Office

Green Medical Building

green medical building, akron, OH 44312

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence

Low

$18.58/SF/mo

Mid

$21.86/SF/mo

High

$25.14/SF/mo

Tier Used

peer_city_transfer

Transferred from peer market san-antonio (similarity: 98%) with 25 comparable listings.

Peer market: san-antonio (98% similarity)

Tier Resolution Trace

Tier 1insufficient_data

Tier 2insufficient_data

Tier 3insufficient_data

Tier 4successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$21.86/SF/mo	—	peer_city_transfer
Utilities	—	3.3¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1436/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
Peer City Transfer	economic_similarity	25	—	real-time	san-antonio (98%)

Data sources used

peer_city_transfer

Description

5,080 SF Office/Medical Space Available for Lease

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

green medical building, akron, OH 44312

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeModified Gross

Market Context

As of Q1 2026, the Cleveland office market showed a 26.9% vacancy rate, and average asking rents near $20.28/SF/yr. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

high confidence

Projected asking rent

$20.28/SF/yr

Estimated sale value

$86–$112/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 8.6%, asking rent held flat).

View the full Cleveland Office market report →

Above-average vacancy gives tenants leverage and a wide set of comparables.

Compare it against other office listings for lease in Akron, OH to benchmark pricing and space — view the full market.

Office market FAQ

Is the Cleveland office market tightening or softening?: Vacancy is around 26.9% (Q1 2026).

Unified Estimate

Very Low Confidence

$5.01/SF/mo-$6.77/SF/mo

Mid: $5.89/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-antonio (similarity: 98%) with 25 comparable listings.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.