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    500 E Aurora Rd Macedonia, OH 44056

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    500 E Aurora Rd Macedonia, OH 44056


    • Retail space
    • 42,648 SF
    • 3.93 lot acres
    Retail Anchor Space Available For Lease
    $2,565,000
    21,555 SF

    Retail Anchor Space Available

    21,555 SF anchor space with maximum visibility and access.

    500 E Aurora Rd, Macedonia, OH 44056
    View Listing
    Property ID
    US66-1220535
    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

    • Smiles Chinese Restaurant / Restaurant
    • Sagamore Square Shopping Center / Business Service Center / Corporate Office
    • Burlington / Home Goods Store / Jewelry Store
    • OfficeMax / (Bike/Boat/Book/etc) Store
    • OfficeMax Tech Services / Tech Support Center / IT Consulting Firm

    Property Details for 500 E Aurora Rd

    Year built
    1981
    Lot size
    3.93 lot acres
    Property size
    42,648 SF
    Property type
    Retail space
    APN
    33-03335
    APU
    3303335

    Description

    This exceptional retail opportunity is located at Macedonia Gateway in Macedonia, Ohio, a thriving retail hub situated between Cleveland and Akron. The property offers multiple tenancy options, with spaces ranging from 3,500 square feet to 20,000 square feet (larger spaces available upon inquiry). This location boasts maximum visibility and convenient access, ensuring high traffic and customer exposure. The center is anchored by a strong lineup of national retailers, including Best Buy, Burlington, Nordstrom Rack, Office Max, Petco, T.J. Maxx, and Sephora (opening June 2024). This established retail corridor benefits from its position within a dominant trade area, attracting a significant customer base. The surrounding area also features a robust mix of retailers such as Giant Eagle, The Home Depot, Kohl's, Lowe's, Target, and Walmart, further solidifying the area's retail strength and drawing significant consumer traffic. This is an unparalleled opportunity to establish or expand your business in a high-demand location with exceptional visibility and access to a large customer base. Contact us today to discuss available space and lease terms. The property is classified as an anchor retail space with multiple tenancy options. The county is Summit County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,418,000
      Market price range: $1.37M - $4.10M
      AI Estimate
      $2,881,000
      Market price range: $1.04M - $4.61M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,505,000
      Current use
      AUTO REPAIR, GARAGE
      $4,240,000
      Change: +69% Conversion: Difficult
      MEDICAL BUILDING
      $3,995,000
      Change: +59% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,985,000
      Change: +59% Conversion: Moderate
      OFFICE BUILDING
      $3,310,000
      Change: +32% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,615,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,410,000
      Change: -4% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Macedonia
    County
    Summit
    State
    Ohio
    Longitude
    -81.5193
    Latitude
    41.313
    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
    $68,953
    $340,440
    $774,080
    $1,114,520
    -
    $972,680
    $2,211,650
    $3,184,330
    View Listing
    More about this property
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