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    4902 Spruce Hl Dr Green, OH 44720

    Sponsored
    For Sale
    $750,000

    High-traffic retail space, excellent visibility.

    Property size:
    23,386 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 4902 Spruce Hill Dr NW in Canton, Ohio, presents a lucrative investment opportunity. The 23,386 square foot retail space, built in 1972, sits on a 3.46-acre lot and boasts a two-story building. The property is zoned B1 & R1, offering flexibility for various commercial uses. The asking price is $750,000, translating to a land value of $216,763 per acre. This prime location benefits from high visibility and traffic, with over 25,000 cars passing daily. Its proximity to a new Meijer, numerous restaurants, and other retailers ensures high foot traffic and customer accessibility. The property features all utilities and a shared drive with full access, simplifying operations and reducing infrastructure costs. The property's strategic position near residential areas further enhances its appeal, balancing commercial activity with residential proximity. This is a rare opportunity to acquire a well-established retail property in a thriving Canton location. Parcel numbers are 1625357 and 1625459.

    Property Features for 4902 Spruce Hl Dr

    General Information

    Property type
    Land
    Square Feet
    23,386 SF
    Lot Size
    150,718 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    2

    HighLights

    • All utilities are available on‑site.
    • Excellent location near a new Meijer, restaurants, and retail amenities.
    • Shared drive provides convenient and full access.
    • High traffic count exceeding 25,000 vehicles daily, yet situated near residential areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Green
    County
    Stark
    State
    Ohio
    Longitude
    -81.4498717
    Latitude
    40.9034426

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    FAQs

    What type of property is this?
    Land - High-traffic retail space, excellent visibility.
    Where is this land located?
    The property is located at 4902 Spruce Hl Dr Green, OH.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: All utilities are available on-site.; Excellent location near a new Meijer, restaurants, and retail amenities.; Shared drive provides convenient and full access.
    Request Owner's contact information
    4902 Spruce Hl Dr Green, 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
    4902 Spruce Hl Dr Green, OH 44720
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