5185 Strausser St North Canton, OH 44720
This exceptional 18.12-acre commercial land parcel, located at 5185 Strausser St NW in Canton, Ohio (Stark County, zip code 44720), presents a significant development opportunity. Priced at $2,353,000 ($129,857/acre), the property boasts a highly desirable location, offering excellent visibility and accessibility. The land includes two existing homes, one measuring 1,505 square feet and the other 4,164 square feet, which could be repurposed or removed to suit development plans. The property benefits from a newly installed signalized intersection, enhancing traffic flow and visibility. Its strategic location is a key advantage, situated just one-third of a mile north of the new Cosco development and less than one mile from I-77, providing convenient access to major transportation routes. Furthermore, its proximity to the Canton-Akron Airport (CAK) adds to its appeal. The property's APN numbers are 1602033, 1613332, and 1601464. This site is ideal for a variety of commercial uses, including retail, multifamily housing, and assisted living facilities. The owner is Jackson. This is a rare opportunity to acquire a large, well-located parcel in a thriving area. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.