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    8362 Cleveland Ave North Canton, OH 44720

    Sponsored
    For Sale
    $950,000

    3.06-acre commercial lot near Akron-Canton Airport.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 3.06-acre commercial land parcel presents a prime development opportunity in North Canton, Ohio. Located at 8362 Cleveland Ave NW, this C-2 commercially zoned property boasts a highly desirable corner lot position, ensuring excellent visibility and accessibility. Its strategic location offers significant advantages, situated just two miles from the Akron/Canton Regional Airport and in close proximity to major expressways, providing convenient access for both employees and customers. The high traffic count of this location, coupled with its proximity to a high-density retail area, makes it an ideal site for a variety of commercial ventures. While a single-family home currently occupies the land, this presents a unique opportunity for redevelopment, capitalizing on the significant potential of this prime location. The asking price for this exceptional property is $950,000. The property's address is 8362 Cleveland Ave NW, North Canton, OH 44720, and it is situated in Stark County. This is a rare opportunity to acquire a substantial commercial lot in a thriving area with excellent infrastructure and high visibility. Don't miss this chance to secure a valuable asset with significant future development potential.

    Property Features for 8362 Cleveland Ave

    General Information

    Property type
    Land
    Lot Size
    133,294 SF

    HighLights

    • 3.06‑acre development site in North Canton, OH.
    • Corner lot with excellent visibility and accessibility.
    • Two miles from Akron/Canton Airport, near major expressways.
    • High traffic count location near a high‑density retail area.
    • Currently improved with a single‑family home; redevelopment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    North Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.4053903
    Latitude
    40.9072589

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    FAQs

    What type of property is this?
    Land - 3.06-acre commercial lot near Akron-Canton Airport.
    Where is this land located?
    The property is located at 8362 Cleveland Ave North Canton, OH.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 3.06-acre development site in North Canton, OH.; Corner lot with excellent visibility and accessibility.; Two miles from Akron/Canton Airport, near major expressways.
    Request Owner's contact information
    8362 Cleveland Ave North Canton, OH 44720
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    North Canton, OH 44720
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    Realmo Value Estimation

    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.

    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
    8362 Cleveland Ave North Canton, OH 44720
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