Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1107 Melchoir Pl SW Canton, OH 44707

    View on Map
    Sponsored
    For Sale
    $399,000

    COMMERCIAL - Canton, OH

    Property size:
    9,100 SF
    Lot size:
    0.36 Acres
    Days on Market:
    15
    Last Refresh:
    Mar 11 at 10:06 am

    Property Features for 1107 Melchoir Pl SW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    00245906
    Size
    9,100 SF
    Lot size
    0.36 Acres

    Building Details

    Year built
    1994
    Floors in Building
    2
    Number of units
    2

    We can help!

    Listing Contact
    Michael C Boylan

    Cutler Real Estate (888) 763-7575

    Listing agent Michael C Boylan (330) 704-5945 License #443636

    Listing date Feb 24, 2026

    MLS# 4495865

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Canton Commercial Property For Sale

    Two adjacent buildings, totaling 9,100 square feet, are available. The properties are zoned I-1 (Light Industrial). One building, located at 1107 Melchoir Place SW, offers 6,300 square feet of shop and office space. The shop area, encompassing 3,912 square feet, includes six rooms. Room 1 measures 40'x22' with a 9' ceiling and a man door to the front. Room 2 is 30'x30' with a 12' ceiling and an 8' overhead door with opener. Room 3 is 30'x27' with an 11' ceiling. Room 4 is 30'x37' and has a man door to the fenced-in back area with security lights. Room 5 measures 26' x42' and has a nature stone floor. Room 6 is 35'x25' with a 9' ceiling, a compressor, and a man door. The shop area also features a half bath and a slop sink. The 2,388-square-foot office area includes a 25'x12' first-floor lobby. The second floor has three offices, a bath with shower, and a storage area. Office 1 is 30'x26' and includes a kitchen area with oak cabinetry and a 12'x40' storage area. The other two offices measure 25'x12' and 15'x10'. Electrical was updated in 2020, and the building has 600-amp electrical service. The second building, located at 806 Cook Ave. SW, provides 2,800 square feet of heated and air-conditioned warehouse space. This open space has a 12' ceiling, one 10'x16' overhead door with opener, 3-phase 240/480 electric, 10-inch concrete floors, a floor drain, two man doors, a sink, and a large restroom. The property is situated on 0.36 acres. 1107 Melchoir is vacant and 806 Cook is currently leased on a month-to-month basis for $1700 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    OGS Procurement, INC Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.385853
    Latitude
    40.794445

    Nearby Similar for Sale

    • $375,000
      5,584 SF

      Retail Space in Canton, OH

      Well-appointed retail/commercial space with outstanding visibility.
      1922 Whipple Ave NW, Canton, OH 44708
      View Details
    • $269,900
      2,520 SF

      Commercial Building in Perry Township

      High-visibility commercial building with versatile space and ample parking.
      4933 Tuscarawas St W, Canton, OH 44708
      View Details
    • $695,000
      126,001 SF

      Downtown Canton Warehouse Opportunity

      Unique commercial/industrial warehouse in Downtown Canton with redevelopment potential.
      314 Cherry Ave SE, Canton, OH 44702
      View Details
    • Contact for pricing
      Pending

      Historic Canton Office Building Auction

      Impressive 5,554 SF historic building on a 0.46-acre corner lot.
      1435 Market Ave N, Canton, OH 44714
      View Details
    • New
      $425,000
      0.36 Acres

      Canton Property with High Visibility

      Property with high traffic count and easy access to highways.
      2105 Columbus Rd NE, Canton, OH 44705
      View Details
    • $1,295,000
      1.13 Acres

      Freestanding Office Building in Canton

      Freestanding office building with easy access to highways and amenities.
      2223 Fulton Rd NW, Canton, OH 44709
      View Details
    • $200,000
      6,156 SF

      Mixed-Use Brick Building in Canton

      6,156 SF brick building suitable for retail or office.
      814 Cleveland Ave NW, Canton, OH 44702
      View Details
    • $279,900
      0.48 Acres

      Versatile Commercial Property, Canton, OH

      Well-maintained commercial building with showroom, office, and live/work potential.
      1850 Whipple Ave NW, Canton, OH 44708
      View Details
    • $49,900
      0.26 Acres

      Canton Bar/Nightclub with Parking

      Bar/nightclub in Perry Township with on-site parking and open space.
      4520 Navarre Rd SW, Canton, OH 44706
      View Details
    • $329,000
      0.69 Acres

      Turnkey Restaurant on State Route

      Commercial property with fully operational restaurant in high-traffic location.
      3020 Harrisburg Rd NE, Canton, OH 44705
      View Details
    • New
      $2,600,000
      49,017 SF

      Majestica Inn & Suites Auction

      98-room hotel in Canton, OH near I-77.
      5335 Broadmoor Cir NW, Canton, OH 44709
      View Details
    • $480,000
      0.73 Acres

      Well-Maintained Retail/Workshop Building

      Two-story brick building with retail, workshop, and office space.
      530 Walnut Ave NE, Canton, OH 44702
      View Details

    FAQs

    What type of property is this?
    Flex space - Two buildings totaling 9,100 SF on 0.36 acres.
    Where is this flex space located?
    The property is located at 1107 Melchoir Pl SW Canton, OH.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Two adjacent buildings totaling 9,100 sf with I-1 (Light Industrial) zoning.; - 6,300 sf of shop & office space (1107 Melchoir Place SW) with updated electrical (2020) and 600-amp service.; - **2,800 sf heated & air-conditioned warehouse space (806 Cook Ave. SW) with 3-phase 240/480 electric and 10'x16' OH door.**
    (330) 704-5945
    Request Owner's contact information
    1107 Melchoir Pl SW Canton, OH 44707
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1107 Melchoir Pl SW
    Canton, OH 44707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1107 Melchoir Pl SW Canton, OH 44707
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael C Boylan
    Real Estate License ID: 443636
    (330) 704-5945 (330) 492-7230 (330) 499-9922
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!