Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Warehouse Space Available For Lease Title is generated by Realmo AI

    221 Cherry Ave Ne, Canton, OH 44702

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    8,513 SF warehouse space with overhead door and parking.

    Type:INDUSTRIAL
    Property size:
    8,513 SF
    Added:
    Apr 28, 2026
    Days on Market:
    32
    Last Refresh:
    May 8 at 3:27 am

    Property Features for 221 Cherry Ave Ne

    General Information

    Standard status
    Active
    Size
    8,513 SF
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 221 Cherry Ave Ne Contact us

    We can help!

    Listing Contact
    Mike Boylan
    Mike Boylan

    Listing agent Mike Boylan License #443636

    Listing office Cutler Real Estate | Commercial

    Listing date Apr 28, 2026

    Source Moodyscre

    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 Cutler Real Estate | Commercial

    HighLights

    • 8,513 sf of first floor warehouse space
    • Space can be divided
    • One overhead door
    • Ramp access to basement storage
    • 11' first floor ceiling height
    • Plenty of parking

    Overview

    Available for lease is an 8,513 square feet first-floor warehouse space. The space features one overhead door and a restroom. The first floor has a ceiling height of 11 feet. A ramp provides access to the basement, which can be used for additional storage. There is ample parking available. The lease is NNN. The space can be divided.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    • The Warehouse — Canton, OH 44704
    • Stark Storage & Logistics; Stark Moving & Storage — 528 4th St NE, Canton, OH 44702

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3709652
    Latitude
    40.7986883

    Nearby Similar for Lease

    • $2,000/Mo
      1,267 SF

      Canton Office Space Available

      Professional office building with suites available for rent.
      1930 Fulton Road NW, Canton, OH 44709
      View Details
    • $14 SF/Yr
      2,313 SF

      Canton Office Space Available

      Professional office space for lease in Canton, Ohio.
      4974 Higbee Avenue NW, Canton, OH 44718
      View Details
    • $3,200/Mo
      6,654 SF

      Versatile Warehouse Space in Canton

      6,654 sq ft warehouse suitable for various commercial uses.
      606 9th Street NE, Canton, OH 44704
      View Details
    • $1,000/Mo
      1,358 SF

      Office Space Near Belden Village

      Office suite for lease near Belden Village in Canton, OH.
      4501 Hills and Dales Road NW, Canton, OH 44708
      View Details
    • $4,611/Mo
      8,513 SF

      Canton Warehouse Space For Lease

      8,513 SF warehouse space available for lease in Canton.
      221 Cherry Avenue NE, Canton, OH 44702
      View Details
    • $1,800/Mo

      Canton Office and Garage Space

      Lease includes garage, two offices, and shared common areas.
      4720 Everhard Road NW, Canton, OH 44718
      View Details
    • $375/Mo
      231 SF

      Affordable Office Space in Canton

      Professional office suite in Belden Village area available for lease.
      4960 Higbee Avenue NW, Canton, OH 44718
      View Details
    • $450/Mo

      Affordable Office Space Available

      Office space for rent with high traffic and signage potential.
      3757 Cleveland Avenue NW, Canton, OH 44709
      View Details
    • $850/Mo

      Office Space in Canton, OH

      Affordable office space with high traffic and convenient access.
      3757 Cleveland Avenue NW, Canton, OH 44709
      View Details
    • $1,900/Mo
      6,156 SF

      Canton Mixed-Use Brick Building

      6,156 SF brick building suitable for retail, office, mixed-use.
      814 Cleveland Avenue NW, Canton, OH 44702
      View Details
    • $4 SF/Yr

      Former Recreation Center For Lease

      Versatile commercial space with gym, kitchen, and open area.
      2600 25th Street NE, Canton, OH 44705
      View Details
    • $3,500/Mo

      Professional Office Space For Lease

      Office space in a professional building, convenient location.
      4181 Holiday Street NW, Canton, OH 44718
      View Details

    FAQs

    What type of property is this?
    Warehouse - 8,513 SF warehouse space with overhead door and parking.
    Where is this warehouse located?
    The property is located at 221 Cherry Ave Ne Canton, OH.
    What is the lease rate?
    The lease rate is $4,611 /Mo.
    What are key features of this property?
    This property features: 8,513 sf of first floor warehouse space; Space can be divided; One overhead door
    (330) 704-5945 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mike Boylan
    Mike Boylan
    Real Estate License ID: 443636
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    221 Cherry Ave Ne, Canton, OH 44702
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!