Entity Owned 
For Lease
1 / 6
$500/Mo
1001 S Main St, North Canton, OH 44720
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Property summary
AI-generated overview
This exceptional two-story office building, located at 1001 S Main Street in North Canton, Ohio, presents a unique investment opportunity. Boasting a total of 8,526 square feet, the Class B property sits on a 0.59-acre lot (25,700 square feet) and offers a blend of executive and medical office spaces, perfect for a variety of professional uses. Currently, there is 220 square feet of vacant space available for lease within this multi-tenant building. Constructed in 1977, the building features ample parking to accommodate tenants and their clients. The property is zoned NC-MSS and its convenient location on S Main Street, near Cordelia, provides excellent accessibility. While the building does not include elevators, its two-story design offers efficient space utilization. The property's APN is 9206109, and it's situated in Stark County, Ohio, with a 44720 zip code. This is an excellent opportunity to secure office space in a well-established North Canton location. The building's size and layout offer flexibility for various business needs, making it an attractive option for both established businesses and startups. Inquire today to learn more about this exceptional property.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1977
Construction
BRICK
Total area
6,880 SF
Lot
0.59 ac (25,700 SF)
APN
92-06109
UPID
US66-0210450
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$355k
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$425k
Owner & transaction history
since 2022
Last sale
$560,000
2 recorded transactions
Zoning & alternative use
Top alternative use upside
Restaurant
$805,000
+37.3%
Auto repair, garage
$685,000
+17.1%
Medical building
$625,000
+7.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$425k
Value range
$383k – $468k
±10% around blend
Estimated value / SF
$62 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
60
$383k
blend $425k
$468k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,880 SF
Lot area
0.59 ac
Year built
1977
Stories
2
APN
92-06109
Assessed value
$196,140
Annual tax
$13,996
3
Income approach: direct capitalization
Partial preview
Income approach indication
$355k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$385k
@ 6.5% CAP return
$355k
@ 7% CAP return
$330k
4
Sales comparison
Partial preview
Sales approach indication
$348k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.2 mi away · 4,816 SF
4.3 mi away · 5,831 SF
6.9 mi away · 5,452 SF
6.9 mi away · 5,744 SF
7.4 mi away · 4,936 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$425k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$85
-27%
County 277 sales
$56
+11%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $62/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+37%
vs current-use indication
Auto Repair, Garage
Medical Building
Retail Stores
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
5.40%
Implied, in-place cap rate for this office spaces
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.40%
9.0%
NOI (est.)
$39k *
Last sale · Nov 2022
$560k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$726k
Move the market yield to see immediate price impact.
Value / SF
$106
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.90%5.40%5.90%
$35k
$720k
$653k
$598k
$39k
$800k
$726k
$664k
$43k
$880k
$799k
$731k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$400k
2.5 mi · Jan 2026 · $60/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,996
Tax year 2023
Assessed value
$196,140
Assessed 2023
Previous assessed
$196,140
+0.0% YoY
Effective rate
7.14%
On assessed value
Assessed land
$94,780
Assessed improvement
$101,360
Land market value
$270,800
Improvement market value
$289,600
Total market value
$560,400
Applied tax rate
535.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1977
Construction
BRICK
Heating
YES
Cooling
NONE
Stories
2
Units
1
Bathrooms
6
Total area
6,880 SF
Lot
0.59 ac (25,700 SF)
APN
92-06109
UPID
US66-0210450
Jurisdiction
STARK
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Bathrooms
6
Lot
0.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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