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Belden Village Medical Office Building
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4601 Everhard Rd NW, Canton, OH 44720

Two-story medical office building in Belden Village for sale.

Property Size4,600 SF
Lot Size1.09 Acres
Price / SF$280.43
Days on Market1005

Property Features for 4601 Everhard Rd NW

General Information

Standard status Active
Size 4,600 SF
Lot size 1.09 Acres
Property subtype OFFICE
Lease Type NNN

Properties For Sale

at 4601 Everhard Rd NW
4601 Everhard Rd Nw AVAILABLE, Now
Floor 1-2
Size 4,600 SF
Type OFFICE
Lease Type NNN
Sublease No
1st floor includes vestibule entry, large waiting area that sits up to 16, reception area / nurse's station with secure filing area, five (5) exam rooms w/ sinks, procedure room w/ sink, two (2) lab rooms w/ sinks, two (2) private offices, one (1) larger office with a restroom/shower, three (3) additional restrooms, kitchenette, storage closet & janitorial closet. 2nd floor walkup is partially finished and is currently being used for storage. It also houses the HVAC & solar hot water heater. Plumbing is already in place for additional restroom on 2nd floor.
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Listing Agency: Putman Properties, Inc
Listed By: Spencer Hartung · License ##SAL.2016003574
Source: Moodyscre
Added: Jan 10, 2024 Changed: Aug 25 Last Checked: Oct 9 at 5:32PM

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 Putman Properties, Inc

Investment Insights

Based on property information with market context.

This 4,600 square foot, two-story brick and stone modern medical office building is available for sale or lease. Situated on 1.09 acres in Belden Village, Jackson Township, the property features an asphalt parking lot with 24 spaces. The turn-key medical clinic includes furniture, fixtures, and equipment, which are also available for sale. There is room for expansion to double the size of the building. The first floor comprises a vestibule entry, a large waiting area with seating for up to 16, a reception area/nurse's station with a secure filing area, five exam rooms with sinks, a procedure room with a sink, two lab rooms with sinks, two private offices, one larger office with a restroom/shower, three additional restrooms, a kitchenette, a storage closet, and a janitorial closet. The partially finished second-floor walkup is currently used for storage and houses the HVAC and solar hot water heater. Plumbing is in place for an additional restroom on the second floor. Zoned Jackson Township B1 - Suburban Office & Limited Business, the property allows for business, professional, medical, and dental uses. Public water and sanitary sewer are available. The property is conveniently located in Belden Village on Everhard Road NW in Canton, OH, across the street from McDonalds, and less than a mile from I-77. The location in Jackson Township benefits from no personal or corporate income tax. Traffic count on Everhard boasts 18,228 cars per day (2022).

Key Highlights

  • Turn‑key medical clinic in Belden Village location.
  • Modern medical office building offering 4,600 Sq. Ft. with room for expansion.
  • Located in Jackson Township with no personal or corporate income tax.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,064
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,121,280 $1.1M
Cap Rate 7%
$800,914 $800.9K
Cap Rate 9%
$622,933 $622.9K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$101.0K $21.96/SF
− Vacancy
−$7.6K −$1.65/SF
EGI
$93.4K $20.31/SF
− OpEx
−$37.4K −$8.13/SF
NOI
$56.1K $12.19/SF
Area
Stark County, OH
Vacancy
7.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,121,280
Cap Rate 7%
$800,914
Cap Rate 9%
$622,933

Alternative Uses

Best Use
Healthcare Medical
$800.9K
$700.8K – $934.4K (±1% cap)
NOI $56,064 @ 7.0% cap · market cap 4.35%
Second Best
Office B
$794.0K
$694.8K – $926.3K (±1% cap)
NOI $55,580 @ 7.0% cap · market cap 4.31%
Theoretical Best
Retail
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,071 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Meniru Godwin I ... Physician Junaelo Women’s Clinic Physician Godwin Ikechu Meniru Physician

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Catering Service Carpet & Flooring Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,916
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44720, OH

40,744
Population
17,988
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
34.3 sq mi
ZIP Area
1,188
Density / Sq Mi
$81,045
Median Household Income
$46,587
Median Earnings
$977
Median Rent
$233,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story medical office building in Belden Village for sale.
Where is this medical office space located?
The property is located at 4601 Everhard Rd NW Canton, OH.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Turn‑key medical clinic in Belden Village location.; Modern medical office building offering 4,600 Sq. Ft. with room for expansion.; Located in Jackson Township with no personal or corporate income tax.
(330) 936-0276 Call to check price and availability
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