4825 Higbee Ave Nw, Canton, OH 44718
Attractive Belden Village office space with natural light and parking.
- Added:
- Jun 20, 2023
- Days on Market:
- 1102
- Last Refresh:
- Apr 5 at 8:28 pm
Property Features for 4825 Higbee Ave Nw
General Information
- Standard status
- Active
- Size
- 21,368 SF
- Lot size
- 3.44 Acres
- Property subtype
- OFFICE
Listing office NAI Spring (330) 327-5834
Listing date Jun 20, 2023
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 NAI Spring
HighLights
- Attractive first floor space in Belden Village
- Full Service rate includes all utilities except en suite janitorial and communications
- Lots of glass and natural light
- Plenty of surface parking available
- Professionally managed
Overview
Local Financial Insights For Office B
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 | $459.0k | $21.48 |
| − Vacancy | −$114.7k | −$5.37 |
| EGI | $344.2k | $16.11 |
| − OpEx | −$86.1k | −$4.03 |
| NOI | $258.2k | $12.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Stark
- State
- Ohio
- Longitude
- -81.428
- Latitude
- 40.8512
