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    3979 Medina Rd Akron, OH 44333
    Property profile & analytics

    3979 Medina Rd, Akron, OH 44333

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    • Retail properties & Spaces
    • 161,649 SF
    • 13.07 lot acres
    Grocery Anchored Shopping Center Space For Lease
    $5,340,000

    Grocery Anchored Shopping Center Space

    Retail space in a grocery-anchored shopping center for lease.

    Akron, OH 44333
    View Listing
    Property ID
    US66-0217245
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • Citizens Bank / Atm
    • Acme Pharmacy / Pharmacy
    • Citizens Supermarket Branch / Bank / Loan Service
    • Brian Marasco / Pharmacy

    Property Details for 3979 Medina Rd

    Year built
    1974
    Lot size
    13.07 lot acres
    Property size
    161,649 SF
    Property type
    Retail properties & Spaces
    APN
    05-00829
    APU
    500829

    Description

    Montrose Acme Plaza presents a compelling retail investment opportunity. This 12.234-acre, Class C shopping center, built in 1974, is strategically located in Montrose's thriving retail trade area, boasting exceptional visibility from SR 18. The single-story building features a fully signalized entrance and abundant parking, ensuring convenient access for customers. The property's strong tenant mix includes a prominent Acme Fresh Market anchor, complemented by diverse businesses such as JoAnn Fabric, Salon Lofts, Key Bank, Subway, Brubaker's Pub, Strickland's Ice Cream, DN Nails Salon, and Dry Cleaning World. Currently, one retail space of 13,515 square feet is available. The property is zoned B-2 and its APN is 0500829, located in Summit County. This grocery-anchored center offers a stable investment with high visibility and a proven track record of success. The property's established tenant base and convenient location make it an attractive prospect for investors seeking a strong return on investment in a desirable retail market. The ample parking and convenient access from SR 18 further enhance the property's appeal. This is a rare opportunity to acquire a well-positioned retail property in a high-traffic area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,508,000
      Market price range: $4.87M - $15.2M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.6423
    Latitude
    41.1374
    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
    $248,349
    $1,441,190
    $2,092,670
    $3,533,860
    -
    $4,117,680
    $5,979,050
    $10,096,730
    View Listing
    More about this property
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