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    Property profile & analytics

    1186 Canton Rd Akron, OH 44312-3321

    • Turn key restaurants
    • 8,632 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Nov 30, 2020
    $300,000
    Location Intelligence
    Property ID
    US66-1555726
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gio's Italian Oven / Italian Restaurant

    Property Details for 1186 Canton Rd

    Year built
    1998
    Lot size
    0.86 lot acres
    Property size
    8,632 SF
    Property type
    Turn key restaurants
    APN
    51-09123
    APU
    5109123

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $310,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $315,000
      Mixed-Use
      $295,000
      Hospitality
      $290,000
      Educational
      $290,000
      Residential Income
      $290,000
      Energy
      $265,000
      Income-Based Land
      $285,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.4297
    Latitude
    41.0326
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,847
    $58,870
    $121,990
    $180,860
    -
    $168,210
    $348,550
    $516,760

    Comparable in this City

    • Value Estimation by Request
      3,390 SF

      662 Canton Rd

      RESTAURANT • 3,390 SF
      662 Canton Rd, Akron, OH 44312-2615
      View Details
    • Value Estimation
      $330,000
      1,869 SF

      2146 Market St

      RESTAURANT • 1,869 SF
      2146 Market St, Akron, OH 44312-1154
      View Details
    • Value Estimation
      $395,000
      1,067 SF

      1823 Triplett Blvd

      RESTAURANT • 1,067 SF
      1823 Triplett Blvd, Akron, OH 44312-2060
      View Details
    • Value Estimation
      $340,000
      2,661 SF

      3124 Frst Park Blvd

      RESTAURANT • 2,661 SF
      3124 Frst Park Blvd, Akron, OH 44312-1808
      View Details
    • Value Estimation
      $370,000
      2,535 SF

      650 Canton Rd

      RESTAURANT • 2,535 SF
      650 Canton Rd, Akron, OH 44312-2524
      View Details
    • Value Estimation by Request
      6,113 SF

      1080 Interstate Pkwy

      RESTAURANT • 6,113 SF
      1080 Interstate Pkwy, Akron, OH 44312-5292
      View Details

    Similar Nearby for Sale

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      Grocery Anchored Shopping Center

      Akron, OH shopping center with significant upside potential.
      498-552 Canton Rd, Akron, OH 44312
      View Details
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      Akron Investment Opportunity For Sale

      Multi-tenant retail property in Akron's Ellet neighborhood.
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      Retail/Office Investment Opportunity

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    • Contact for pricing
      2.75 Acres

      Akron Commercial Land - High Traffic Area

      Prime Akron location, 15 acres, I-77/76 access.
      2011 Waterloo Rd, Akron, OH 44312
      View Details
    • $160,000
      0.57 Acres

      Akron Retail and Residential Property

      Retail and residential income property with tenants paying all utilities.
      3120 Albrecht Ave, Akron, OH 44312
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    Similar Nearby for Lease

    • $6,000 /Mo
      2,877 SF

      Former Restaurant on Canton Road

      Restaurant space for lease with high traffic volume.
      1266 Canton Rd, Akron, OH 44312
      View Details
    • Contact for pricing
      8,858 SF

      Ellet Acme Plaza: Retail Spaces Available

      Grocery-anchored retail center; spaces from 1,000 sq ft.
      2420 Wedgewood Dr, Akron, OH 44312
      View Details
    • Contact for pricing
      800 SF

      Community Shopping Center Retail Space

      Retail spaces available in community shopping center near major routes.
      1492-1500 Canton Rd, Akron, OH 44312
      View Details
    • $1,400 /Mo
      46,304 SF

      Versatile Commercial Space for Lease

      Flexible commercial suite suitable for various business uses.
      899 Canton Rd, Akron, OH 44312
      View Details
    • Contact for pricing
      5,500 SF

      790 Arlington Ridge, Akron, OH

      Shopping centers • 5,500 SF
      790 Arlington Rdg, Akron, OH 44312
      View Details
    • Contact for pricing
      3,827 SF

      Retail Space Near Aldi

      3,827 SF retail space adjacent to new ALDI.
      2981 S Arlington Rd, Akron, OH 44312
      View Details

    Property Visit Statistics

    • Visits by month
      4.0k
    • Visitors by month
      3.6k
    • Avg Time on site
      13 min
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    1186 Canton Rd
    Akron, OH 44312-3321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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