Property profile

1540 Canton Rd Akron, OH 44312

OFF-MARKET
Retail space
Property ID
US66-2075582
11,429 SF 1.04 ac lot Built 1997
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 11,335-square-foot freestanding retail building is available for lease at 1540 Canton Rd, Akron, Ohio. Situated on a 1.04-acre lot, this single-tenant property offers ample space for a variety of retail uses. Built in 1997, the building is a single-story structure with a B1 zoning designation. The entire 11,335 square feet is currently vacant, presenting a unique opportunity for a business seeking a prominent location in Akron. The property's convenient location in Summit County, with easy access to major roadways, ensures high visibility and accessibility for customers. The building's single-story design provides efficient use of space and easy navigation. The large lot size offers ample parking and potential for future expansion or outdoor amenities. This property is ideal for businesses seeking a high-profile location with significant square footage in a thriving Akron community. The 44312 zip code offers a strong demographic profile, making this an attractive location for a variety of retail businesses. This is a rare opportunity to secure a substantial freestanding retail space in a desirable Akron location. The property's size and zoning make it suitable for a wide range of retail concepts. Interested parties are encouraged to inquire for further details and leasing information.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 11,429 SF
Lot 1.04 ac (45,302 SF)
APN 54-02251
UPID US66-2075582

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Grocery & Convenience Store Food Market
  • Bank Credit Union
  • Physician
  • Pharmacy

Location

1540 Canton Rd Akron, OH 44312-4043
Akron metro Census 531101 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$480k

Owner & transaction history

since 2025
Last sale
$1.3M
2 recorded transactions
2025
$1.3M
1998
$200,000

Zoning & alternative use

Top alternative use upside
Medical building $1.2M +92.0%
Restaurant $1.2M +86.8%
Auto repair, garage $1.1M +75.6%

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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