This 1.78-acre parcel in Canton, Ohio, presents a unique investment opportunity. Located on Lesh St NE, near the intersection of Harmont and Route 62, this property boasts high traffic visibility due to its proximity to Route 62. Currently zoned R1-A (single-family residential), the city of Canton is open to considering rezoning applications for commercial use, making this land ideal for a variety of development projects. The lot offers significant frontage (134 feet) and depth (580 feet). Access is shared via an easement with Bob Evans, providing convenient access from Harmont and Lesh Streets. All essential utilities are readily available, including water, sewer, gas, and electric connections. The property's APN is 306171. This versatile land offers substantial potential for both residential and commercial development, making it an attractive investment in a thriving Ohio location. The asking price is $65,000.
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.