Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3875 Massillon Rd Green, OH 44685

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in a vibrant shopping center.

    Type:Retail, Land
    Added:
    Jun 11, 2023
    Days on Market:
    1046
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 3875 Massillon Rd

    General Information

    Standard status
    Active
    Property subtype
    Retail, Land

    Building Details

    Year Built
    2014

    We can help!

    Listing Contact
    Dan McCall

    Listing agent Dan McCall License #OH

    Listing office Albrecht Inc.

    Listing date Jun 11, 2023

    Source Crexi

    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 Albrecht Inc.

    Overview

    Grocery Anchored Shopping Center Space

    Located off I-77 on Cleveland Massillon Road in Green, Ohio, Heritage Crossings is a shopping center anchored by a grocery store. The tenant mix includes Acme Fresh Market, Starbucks, Jimmy John's, Sport Clips, Nails 90, Kasai Japanese Restaurant, Hot Head Burrito, Pav's Creamery, The District Boutique, T-Mobile, The Suites - Save Your Skin Tans, Sunrise Social, Sweet Pea's Baby Boutique, Antonio's Pizza, and 35 Brix Restaurant. The center is situated in the growing market of Green, between Akron and Canton. Road improvements have been completed in front of the center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    • Coinstar — 1700 Corporate Woods Pkwy, Uniontown, OH 44685

    Location Insight

    • Map
    • Local Demand
    City
    Green
    County
    Summit
    State
    Ohio
    Longitude
    -81.4635471
    Latitude
    40.9524031

    Nearby Similar for Lease

    • Contact for pricing

      Grocery Anchored Shopping Center

      Retail spaces in a conveniently located shopping center.
      3875 Massillon Road, Green, OH 44685
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Space

      Commercial space available in a vibrant shopping center.
      3875 Massillon Road, Green, OH 44685
      View Details
    • Contact for pricing

      Land Lease or Build Suit

      Land available for lease or build to suit opportunity.
      3995-4015 Massillon Rd, Green, OH 44685
      View Details
    • Contact for pricing

      Industrial Facility Near Honda Plant

      75,000 SF industrial space near Honda manufacturing plant.
      12979 County Road 153, East Liberty, OH
      View Details
    • $3/mo

      Industrial Space with High Ceilings

      100,000 sq ft industrial space for lease.
      5555 Massillon Rd, Green, OH
      View Details
    • Contact for pricing

      Office Space with Highway Visibility

      Office space for rent with easy highway access and parking.
      1559 Corporate Woods Pkwy, Green, OH
      View Details
    • $11/mo

      Office Space For Rent

      Office spaces available for lease with flexible expansion options.
      3755 Boettler Oaks Dr, The City of Green, OH
      View Details
    • Contact for pricing

      Retail Space in Green, Ohio

      Retail space available in grocery-anchored shopping center.
      3875 Massillon Rd, Green, OH
      View Details
    • Contact for pricing

      Warehouse / Flex Space Available

      Warehouse and flex space in The City of Green, OH.
      1480 Corporate Woods Pkwy, The City of Green, OH
      View Details
    • Contact for pricing

      Land for Lease in Green

      Land available for lease in Green, Ohio.
      5615 Massillon Rd, Green, OH
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease in Green, Ohio.
      Global Gtwy, Green, OH
      View Details
    • $8/mo

      Brick Office Building Near Airport

      Well-located office building with natural light and included furniture.
      5200 Stoneham Rd, Green, OH
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in a vibrant shopping center.
    Where is this shopping center located?
    The property is located at 3875 Massillon Rd Green, OH.
    What are key features of this property?
    This property features: Grocery anchored shopping center with Acme Fresh Market.; Located in the fast‑growing, affluent market of Green, Ohio.; Convenient location off I‑77 on Cleveland Massillon Road.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dan McCall
    Real Estate License ID: OH
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!