811 30th St NE, Canton, OH 44709
Renovated retail unit in a high-traffic plaza for sale.
- Added:
- Jan 10, 2022
- Days on Market:
- 1616
- Last Refresh:
- Apr 5 at 8:11 pm
Property Features for 811 30th St NE
General Information
- Standard status
- Active
- Size
- 6,900 SF
- Lot size
- 3.80 Acres
- Property subtype
- RETAIL
Listing agent Tom Jackson License #BRK257034 (330) 418-1145
Listing office NAI Spring (330) 418-1145
Listing date Jan 10, 2022
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of NAI Spring
HighLights
- High traffic counts and SR 62 visibility.
- Located in a growing retail plaza on 30th Street.
- Strong foot traffic.
- Completely renovated into a white box.
- Plenty of parking.
- Last space available in the plaza, previously Ben Franklin’s.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.3k | $27.00 |
| − Vacancy | −$6.1k | −$0.89 |
| EGI | $180.2k | $26.11 |
| − OpEx | −$54.0k | −$7.83 |
| NOI | $126.1k | $18.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Stark
- State
- Ohio
- Longitude
- -81.3792
- Latitude
- 40.8315