Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land For Sale Title is generated by Realmo AI

    Walnut Ave NE, Canton, OH 44714

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land available for sale.

    Type:Land
    Added:
    Aug 22, 2023
    Days on Market:
    1016
    Last Refresh:
    May 12 at 11:35 pm

    Property Features for Walnut Ave NE

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Dan Spring, SIOR
    Dan Spring, SIOR

    Listing agent Dan Spring, SIOR License #OH BRKP.2001013773

    Listing office NAI Spring

    Listing date Aug 22, 2023

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Spring

    HighLights

    • No property information was provided to analyze.

    Overview

    Land is available for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.372728
    Latitude
    40.798416

    Nearby Similar for Sale

    • $269,900
      2,520 SF

      Commercial Building in Perry Township

      High-visibility commercial building with versatile space and ample parking.
      4933 Tuscarawas Street W, Canton, OH 44708
      View Details
    • $695,000

      Canton Redevelopment Opportunity with Parking

      Highly visible Canton property with redevelopment potential and ample parking.
      2729 Cleveland Avenue NW, Canton, OH 44709
      View Details
    • $1,250,000

      Prime Corner Lot Opportunity

      High-visibility commercial land in thriving Jackson Township.
      2937 WOODLAWN AVENUE NW, CANTON, OH 44708
      View Details
    • $695,000
      126,001 SF

      Downtown Canton Warehouse Opportunity Zone

      Unique commercial/industrial warehouse in Downtown Canton's Opportunity Zone.
      314 Cherry Avenue SE, Canton, OH 44702
      View Details
    • $125,000
      4,258 SF

      Canton Quadruplex with Income Potential

      Brick quadruplex with four units, parking, and income potential.
      2221 6th Street SW, Canton, OH 44706
      View Details
    • $184,900
      1,464 SF

      Canton Duplex with Long-Term Tenants

      Side-by-side duplex in Perry Twp. with long-term tenants.
      5333 Charm Street SW, Canton, OH 44706
      View Details
    • $1,295,000

      Freestanding Office Building in Canton

      Freestanding office building with easy access to highways and amenities.
      2223 Fulton Road NW, Canton, OH 44709
      View Details
    • $274,900
      2,880 SF

      Retail Building with Duplex Investment

      Retail building with renovated duplex in Canton's retail corridor.
      2241 Tuscarawas Street W, Canton, OH 44708
      View Details
    • $200,000
      6,156 SF

      Mixed-Use Brick Building in Canton

      6,156 SF brick building suitable for retail or office.
      814 Cleveland Avenue NW, Canton, OH 44702
      View Details
    • $1,535,333
      9,026 SF

      Dollar General Canton, OH ForSale

      Freestanding Dollar General in Canton, OH with zero landlord responsibilities.
      6188 Navarre Rd SW, Canton, OH 44706
      View Details
    • $129,900
      1,760 SF

      Canton Duplex with Income Potential

      Turn-key duplex in Canton, ready for immediate rental income.
      1217 Shriver Avenue NE, Canton, OH 44705
      View Details
    • $134,900
      2,304 SF

      Canton Duplex Near Myers Park

      All-brick duplex in Canton, great for investors or owner-occupants.
      246-248 Park Avenue SW, Canton, OH 44706
      View Details

    FAQs

    What type of property is this?
    Land - Land available for sale.
    Where is this land located?
    The property is located at Walnut Ave NE Canton, OH.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: No property information was provided to analyze.
    (330) 806-8140 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dan Spring, SIOR
    Dan Spring, SIOR
    Real Estate License ID: OH BRKP.2001013773
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Walnut Ave NE, Canton, OH 44714
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!