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Financial
Distress signals
Property profile

520 S Main St Akron, OH 44311

FOR LEASE
Other industrial properties
Property ID
US66-1255592
13,240 SF 18.06 ac lot Built 1907
Last sale Dec 2025
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a mixed office and warehouse/flex space within the Canal Place campus in Akron, Ohio, shaped by the site’s industrial heritage. The overall campus comprises more than 1,000,000 square feet with multiple floorplates and suites, while this specific offering is 13,790 square feet of flexible space. The location is within walking distance of a downtown cultural destination and is positioned with convenient access to State Route 8 and Interstates 76 and 77. The surrounding area…

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?
$107k
Tax billed · 2023
Assessed value$1.21M
Assessed land$468k
Assessed improvement$738k
Effective rate8.86%

Value estimate

· Oct 2026
$685k
$617k – $754k
AI approach$495k
CAP approach$950k
Submarket $/SF estimate$747k
NOI build-up
Gross scheduled income$121k
Vacancy & credit loss−$3k
Operating expenses−$35k
NOI · 633,200.00% cap applied$82k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$35/SF
Submarket average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$18 – $56
Qualifying comparables10

Cap rate analysis

How does the asset earn?
633,200.00%
$82k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.4
Hair Salon14.7
Spa & Massage14.3

Location

520 S Main St Akron, OH 44311
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales 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
942 Beardsley, Akron, OH 44311-2276 $16,000 Sep 2024 9,354 SF
454 Morgan, Akron, OH 44311-2470 $385,000 Sep 2024 36,467 SF
350 Morgan, Akron, OH 44311-2424 $1,900,000 Aug 2024 6,496 SF
825 Sweitzer, Akron, OH 44311-1515 $337,000 Dec 2020 6,156 SF
600 Grant, Akron, OH 44311-1502 $369,000 Jan 2020 10,731 SF
608 Grant, Akron, OH 44311-1502 $350,000 Dec 2019 13,180 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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