110 N Union St Akron, OH 44304
For Lease
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Gateway Marketplace presents a unique opportunity for commercial development in Akron, Ohio. This prime location offers two parcels of land, one measuring 1.35 acres and the other 1.16 acres, available for build-to-suit projects or ground leases. Situated on Perkins Street, a major thoroughfare connecting State Route 8 to downtown Akron, the property benefits from exceptional visibility and accessibility. Stark State College is directly across the street, providing a significant daily foot traffic and potential customer base. The area boasts a robust employment base, with over 110,000 employees and 6,000 businesses within a 5-mile radius. Major employers in close proximity include Summa Health System (7,500 employees), Akron General (7,000 employees), the University of Akron (4,000 employees and 25,000 students), Akron Children's Hospital (3,700 employees), Summit County Government (3,000 employees), and Stark State College (11,833 students). The high volume of traffic generated by these institutions, coupled with the proximity to Canal Park (340,000 annual visitors) and InfoCision Stadium (30,000-seat venue), creates a dynamic and high-traffic environment ideal for a variety of commercial ventures. This is an exceptional opportunity to establish a presence in a thriving Akron market with strong demographics and convenient access to major transportation routes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.