Norton, OH
Commercial Real Estate Market Trends & Data

$228 Avg asking sale price
$14 Avg asking lease rate
11,996 SF Avg unit lease size
16,535 SF Avg building size for sale
6.38% Average cap rate

Norton's Demographic Profile

Norton has 4,603 households and a median income of $78,189, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 11,452
# Households 4,603
Median age 45
Median household income $78,189
Avg household size 2.0
Renter-occupied housing units 700
5-year population change -1%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Barberton $121 2,754 SF 11.69%
Akron $121 118,649 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Norton $375 21,774 SF
Barberton $401 27,709 SF
Kenmore $84 2,452 SF
Copley $194 7,492 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Akron $290 15,461 SF 10.48%
Tallmadge $419 14,327 SF 10.48%

Commercial Properties For Sale in Norton

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

5205 Cleveland Massillon Rd

Norton, OH 44203

  • 40,000 SF Industrial Building
  • $8,600,000
For Sale

Stark/Summit 54 Unit Portfolio

  • $5,500,000
For Sale

Rare Freestanding Industrial Building

Barberton, OH 44203

  • 6,192 SF Industrial Building
  • $510,000
For Sale

939 W Wooster Rd

Barberton, OH 44203

  • 1,969 SF Retail Building
  • $1,500,000
For Sale

2405 Romig Rd

Akron, OH 44320

  • 40,400 SF Specialty
  • $990,000
For Sale

4331 Cleveland Massillon Rd

Norton, OH 44203

  • 9,028 SF Industrial Building
  • $325,000

Average Price For Sale

↻ Updated Monthly

Average Size 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 Norton pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Norton $228 16,535 SF
Barberton $185 13,931 SF
Kenmore $141 11,477 SF
Copley $177 5,415 SF

Regional Demographic Comparison

This comparison places Norton 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 Norton or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Norton 11,452 4,603 45 $78,189 2 700 -1%
Barberton 24,859 10,789 42 $46,701 2 4,281 -1%
Doylestown 3,358 1,348 44 $57,085 2 356 1%
Copley 16,170 6,365 41 $112,865 3 1,623 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Norton, 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 Norton

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

Norton 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 Norton?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Norton. 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 Norton?

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

How does Norton compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Norton. 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 Norton acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Norton, 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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