Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Perry Township Title is generated by Realmo AI

    4703 Stevie Avenue SW, Massillon, OH 44646

    View on Map
    Claim this Listing
    For Sale
    $67,000

    LAND - Massillon, OH

    Lot size:
    0.35 Acres
    Added:
    May 24, 2025
    Days on Market:
    376
    Last Refresh:
    Jun 3 at 5:06 pm

    Property Features for 4703 Stevie Avenue SW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04319288
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    63 WH SAL-LEE ACRES 8 (.35A)
    Tax Annual Amount
    667

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    John A Williams
    John A Williams

    Listing agent John A Williams License #2001004826

    Listing office RE/MAX Edge Realty 6929 Portage Street NW, North Canton, OH

    Listing date May 24, 2025

    MLS# 5125164 Listing URL

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ready to build on lot with all public utilities (water, sewer, natural gas, electric) already available underground.
    • Located in a quiet Perry Township neighborhood, ideal for walking.
    • More than a third of an acre.
    • Slightly sloping lot suitable for a walkout basement.
    • Features nice paved streets with storm sewer.
    • Located in Perry School district.

    Overview

    This 0.349-acre residential land is located in a quiet Perry Township neighborhood in Massillon, Ohio. The slightly sloping lot is suitable for a walkout basement and is ready for construction. The property includes access to underground public utilities, such as water, sewer, natural gas, and electric. The location features paved streets with a storm sewer and is part of the Perry school district. The surrounding area is conducive to walking and features newer homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Department Store Daycare Center HVAC Service Discount Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Massillon
    County
    Stark
    State
    Ohio
    Longitude
    -81.497735
    Latitude
    40.740084

    Nearby Similar for Sale

    • Contact for pricing
      4,200 SF

      Massillon Multi-Use Commercial Building

      Multi-use commercial building in downtown Massillon, suitable for owner-occupant.
      137 Federal Avenue NW, Massillon, OH 44647
      View Details
    • $189,900
      3,345 SF

      Updated Triplex in Massillon, OH

      Well-maintained triplex with updated units and ample parking.
      672 3rd Street SE, Massillon, OH 44646
      View Details
    • $130,000
      2,100 SF

      Massillon, OH Multi-Family Property

      Multi-family property for sale in Massillon, Ohio.
      71 Marion SE (69-71), Massillon, OH 44646
      View Details
    • $174,900
      1,496 SF

      Massillon Multifamily Property with Updates

      Updated Massillon multifamily property offering flexibility and income potential.
      1738 Erie Street S, Massillon, OH 44646
      View Details
    • $475,000
      2,792 SF

      Turnkey Tavern in Massillon, OH

      Profitable tavern with real estate, assets, and business included.
      3238 Lincoln Way E, Massillon, OH 44646
      View Details
    • $279,900

      Massillon Income Property with Pool

      Income-producing property featuring a duplex, house, garages, and pool.
      1307-1309 Main Avenue W, Massillon, OH 44647
      View Details
    • $169,000

      Massillon Triplex Investment Opportunity

      Solid brick triplex with value-add potential in Massillon, Ohio.
      615 Wellman Avenue SW, Massillon, OH 44646
      View Details
    • $259,900
      2,120 SF

      Massillon Multifamily Property For Sale

      Multifamily property in Massillon, Ohio, ideal for owner occupancy.
      2940 Thackeray Avenue NW, Massillon, OH 44646
      View Details
    • $349,900

      Buildable Land in Perry Township

      5-acre land parcel ideal for residential development or custom home.
      2525 Hankins, Massillon, OH 44646
      View Details
    • Contact for pricing

      Residential Land Development Opportunity

      Three parcels of land with development potential in Massillon, Ohio.
      1212 10th Street NE, Massillon, OH 44646
      View Details
    • $585,000
      9,031 SF

      Medical Office Building Near Hospital

      Medical office building adjacent to Massillon Community Hospital.
      804 & 820 Amherst Rd NE, Massillon, OH 44646
      View Details
    • $899,000

      Commercial Land Development Opportunity

      A 1.04-acre corner site with strong road frontage, utilities on-site, and high visibility for a new development.
      3711 Lincoln Way E, Massillon, OH 44646
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land for sale in a quiet Massillon neighborhood.
    Where is this residential land & home lot located?
    The property is located at 4703 Stevie Avenue SW Massillon, OH.
    What is the asking price?
    The asking price for this property is $67,000.
    What are key features of this property?
    This property features: Ready to build on lot with all public utilities (water, sewer, natural gas, electric) already available underground.; Located in a quiet Perry Township neighborhood, ideal for walking.; More than a third of an acre.
    (330) 904-7520
    We can help!
    Listing Contact
    John A Williams
    John A Williams
    Real Estate License ID: 2001004826
    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
    4703 Stevie Avenue SW, Massillon, OH 44646
    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!