-to-suit projects. The property is strategically located near the signaled intersections of Routes 224 and 91, benefiting from high visibility and convenient access. The area boasts a substantial population base, with over 118,000 residents and 44,000 employees within a five-mile radius. Under new ownership, this property presents attractive lease rates and terms. The property's zoning is B-1, and its APN is 5402946. One space of 5,200 square feet is immediately available.

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

Location

1492 Canton Rd Lakemore, OH 44250
Lakemore metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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