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    Property profile & analytics

    2950 Market St Fairlawn, OH 44333-3614

    • Office buildings
    • 22,092 SF
    • 1.91 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US66-5677461
    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

    • Office buildings

    Property Details for 2950 Market St

    Year built
    1966
    Lot size
    1.91 lot acres
    Property size
    22,092 SF
    Property type
    Office buildings
    APN
    09-03980
    APU
    903980

    Description

    This exceptional 2,000 square-foot office space in Summit County offers unparalleled convenience and visibility. Located on West Market, it provides easy access to Fairlawn, Montrose, and Akron. The single-tenant unit boasts its own entrance and ample parking within a large, shared lot. Currently configured as a medical office, the layout includes a spacious waiting area, four to five exam rooms, two private offices, and a break room. However, its adaptable design makes it suitable for a variety of office uses. The space is immediately available, representing a fantastic opportunity for businesses seeking a clean, well-maintained, and conveniently located office. The single-story building ensures easy navigation and accessibility. The high visibility location on West Market guarantees strong exposure to potential clients and customers. This is a rare opportunity to secure a move-in ready space in a desirable location with ample parking, making it an ideal choice for businesses seeking immediate occupancy. The flexible layout allows for customization to suit specific business needs, offering a versatile solution for various office types.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $480,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $495,000
      Geo Method
      $510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $410,000
      Mixed-Use
      $390,000
      Hospitality
      $405,000
      Educational
      $530,000
      Residential Income
      $390,000
      Energy
      $430,000
      Income-Based Land
      $515,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Fairlawn
    County
    Summit
    State
    Ohio
    Longitude
    -81.6087
    Latitude
    41.1268
    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
    $16,396
    $98,820
    $187,890
    $286,710
    -
    $282,330
    $536,820
    $819,150

    Comparable in this City

    • Value Estimation by Request
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      View Details
    • Value Estimation by Request
      3,384 SF

      3490 Ridgewood Rd

      OFFICE BUILDING • 3,384 SF
      3490 Ridgewood Rd, Fairlawn, OH 44333-3188
      View Details
    • Value Estimation
      $155,000
      2,004 SF

      3584 Ridgewood Rd

      OFFICE BUILDING • 2,004 SF
      3584 Ridgewood Rd, Fairlawn, OH 44333-3122
      View Details
    • Value Estimation
      $360,000
      13,636 SF

      2650 Market St

      OFFICE BUILDING • 13,636 SF
      2650 Market St, Fairlawn, OH 44333-4246
      View Details
    • Value Estimation
      $1,505,000
      69,030 SF

      4000 Embassy Pkwy

      OFFICE BUILDING (MULTI-STORY) • 69,030 SF
      4000 Embassy Pkwy, Akron, OH 44333-8315
      View Details
    • Value Estimation
      $275,000
      1,764 SF

      141 Merz Blvd

      OFFICE BUILDING • 1,764 SF
      141 Merz Blvd, Fairlawn, OH 44333-2815
      View Details

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    Similar Nearby for Lease

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      Fairlawn Office Campus For Lease

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    • Contact for pricing
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      View Details
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    2950 Market St
    Fairlawn, OH 44333-3614
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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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