3720 Tuscarawas St Canton, OH 44708
- Parking lots & garages
- 0.52 lot acres
Current Use by Public Records
- Pamela Neitz, RPH / Pharmacy
- Charles C. Sloan, RPH / Pharmacy
- KeyMe Locksmiths / Key Duplication Service / Emergency Locksmith Service
- Rite Aid / Drug Store / Beauty Supply Store
- Rite Aid Photo / Photo Lab
Property Details for 3720 Tuscarawas St
- Year built
- 1961
- Lot size
- 0.52 lot acres
- Property type
- Parking lots & garages
- APN
- 02-43584
- APU
- 243584
Description
This exceptional 11,301-square-foot single-tenant retail building presents a unique investment opportunity in Stark County. Built in 1998, the property sits on a sizable 1.6-acre lot and boasts a convenient location at the corner of Tuscarawas Street and Raff Road. Its strategic placement offers excellent visibility and accessibility, situated near major retailers such as Walmart, JCPenney, and Giant Eagle, ensuring high foot traffic and brand recognition. The building features a single story, with no elevators, and offers ample parking with 75 spaces. Ingress and egress are facilitated by three separate roads, providing convenient access for customers and deliveries. The property is zoned B2 and includes two APNs: 243265 and 243584. Currently vacant, this 11,301 square foot space presents a blank canvas for a variety of retail uses, and includes a drive-thru for added convenience. The property's size, location, and amenities make it an ideal location for a variety of businesses. This is a rare opportunity to acquire a well-positioned retail property in a thriving commercial area. The property's features, combined with its prime location, make it a highly desirable investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,170,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,100,000
- 6.5%
- $3,315,000
- 7%
- $3,525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,150,000
- Geo Method
- $2,975,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,620,000
- Retail
- $3,230,000
- Mixed-Use
- $3,330,000
- Hospitality
- $2,895,000
- Educational
- $3,855,000
- Residential Income
- $3,425,000
- Energy
- $3,475,000
- Income-Based Land
- $3,440,000
- Food Service
- $3,575,000
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Stark
- State
- Ohio
- Longitude
- -81.4174
- Latitude
- 40.7971
- CBSA code
- 15940
- CBSA name
- CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA