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Financial
Distress signals
Property profile

1502 12Th St SW Canton, OH 44706

FOR LEASE
Distribution centers
Property ID
US66-1905766
121,784 SF 7.06 ac lot Built 1913
Last sale Apr 2021 · $3,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Prospect Business Center is an industrial commercial property with 223,977 square feet of space. The facility is located at 1502 12th St SW, Canton, Ohio 44706.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$102k
Tax billed · 2023
Assessed value$1.32M
Assessed land$56k
Assessed improvement$1.26M
Effective rate7.78%

Value estimate

· Oct 2026
$3.65M
$3.28M – $4.01M
AI approach$3.63M
Submarket $/SF estimate$4.70M
NOI build-up
Gross scheduled income$1.10M
Vacancy & credit loss−$19k
Operating expenses−$323k
NOI · 25,582,542.37% cap applied$755k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$37/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$19 – $75

Cap rate analysis

How does the asset earn?
25,582,542.37%
$755k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSTARK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.0
Dental Office21.8
Hair Salon15.0

Location

1502 12Th St SW Canton, OH 44706
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4922 Navarre SW, Canton, OH 44706-2240 $1,631,067 Feb 2024 49,770 SF
1801 Navarre SW, Canton, OH 44706-1619 $69,850 Jan 2022 7,032 SF
4664 Faircrest SW, Canton, OH 44706-3552 $1,040,000 Dec 2021 14,236 SF
3033 Navarre SW, Canton, OH 44706-5448 $1,815,000 Aug 2021 45,871 SF
3800 Commerce SW, Canton, OH 44706-3367 $17,800,248 Jul 2021 299,975 SF
3271 Bruening SW, Canton, OH 44706-4191 $275,000 Oct 2019 6,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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