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    3720 Tuscarawas St Canton, OH 44708

    For Sale
    $2,650,000

    Former Rite Aid, 11,301 SF, $2.65M

    Property size:
    11,301 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail property, a former Rite Aid pharmacy, presents a compelling investment opportunity in Canton, Ohio. The 11,301-square-foot building sits on a 1.6-acre lot and boasts a prime location at the corner of Tuscarawas St W and Raff Road, offering excellent visibility and accessibility. Built in 1998, the single-story structure features 75 parking spaces and convenient ingress/egress from three separate roads. The property is zoned B2 and benefits from its proximity to major retailers such as Walmart, JCPenney, and Giant Eagle, ensuring high foot traffic and strong consumer demographics. The asking price is $2,650,000, translating to $234.49 per square foot. The property includes a drive-thru, a valuable asset for a variety of potential tenants. This NNN-leased, single-tenant building (APN: 243265, 243584) offers a stable investment with significant upside potential. The property's size, location, and amenities make it an ideal candidate for a variety of retail uses. This is a rare opportunity to acquire a well-located, established retail space in a thriving market.

    Property Features for 3720 Tuscarawas St

    General Information

    Property type
    Individual retail properties
    Square Feet
    11,301 SF
    Lot Size
    69,696 SF

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 11,301 SF retail building on a 1.6‑acre lot in Canton, OH.
    • Prime corner location at Tuscarawas St W & Raff Rd with excellent visibility and accessibility.
    • 75 parking spaces and ingress/egress from three roads.
    • B2 zoning, near Walmart, JCPenney, and Giant Eagle.
    • $2,650,000 asking price ($234.49/SF).
    • Includes a drive‑thru.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pamela Neitz, RPH Pharmacy Charles C. Sloan, ... Pharmacy KeyMe Locksmiths Key Duplication Service Rite Aid Drug Store Rite Aid Photo Photo Lab

    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
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.41807998843
    Latitude
    40.797294255055

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    FAQs

    What type of property is this?
    Individual retail property - Former Rite Aid, 11,301 SF, $2.65M
    Where is this individual retail property located?
    The property is located at 3720 Tuscarawas St Canton, OH.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: 11,301 SF retail building on a 1.6-acre lot in Canton, OH.; Prime corner location at Tuscarawas St W & Raff Rd with excellent visibility and accessibility.; 75 parking spaces and ingress/egress from three roads.
    (330) 284-0331
    Request Owner's contact information
    3720 Tuscarawas St Canton, OH 44708
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    Canton, OH 44708
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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
    3720 Tuscarawas St Canton, OH 44708
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