Self-Storage and Warehouse
For Sale
$899,900
112 Shoreline Ave NW, Canton, OH 44708
For-sale self storage and warehouse property in Canton, Ohio.
Property Size8,220 SF
Price / SF$109.48
Days on Market66
Property Features for 112 Shoreline Ave NW
General Information
Standard status
Active
Size
8,220 SF
Building Details
Year Built
1992
Listing Agency:
Kiko
Listed By:
Randy L Compton · License #399400
(330) 704-5702
Source:
Groganzeiger
Added: Jul 5
Changed: Sep 8
Last Checked: Sep 8 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiko
Investment Insights
Based on property information with market context.
This property is being offered for sale and includes self storage and warehouse use. The offering falls under commercial real estate categories, with the site positioned to support storage-oriented operations.
Located at 112 Shoreline Avenue NW in Canton, Ohio (Stark County), the property is presented with directions referencing 112 Shoreline Canton, Ohio 44708.
For availability details and any specific unit or improvement information, interested parties should request the offering materials directly.
Located at 112 Shoreline Avenue NW in Canton, Ohio (Stark County), the property is presented with directions referencing 112 Shoreline Canton, Ohio 44708.
For availability details and any specific unit or improvement information, interested parties should request the offering materials directly.
Key Highlights
- Self storage and warehouse property for sale in Canton, Ohio
- Located at 112 Shoreline, Canton, OH 44708 (Stark County)
- Full chain‑link fencing with fenced perimeter
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,822
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,636,440
$1.6M
Cap Rate 7%
$1,168,886
$1.2M
Cap Rate 9%
$909,133
$909.1K
Market Conditions
NOI Build-Up for 8,220 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$123.3K $15.00/SF
− Vacancy
−$6.4K −$0.78/SF
EGI
$116.9K $14.22/SF
− OpEx
−$35.1K −$4.27/SF
NOI
$81.8K $9.95/SF
Area
Stark County, OH
Vacancy
5.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,636,440
Cap Rate 7%
$1,168,886
Cap Rate 9%
$909,133
Alternative Uses
Best Use
Self Storage
$1.17M
$1.02M – $1.36M
NOI $81,822 @ 7.0% cap · market cap 9.09%
Second Best
Warehouse
$481.8K
$421.5K – $562.1K
NOI $33,723 @ 7.0% cap · market cap 3.75%
Theoretical Best
Retail
$2.15M
$1.88M – $2.50M
NOI $150,231 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 44708, OH
25,386
Population
11,758
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
93%
High-School Grad
10.1 sq mi
ZIP Area
2,513
Density / Sq Mi
$60,159
Median Household Income
$37,217
Median Earnings
$926
Median Rent
$164,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - For-sale self storage and warehouse property in Canton, Ohio.
Where is this self storage facility located?
The property is located at 112 Shoreline Ave NW Canton, OH.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Self storage and warehouse property for sale in Canton, Ohio; Located at 112 Shoreline, Canton, OH 44708 (Stark County); Full chain‑link fencing with fenced perimeter
