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    Property profile & analytics

    532 Market St Akron, OH 44303-1839

    • Turn key restaurants
    • 58,194 SF
    • 3.01 lot acres
    OFF-MARKET
    Value Estimation
    $1,120,000
    Last Sale
    Dec 17, 2020
    Location Intelligence
    Property ID
    US66-2043837
    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

    • LeBron James' Home Court / Museum
    • House Three Thirty / Community Center
    • Starbucks / Coffee Shop / Cafe
    • House Three Thirty Gift Shop / Gift Shop
    • Old El Paso Taco Shop / Internet Cafe

    Property Details for 532 Market St

    Year built
    1936
    Construction
    FRAME
    Lot size
    3.01 lot acres
    Property size
    58,194 SF
    Property type
    Turn key restaurants
    APN
    68-52815
    APU
    6852815

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,460,000
      6.5%
      $1,445,000
      7%
      $1,250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,170,000
      Geo Method
      $1,245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,655,000
      Retail
      $1,420,000
      Mixed-Use
      $1,215,000
      Hospitality
      $1,625,000
      Educational
      $1,495,000
      Residential Income
      $1,660,000
      Energy
      $1,490,000
      Income-Based Land
      $1,665,000
      Food Service
      $1,475,000

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5345
    Latitude
    41.0922
    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
    $151,712
    $137,050
    $1,651,000
    $1,788,050
    -
    $391,560
    $4,717,130
    $5,108,690

    Comparable in this City

    • Value Estimation
      $235,000
      1,688 SF

      474 Market St

      RESTAURANT • 1,688 SF
      474 Market St, Akron, OH 44303-1809
      View Details
    • Value Estimation by Request
      13,623 SF

      13 Merriman Rd

      RESTAURANT • 13,623 SF
      13 Merriman Rd, Akron, OH 44303-1812
      View Details
    • Value Estimation
      $450,000
      2,468 SF

      549 Market St

      RESTAURANT • 2,468 SF
      549 Market St, Akron, OH 44303-1837
      View Details
    • Value Estimation
      $500,000
      11,595 SF

      782-784 Market St

      RESTAURANT • 11,595 SF
      782-784 Market St, Akron, OH 44303
      View Details
    • Value Estimation
      $595,000
      5,256 SF

      390 Market St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,256 SF
      390 Market St, Akron, OH 44303-2027
      View Details
    • Value Estimation
      $250,000
      1,584 SF

      484 Market St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,584 SF
      484 Market St, Akron, OH 44303-1809
      View Details

    Similar Nearby for Sale

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      4,140 SF

      Highland Square Retail/Restaurant Opportunity

      Landmark building in Akron's Highland Square district for sale.
      780 W Market St, Akron, OH 44303
      View Details
    • $640,000
      13,311 SF

      Highland Square Retail/Office Building

      Retail and office building in Akron's Highland Square District.
      572 W Market St, Akron, OH 44303
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    • $600,000
      13,311 SF

      572 Market St

      Retail properties • 13,311 SF
      572 Market St, Akron, OH 44303
      View Details
    • $1,341,840
      11,182 SF

      Freestanding Single-Tenant Retail Building

      Single-tenant retail building available for sale.
      275 W Market St, Akron, OH 44303
      View Details
    • $120,000

      Land Near Arts District

      Land near dining, retail, and recreational offerings.
      West St North, Akron, OH 44303
      View Details
    • $299,900
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      Prime Akron Mixed-Use Corner Building

      Spacious Office/Retail Space - Immediate Occupancy
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    532 Market St
    Akron, OH 44303-1839
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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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