Fairlawn, OH
Commercial Real Estate Market Trends & Data

$185 Avg asking sale price
$18 Avg asking lease rate
8,748 SF Avg unit lease size
187,335 SF Avg building size for sale
6.45% Average cap rate

Fairlawn's Demographic Profile

Fairlawn has 3,111 households and a median income of $81,766, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 7,056
# Households 3,111
Median age 46
Median household income $81,766
Avg household size 2.0
Renter-occupied housing units 1,125
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Fairlawn, OH

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Cuyahoga Falls $108 5,034 SF 7.69%
Akron $121 118,649 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Fairlawn $240 9,230 SF
Copley $194 7,492 SF
Bath $240 9,230 SF
Cuyahoga Falls $91 17,976 SF
Akron $140 29,021 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Akron $290 15,461 SF 10.48%
Tallmadge $81 17,944 SF 10.48%

Commercial Properties For Sale in Fairlawn

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

327 S Miller Rd

Fairlawn, OH 44333

  • 3,028 SF Health Care Building
  • $479,900
For Sale

201 N Cleveland Massillon Rd

Akron, OH 44333

  • 1,652 SF Office Building
  • $499,900
For Sale

LongHorn Steakhouse

Copley, OH 44321

  • 5,691 SF Retail Building
  • 6.00% Cap Rate
  • $2,615,766
For Sale

Childtime (Learning Care Group)

Akron, OH 44333

  • 7,900 SF Retail Building
  • 6.90% Cap Rate
  • $2,855,000
For Sale

291 North Cleveland Massillon Rd.

Akron, OH 44333

  • 10,560 SF Office Building
  • $1,250,000
For Sale

3500 W Market St

Akron, OH 44333

  • 2,237 SF Office Building
  • $225,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Fairlawn pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Fairlawn $185 187,335 SF
Copley $177 5,415 SF
Bath $302 224,168 SF
Cuyahoga Falls $165 15,096 SF
Akron $137 51,432 SF

Regional Demographic Comparison

This comparison places Fairlawn alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Fairlawn or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Fairlawn 7,056 3,111 46 $81,766 2 1,125 -2%
Copley 16,170 6,365 41 $112,865 3 1,623 -1%
Cuyahoga Falls 49,619 22,799 41 $63,642 2 9,018 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Fairlawn, OH and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Fairlawn

View All Commercial Real Estate For Sale in Fairlawn
Is Fairlawn a good market for a first-time commercial real estate investor?

Fairlawn offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Fairlawn?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fairlawn. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Fairlawn?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fairlawn. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Fairlawn compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fairlawn. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Fairlawn acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fairlawn, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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