Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2275 Locust St Canal Fulton, OH 44614

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Stark County Retail Land, 1.63 Acres

    Lot size:
    1 SF

    Property Features for 2275 Locust St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Spaces For Lease

    at 2275 Locust St, Canal Fulton, OH 44614 Contact us

    We can help!

    Listing Contact
    Justin Holtzman
    Justin Holtzman

    Listing Agency: ECHO Retail | Pittsburgh Listing Agent: Justin Holtzman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 1.63-acre parcel located at 2275 Locust Street in Stark County presents a unique opportunity for retail development. The property is designated for single-tenant occupancy, offering flexibility for a variety of commercial uses. The expansive lot size provides ample space for building construction and potential future expansion. The "as-is" condition of the land allows for complete customization to meet specific business needs and design preferences. This prime location offers excellent visibility and accessibility, making it an ideal site for attracting customers. The property's zoning and permitted uses should be independently verified. Serious inquiries are encouraged to explore the possibilities of this strategically located retail land. Given the size and location, this property is well-suited for a variety of retail businesses seeking a prominent presence in a thriving area. The absence of an existing structure allows for a completely new build, ensuring the development aligns perfectly with the tenant's vision. Prospective tenants should conduct their own due diligence regarding zoning regulations, building codes, and environmental considerations. This is a rare opportunity to acquire a substantial parcel of land in a desirable location, ready for immediate development. The property's potential for high returns makes it an attractive investment for discerning buyers. Contact us today to schedule a site visit and discuss your development plans. The information provided is believed to be accurate but should be independently verified.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Canal Fulton
    County
    Stark
    State
    Ohio
    Longitude
    -81.5694935
    Latitude
    40.8816201

    Nearby Similar for Lease

    • $900 /Mo
      700 SF

      Office Space in Heritage Square

      Office space for rent in a neighborhood plaza with ample parking.
      919 Cherry St E, Canal Fulton, OH 44614
      View Details
    • $15 SF/Yr
      2,000 SF

      Iconic Downtown End-Cap Retail Space

      Prime retail/restaurant space in Canal Fulton's landmark building.
      128-142 N Canal St, Canal Fulton, OH 44614
      View Details
    • Contact for pricing
      1,580 SF

      Retail Space with Drive-Thru

      1,580 sq ft retail space with drive-thru window.
      2384 Locust St S, Canal Fulton, OH 44614
      View Details
    • Contact for pricing
      39,908 SF

      Heritage Square Plaza Office Space

      Canal Fulton Office Suites - For Lease
      919 Cherry St, Canal Fulton, OH 44614
      View Details

    FAQs

    What type of property is this?
    Land - Prime Stark County Retail Land, 1.63 Acres
    Where is this land located?
    The property is located at 2275 Locust St Canal Fulton, OH.
    What are key features of this property?
    This property features: 1.63-acre commercial land parcel in Stark County.; Single-tenant retail property.; 1.63-acre lot size.
    (412) 850-5366 Call to check price and availability
    Request Owner's contact information
    2275 Locust St Canal Fulton, OH 44614
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2275 Locust St
    Canal Fulton, OH 44614
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2275 Locust St Canal Fulton, OH 44614
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Justin Holtzman
    Justin Holtzman
    Real Estate License ID: 180300294
    (412) 850-5366 (412) 968-1660
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!