Mixed-Use Property with Multiple
4925 Fulton Drive NW, Canton, OH 44718
For Sale
$2,700,000
CommercialSale, Canton, OH
Property Size38,009 SF
Lot Size3.48 Acres
Price / SF$71.04
Days on Market99
Property Features for 4925 Fulton Drive NW
General Information
Property type
Property subtype
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Listing Agency:
Cutler Real Estate
(330) 492-7230
Listed By:
Michael C Boylan · License #443636
(330) 704-5945
Added: Aug 3
Changed: Oct 23
Last Checked: Nov 9 at 5:06AM
MLS# 5233179
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.
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Investment Insights
Based on property information with market context.
This mixed-use property includes several maintained buildings totaling 38,009 square feet of rental space on 3.48 acres. The commercial component includes light manufacturing, retail, professional services, heated storage, offices, a fitness center, and warehouse areas. The property also includes a house with three apartments, private entrances, basement laundry areas, and separate enclosed garages. Forced-air natural gas heating, central air, public water, and public sewer serve the improvements.
The property is fully occupied by 13 commercial tenants across 27 units, with additional residential apartments and a cell phone tower lease. A new LED tenant sign system was installed in 2022, the asphalt parking lot was replaced in 2021, and new gas and water lines were installed from the road to meters at the east commercial building that year. The property was built in 1987 and is located in the Belden Village area of Jackson Township.
The property is fully occupied by 13 commercial tenants across 27 units, with additional residential apartments and a cell phone tower lease. A new LED tenant sign system was installed in 2022, the asphalt parking lot was replaced in 2021, and new gas and water lines were installed from the road to meters at the east commercial building that year. The property was built in 1987 and is located in the Belden Village area of Jackson Township.
Key Highlights
- 38,009 square feet of rental space across several commercial buildings
- 3.48‑acre mixed‑use property with commercial and residential components
- 13 commercial tenants occupying 27 units; property reported at 100% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,934
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,118,680
$3.1M
Cap Rate 7%
$2,227,629
$2.2M
Cap Rate 9%
$1,732,600
$1.7M
Market Conditions
NOI Build-Up for 38,009 SF
Gross rent
$186.6K $4.91/SF
− Vacancy
−$3.2K −$0.08/SF
EGI
$183.5K $4.83/SF
− OpEx
−$27.5K −$0.72/SF
NOI
$155.9K $4.10/SF
Area
Stark County, OH
Vacancy
1.70%
Lease Rate
$4.91 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,118,680
Cap Rate 7%
$2,227,629
Cap Rate 9%
$1,732,600
Alternative Uses
Best Use
Warehouse
$2.23M
$1.95M – $2.60M
NOI $155,934 @ 7.0% cap · market cap 5.78%
Second Best
Industrial
$1.83M
$1.61M – $2.14M
NOI $128,416 @ 7.0% cap · market cap 4.76%
Theoretical Best
Retail
$9.92M
$8.68M – $11.58M
NOI $694,664 @ 7.0% cap · market cap 25.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,855
Businesses Nearby
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Business Placement
Demographics for 44718, OH
12,607
Population
6,134
Households
2.1
Avg Household Size
47
Median Age
43%
College-Educated
99%
High-School Grad
8.4 sq mi
ZIP Area
1,501
Density / Sq Mi
$86,171
Median Household Income
$50,613
Median Earnings
$871
Median Rent
$285,500
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Stark County, OH
Properties on Market for Mixed-use properties in Stark County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-building commercial property combines occupied business units with apartments, storage, offices, and warehouse space.
Where is this mixed-use property located?
The property is located at 4925 Fulton Drive NW Canton, OH.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 38,009 square feet of rental space across several commercial buildings; 3.48‑acre mixed‑use property with commercial and residential components; 13 commercial tenants occupying 27 units; property reported at 100% occupancy
