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    Property profile & analytics

    4817 Munson NW St Canton, OH 44718-3614

    • Office Properties & Spaces
    • 2,520 SF
    • 4.47 lot acres
    OFF-MARKET
    Value Estimations
    $250,000
    Show details
    Cap Rate Potential
    11.8%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US66-1472863
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 4817 Munson NW St

    Year built
    1983
    Construction
    FRAME
    Lot size
    4.47 lot acres
    Property size
    2,520 SF
    Property type
    Office Properties & Spaces
    APN
    16-15105
    APU
    1615105

    Description

    This exceptional 2,520-square-foot office condo presents a fantastic opportunity in Canton, Ohio's thriving Belden Village business district. Located at 4817 Munson St NW, Canton, OH 44718, this single-tenant space is situated within a two-story, Class B building constructed in 1983. The property features a desirable blend of open workspace and private offices, catering to a variety of business needs. The zoning is B3, and the APN is 1615105. This traditional office condo is part of a single-building complex. The property is perfect for businesses seeking a well-established location within a vibrant commercial area. Its convenient access to local amenities and key transportation routes makes it an attractive option for employees and clients alike. The layout offers flexibility for customization to suit specific business requirements. This is an excellent opportunity to acquire a well-maintained office space in a high-demand location. Serious inquiries are encouraged to explore this promising investment or lease opportunity. The property is available for both sale and lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Estimation
      $275,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $190,000
      6.5%
      $170,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $175,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $175,000
      Mixed-Use
      $155,000
      Hospitality
      $205,000
      Educational
      $200,000
      Residential Income
      $210,000
      Energy
      $165,000
      Income-Based Land
      $185,000
      Food Service
      $170,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.4383
    Latitude
    40.8495
    CBSA code
    15940
    CBSA name
    CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,264
    $16,490
    $39,620
    $56,110
    -
    $47,100
    $113,200
    $160,300

    Comparable in this City

    • Value Estimation by Request
      740 SF

      4829 Munson NW St

      CONDOMINIUM OFFICES • 740 SF
      4829 Munson NW St, Canton, OH 44718-3614
      View Details
    • Value Estimation by Request
      1,032 SF

      4800 Munson NW St

      CONDOMINIUM OFFICES • 1,032 SF
      4800 Munson NW St, Canton, OH 44718-3613
      View Details
    • Value Estimation by Request
      5,388 SF

      4949 Fulton NW Dr

      OFFICE (GENERAL) • 5,388 SF
      4949 Fulton NW Dr, Canton, OH 44718
      View Details
    • Value Estimation by Request
      587 SF

      4884 Higbee NW Ave, Unit 12

      CONDOMINIUM OFFICES • 587 SF
      4884 Higbee NW Ave, Canton, OH 44718-2578
      View Details
    • Value Estimation by Request
      614 SF

      4326 Dressler NW Rd

      CONDOMINIUM OFFICES • 614 SF
      4326 Dressler NW Rd, Canton, OH 44718-2752
      View Details
    • Value Estimation by Request
      641 SF

      4330 Dressler NW Rd

      CONDOMINIUM OFFICES • 641 SF
      4330 Dressler NW Rd, Canton, OH 44718
      View Details

    Similar Nearby for Sale

    • $3,200,000
      41,502 SF

      Belden Village Office Building

      Class A Office, 41,502 SF, Canton, OH
      4825 Higbee Ave, Canton, OH 44718
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    • $599,000
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      Canton Medical Office Building

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    • $259,900
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      Canton Office Condo: Prime Location

      3,800 sq ft Office Condo - $259,900
      4792 Munson St, Canton, OH 44718
      View Details
    • Contact for pricing
      33,408 SF

      First Floor Office Space Available

      First floor office space in Belden Village location.
      4505 Stephen Cir NW, Canton, OH 44718
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    • $345,000
      4,024 SF

      Belden Village Medical Office Condo

      Medical office condo in Belden Village with multiple rooms.
      4761-4777 Higbee Ave NW, Canton, OH 44718
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    Similar Nearby for Lease

    • $12 SF/Yr
      21,228 SF

      Canton Office Space for Lease

      Class A Office, 2,511 sq ft
      4690 Munson St, Canton, OH 44718
      View Details
    • $16 SF/Yr
      15,266 SF

      Prime Belden Village Office Suite

      1,500 SF Executive Office Space For Lease
      4909 Munson St, Canton, OH 44718
      View Details
    • $20 SF/Yr
      9,436 SF

      Canton Office Space - Belden Village

      High-profile office space, excellent location.
      5021 B Whipple Ave, Canton, OH 44718
      View Details
    • $12 SF/Yr
      25,753 SF

      Canton Office Suites Available

      Prime Canton location, flexible office space
      3969 Convenience Cir, Canton, OH 44718
      View Details
    • Contact for pricing
      24,000 SF

      Prime Canton Executive Office Space

      24,000 SF Office, Ample Parking, New Construction
      4481 Munson St, Canton, OH 44718
      View Details
    • $16 SF/Yr
      41,203 SF

      Canton Office Space For Lease

      First-floor office, Belden Village, ample parking.
      4825 Higbee Ave, Canton, OH 44718
      View Details
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    Canton, OH 44718-3614
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    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.

    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
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