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

    864 Maple St Hartville, OH 44632

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Hartville, OH retail land opportunity

    Lot size:
    137,168 SF

    Property Features for 864 Maple St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    137,168 SF

    Spaces For Lease

    at 864 Maple St, Hartville, OH 44632 Contact us

    We can help!

    Listing Contact
    Craig Cohen

    Listing Agency: Cohen Commercial Group Listing Agent: Craig Cohen

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

    Learn more

    Overview

    This exceptional 1-3 acre commercial land parcel, located behind the thriving Edison Park Shopping Center at 864 W Maple St, Hartville, OH 44632, presents a unique investment opportunity. The property offers flexible space options, with parcels available for individual or combined purchase. Totaling 137,168 square feet, the shopping center boasts a strong tenant mix including Marc's, Big Lots, Dairy Queen, Subway, Verizon, and Key Bank, with Dollar Tree and Starbucks currently under construction. This prime location benefits from high visibility and convenient access, situated west of Route 43 and east of Hartville Marketplace. The minimum divisible space is 1,350 square feet, with a maximum contiguous space of 4,350 square feet. Currently, 11,625 square feet of vacant space is available. The property's strategic position ensures proximity to significant retail anchors such as Giant Eagle, Hartville Hardware, Aldi's, McDonald's, and O'Reilly's, guaranteeing high foot traffic and strong consumer demographics. This is an ideal location for a variety of retail, restaurant, or storefront businesses seeking exposure in a bustling commercial area within Stark County. The property's size and location make it an attractive investment for both developers and established businesses looking to expand their footprint.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tri County Medical ... Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hartville
    County
    Stark
    State
    Ohio
    Longitude
    -81.345906111242
    Latitude
    40.967462900261

    Nearby Similar for Lease

    • $2,400 /Mo
      103,645 SF

      Hartville Marketplace Retail Suites Available

      Retail suites available in high-traffic Hartville Marketplace & Flea Market.
      1289 Edison St NW, Hartville, OH 44632
      View Details
    • $8 SF/Yr
      9,260 SF

      Industrial Warehouses on Ravenna Avenue

      Multiple warehouse and office spaces available for lease.
      12495 Ravenna Ave NE, Hartville, OH 44632
      View Details
    • $8 SF/Yr
      11,840 SF

      Hartville Warehouse Space For Lease

      New warehouse space available for lease in Hartville, Ohio.
      6374 Swamp St NE, Hartville, OH 44632
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space in Hartville Center

      Retail space available in Hartville's primary retail corridor.
      839-847 W Maple St, Hartville, OH 44632
      View Details
    • Contact for pricing
      2,800 SF

      Stand Alone Warehouse For Rent

      2,800 SF warehouse/industrial building in shell condition for rent.
      12495-12519 Ravenna Ave NE, Hartville, OH 44632
      View Details
    • Contact for pricing
      130,680 SF

      Edison Park Shopping Center: Retail Space

      High-traffic retail center; multiple spaces available.
      808 Maple St, Hartville, OH 44632
      View Details
    • Contact for pricing
      106,051 SF

      Hartville Retail Center - Prime Space

      Three suites available, 1,100 sq ft minimum. High-traffic location.
      855-907 Maple St, Hartville, OH 44632
      View Details

    FAQs

    What type of property is this?
    Land - Hartville, OH retail land opportunity
    Where is this land located?
    The property is located at 864 Maple St Hartville, OH.
    What are key features of this property?
    This property features: 1-3 acre commercial land parcel available for sale behind Edison Park Shopping Center in Hartville, OH.; Flexible parcel sizes available for individual or combined purchase, totaling 137,168 square feet.; High-visibility location with convenient access, west of Route 43 and east of Hartville Marketplace.
    (216) 223-5060 Call to check price and availability
    Request Owner's contact information
    864 Maple St Hartville, OH 44632
    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.
    864 Maple St
    Hartville, OH 44632
    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
    864 Maple St Hartville, OH 44632
    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
    Craig Cohen
    Real Estate License ID: BRKP.2007005387
    (216) 223-5060
    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!