4039 Millennium Blvd Massillon, OH 44646
- Flex space
- 32,900 SF
- 10.52 lot acres
Current Use by Public Records
- Kraft Power Corporation / Electric Generator Shop / Industrial Equipment Supplier
Property Details for 4039 Millennium Blvd
- Year built
- 2007
- Construction
- BRICK
- Lot size
- 10.52 lot acres
- Property size
- 32,900 SF
- Property type
- Flex space
- APN
- 07-01685
- APU
- 701685
Description
This exceptional 11.41-acre commercial land parcel presents a rare opportunity for industrial development in Massillon, Ohio. Located at 4039 Millennium Blvd SE, this property boasts significant highway exposure with nearly 1200 feet of frontage on Route 30, ensuring high visibility and accessibility. The land encompasses 497,169 square feet and is zoned I-2 General Industrial, allowing for a wide range of industrial uses. The asking price is $484,925, translating to a price per acre between $40,000 and $42,500. This strategically located site benefits from its position within an established industrial park, sharing proximity to notable businesses such as American Cementing, Case Farms, Ziegler Tire, and Shearer's Foods. The property's size, zoning, and location make it an ideal investment for businesses seeking expansion or new development opportunities in a thriving industrial area. The property is offered for sale and presents a compelling investment prospect given its prime location and established industrial context within Stark County. This is a unique chance to acquire a substantial land parcel with excellent visibility and access, ready for immediate development. The property's address is 4039 Millennium Blvd SE, Massillon, OH 44646.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $750,000
- 6.5%
- $895,000
- 7%
- $755,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $760,000
- Geo Method
- $715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $775,000
- Retail
- $820,000
- Mixed-Use
- $940,000
- Hospitality
- $755,000
- Educational
- $945,000
- Residential Income
- $775,000
- Energy
- $765,000
- Income-Based Land
- $820,000
- Food Service
- $935,000
Location Insight
- Map
- Local Demand
- City
- Massillon
- County
- Stark
- State
- Ohio
- Longitude
- -81.5043
- Latitude
- 40.7505
- CBSA code
- 15940
- CBSA name
- CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA