Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    3013 Cleveland Ave Canton, OH 44707

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3013 Cleveland Ave Canton, OH 44707

    View on Map
    • Office properties & Spaces
    • 130,433 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jerry C. Bailey, RPh / Pharmacy
    • college prospects of america /martin / Employment Agency

    Property Details for 3013 Cleveland Ave

    Year built
    1989
    Property size
    130,433 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    South Gate Business Center, located at 3013 & 3031 Cleveland Ave SW in Canton, Ohio (zip code 44707), offers a diverse range of commercial office spaces. This 130,433 square foot property sits on a 12.47-acre lot and was built in 1989. The building is situated in Stark County and provides multiple tenancy options, with six available spaces ranging from 1 to 548 square feet. The property caters to various needs, including commercial, coworking, executive office, and medical office uses. Amenities include internet and utilities, making it a convenient and cost-effective solution. Its strategic location offers easy access to I-77 (Exit 103), a mere two-minute drive away, and is only 13 minutes from the Canton Akron Airport. Six-month lease terms are available. Many spaces are move-in ready and furnished. The building is ADA compliant and features a conference room available for rent in three-hour blocks at $100, reservable online with a credit card.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3831
    Latitude
    40.7641

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      3702 Cleveland S Ave

      MEDICAL BUILDING • 0.07 Acres
      3702 Cleveland S Ave, Canton, OH 44707-1450
      View Details
    • Value Estimation
      $585,000
      6,600 SF

      817 3rd SW St

      MEDICAL BUILDING • 6,600 SF
      817 3rd SW St, Canton, OH 44707-4511
      View Details
    • Value Estimation by Request
      2,940 SF

      2205 Tuscarawas E St

      MEDICAL BUILDING • 2,940 SF
      2205 Tuscarawas E St, Canton, OH 44707-2702
      View Details
    • Value Estimation
      $665,000
      7,523 SF

      3700 Cleveland S Ave

      MEDICAL BUILDING • 7,523 SF
      3700 Cleveland S Ave, Canton, OH 44707-1400
      View Details
    • Value Estimation
      $1,095,000
      6,710 SF

      Cleveland SE Ave

      MEDICAL BUILDING • 6,710 SF
      Cleveland SE Ave, Canton, OH 44707
      View Details
    • Value Estimation by Request
      2,228 SF

      1950 Tuscarawas E St

      MEDICAL BUILDING • 2,228 SF
      1950 Tuscarawas E St, Canton, OH 44707-2953
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      1851 Steinway Blvd SE, Canton, OH 44707
      View Details
    • $150,000
      Pending

      Updated Mixed-Use Building For Sale

      Mixed-use building with updated retail and office spaces.
      2627 Waynesburg Dr SE, Canton, OH 44707
      View Details
    • $249,000
      10,056 SF

      Mixed-Use Property with Redevelopment Potential

      Vacant multi-use property with office, warehouse, and bar spaces.
      407 High Ave SW, Canton, OH 44707
      View Details
    • $249,000

      Multi-Use Property For Sale

      Corner property with office, warehouse, and bar spaces available.
      407 High Ave SW, Canton, OH 44707
      View Details
    • $399,000
      9,100 SF

      Canton Commercial Property For Sale

      Two buildings totaling 9,100 SF on 0.36 acres.
      1107 Melchoir Pl SW, Canton, OH 44707
      View Details
    • $158,800

      Industrial Land Near Waynesburg Exit

      Industrial park land for sale near Route 30 and 43.
      Belden Ave SE, Canton, OH 44707
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Flexible Office Spaces Available

      Move-in ready, furnished office spaces with utilities included.
      3013 Cleveland Ave SW, Canton, OH 44707
      View Details
    • Contact for pricing

      Downtown Canton Warehouse with Crane

      Two-story warehouse space with crane in downtown Canton.
      715 2Nd St Se, Canton, OH 44707
      View Details
    • $6 SF/Yr

      Canton Flex Space For Lease

      Flex space with office, restroom, and secure fenced lot.
      1900 Cleveland Ave Southwest, Canton, OH 44707
      View Details
    • $5 SF/Yr

      Downtown Canton Warehouse with Crane

      Two-story warehouse space with crane, highway and rail access.
      715 2Nd St Southeast, Canton, OH 44707
      View Details
    • Contact for pricing

      Neighborhood Shopping Center For Rent

      Neighborhood shopping center with diverse co-tenants serving south Canton.
      3001 Cleveland Ave SW, Canton, OH 44707
      View Details
    • Contact for pricing

      Corner Lot Commercial Land Available

      Two parcels of commercial land for rent on corner lot.
      1900-1914 Tuscarawas St W, Canton, OH 44707
      View Details
    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.
    3013 Cleveland Ave
    Canton, OH 44707
    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

    3013 Cleveland Ave, Canton, OH, 44707

    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!