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Financial
Distress signals
Property profile

195 S Main St Akron, OH 44308

FOR LEASE
Office buildings
Property ID
US66-1510532
24,800 SF 0.16 ac lot Built 1966
Last sale Sep 2023 · $2,300,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

195 S Main Street is a downtown Akron mixed-use building offering office and/or retail space. The property is located on S Main Street between Bowery Street and University Avenue, near Lock 3 Park, the Akron Civic Theatre, the Bowery District, and Canal Park, and is surrounded by courthouses and municipal and government offices as well as major employers. The first floor provides storefront-style visibility onto Main Street. An office suite on the second floor (suite 200) has views overlooking…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$411k
Assessed land$16k
Assessed improvement$395k
Effective rate9.30%

Value estimate

· Oct 2026
$640k
$576k – $704k
Submarket $/SF estimate$3.24M
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 184,400.00% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 103 recorded sales of this use type
Observed band · Q1–Q3$42 – $130

Cap rate analysis

How does the asset earn?
184,400.00%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUMMIT

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.1
Veterinary Clinic9.0
Acupuncture8.6

Location

195 S Main St Akron, OH 44308
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
76 Main, Akron, OH 44308-1812 $900,000 May 2025 424,177 SF
50 Main, Akron, OH 44308-1828 $4,500,000 Sep 2024 231,815 SF
106 Main, Akron, OH 44308-1945 $630,000 Feb 2024 9,800 SF
150 Market, Akron, OH 44308-2014 $353,100 Sep 2022 33,306 SF
209 Main, Akron, OH 44308-1307 $800,000 Mar 2021 63,000 SF
19 High, Akron, OH 44308-1912 $82,000 Nov 2018 14,484 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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