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    4042 Cleveland Ave S Canton, OH 44707

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    For Lease
    $17 SF/Yr ($15,805 /Mo)

    Freestanding retail building in a high-traffic location.

    Property size:
    11,157 SF
    Lot size:
    2.32 Acres

    Property Features for 4042 Cleveland Ave S

    General Information

    Size
    11,157 SF
    Lot size
    2.32 Acres

    Source: Legacy Real Estate Advisors Agent Dominic Shamany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Rite Aid Available

    This 11,157-square-foot building, formerly a Rite Aid, is situated on a 2.31-acre lot. The property is located directly across from Canton South High School, in a dense community with over 17,000 residents within a 3-mile radius. It benefits from high traffic counts, with over 18,000 vehicles passing daily on Cleveland Ave SW and over 9,900 vehicles on Faircrest St SW. The site is located on a hard corner and is a 15-minute drive to Akron-Canton Regional Airport. Over 1,100 daytime employees are within a 1-mile radius of the location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Drug Store Rite Aid Photo Photo Lab Coinhub Bitcoin ATM ... Atm Daniel Krinsky Pharmacy higi Health Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Similar Places Nearby

    Rite Aid Pharmacy, Rite Aid Pharmacy

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.37387
    Latitude
    40.750523

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    FAQs

    What type of property is this?
    Drug store - Freestanding retail building in a high-traffic location.
    Where is this drug store located?
    The property is located at 4042 Cleveland Ave S Canton, OH.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - High traffic counts: over 18,000 vehicles pass daily on Cleveland Ave SW and over 9,900 vehicles pass daily on Faircrest St SW; - Dense community surrounding: over 17,000 people reside within a 3-mile radius; - Located directly across from Canton South High School
    (248) 450-3259
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    Canton, OH 44707
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    Realmo Value Estimation

    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.

    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.

    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
    4042 Cleveland Ave S Canton, OH 44707
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