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    1200 Canton Rd Carrollton, OH 44615

    For Sale
    $317,500

    Prime 1.27-acre commercial lot in Ohio.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.27-acre commercial land parcel, located at 1200 Canton Rd NW in Carrollton, Ohio (zip code 44615, APN 36-0000519.000), presents a unique development opportunity. Situated in a high-traffic area between Candlewood Suites and Drug Mart Plaza, this property offers excellent visibility and accessibility. All utilities are conveniently located at the street, simplifying infrastructure connections for future development. The asking price for this strategically positioned lot is $317,500. This property is designated as a Federal Opportunity Zone, potentially offering significant tax advantages for investors. Furthermore, an additional 33.422 acres are available for purchase, presenting the possibility of a larger-scale development project. Ideal uses for this 1.27-acre parcel could include a coffee shop/donut shop, fast-food restaurant, or convenience store. This location provides a strong foundation for a successful commercial venture. Don't miss this chance to acquire a prime commercial property in a thriving Ohio community.

    Property Features for 1200 Canton Rd

    General Information

    Property type
    Land
    Lot Size
    55,321 SF

    HighLights

    • 1.27‑acre commercial lot in Carrollton, OH (44615), APN 36‑0000519.000, priced at $317,500.
    • High‑traffic location between Candlewood Suites and Drug Mart Plaza, offering excellent visibility and accessibility.
    • Utilities at street, simplifying infrastructure connections.
    • Designated Federal Opportunity Zone, providing potential tax advantages.
    • Additional 33.42 acres available for purchase.
    • Ideal for a coffee shop, fast‑food restaurant, or convenience store.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Ohio
    Longitude
    -81.092414616777
    Latitude
    40.591006723364

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    FAQs

    What type of property is this?
    Land - Prime 1.27-acre commercial lot in Ohio.
    Where is this land located?
    The property is located at 1200 Canton Rd Carrollton, OH.
    What is the asking price?
    The asking price for this property is $317,500.
    What are key features of this property?
    This property features: 1.27-acre commercial lot in Carrollton, OH (44615), APN 36-0000519.000, priced at $317,500.; High-traffic location between Candlewood Suites and Drug Mart Plaza, offering excellent visibility and accessibility.; Utilities at street, simplifying infrastructure connections.
    Request Owner's contact information
    1200 Canton Rd Carrollton, OH 44615
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    Carrollton, OH 44615
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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
    1200 Canton Rd Carrollton, OH 44615
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