Akron
Akron - OH USA - Industrial Submarket
Industrial real estate intelligence for the Akron submarket. 74.4M SF of inventory with 5.6% vacancy. Data sourced from various MLS platforms.
74.4MSF
Inventory
5.1MSF
Available
5.6%
Vacancy
6.9%
Availability Rate
$6.85
Asking Rent
1.8%
Rent Growth
-667,787SF
12mo Absorption
193KSF
Under Construction
Market Metrics
12mo Delivered
401K SF
Under Constr % of Inv
0.3%%
Sale Price/SF
$53
Cap Rate
10.3%%
12mo Sales Volume
$168,467,652
Sales Vol Growth
88.1%
Asset Value
$3,918,116,208
Net Absorption
-667,787 SF
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 5205 Cleveland Massillon Rd | 40,000 | $9.50 | - |
| 1025 S Broadway St | 63,675 | $1.97 - 2.40 (Est.) | Construction Mechanics Inc. |
Data Centre Development Potential
Moderate vacancy (5.6%) in Akron suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 193K SF indicates developer confidence in the submarket. Negative absorption of 668K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Akron - OH USA
Evaluating Akron for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.