3863 Medina Rd Akron, OH 44333
- Drive through restaurants
- 3,072 SF
- 0.58 lot acres
Current Use by Public Records
- Five Guys / American Restaurant / Hot Dog Restaurant
Property Details for 3863 Medina Rd
- Year built
- 1989
- Lot size
- 0.58 lot acres
- Property size
- 3,072 SF
- Property type
- Drive through restaurants
- APN
- 05-00160
- APU
- 500160
Description
West Market Plaza, located at 3863 Medina Rd, Akron, OH 44333, offers exceptional retail opportunities in a thriving commercial center. This 172,848 square foot property boasts a prime location at the intersection of Route 18 and Cleveland-Massillon Road in the Montrose/Fairlawn area, a high-traffic super-regional location. Currently, there are multiple spaces available, ranging from a minimum of 1,050 square feet to a maximum contiguous space of 7,740 square feet, with a total of 8,790 square feet currently vacant. The center enjoys a strong tenant mix, including established regional and national brands such as DSW, Mustard Seed Market & Cafe, and Ulta, creating a synergistic environment for diverse businesses. This established shopping center provides excellent visibility and accessibility, making it an ideal location for a variety of retail concepts, including restaurants and other commercial uses. The property's strategic location ensures high foot traffic and exposure to a large customer base. This is a unique opportunity to secure retail space in a well-established and successful shopping center in a high-demand area. Contact us today to learn more about the available spaces and leasing options.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $515,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $465,000
- Mixed-Use
- $570,000
- Hospitality
- $585,000
- Educational
- $470,000
- Residential Income
- $530,000
- Energy
- $585,000
- Income-Based Land
- $525,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.6382
- Latitude
- 41.1363
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA