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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    119 46th SW St Canton, OH 44706-4400

    • Residential income homes
    • 3,672 SF
    • 0.19 lot acres
    OFF-MARKET
    Last Sale
    May 13, 2024
    $107,800
    Value Estimations
    $110,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2181603
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 119 46th SW St

    Year built
    1951
    Construction
    WOOD
    Lot size
    0.19 lot acres
    Property size
    3,672 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    13-12938
    APU
    1312938

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $110,000
      ML approach
      $110,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $117,000
      Market price range: $117k - $359k
      AI Estimate
      $117,000
      Market price range: $117k - $281k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3735
    Latitude
    40.7448
    CBSA code
    15940
    CBSA name
    CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,168
    $5,390
    $13,720
    $19,110
    -
    $15,400
    $39,200
    $54,600

    Comparable in this City

    • Value Estimation
      $220,000
      5,760 SF

      2309 Clyde SW Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,760 SF
      2309 Clyde SW Pl, Canton, OH 44706-1446
      View Details
    • Value Estimation
      $275,000
      4,416 SF

      1712 15th SW St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,416 SF
      1712 15th SW St, Canton, OH 44706-5263
      View Details
    • Value Estimation
      $205,000
      5,184 SF

      1924 2nd SW St

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,184 SF
      1924 2nd SW St, Canton, OH 44706-1100
      View Details
    • Value Estimation
      $140,000
      6,138 SF

      605 Smith SW Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,138 SF
      605 Smith SW Ave, Canton, OH 44706-1367
      View Details
    • Value Estimation
      $80,000
      2,709 SF

      136 Park SW Ave

      APARTMENT HOUSE (5+ UNITS) • 2,709 SF
      136 Park SW Ave, Canton, OH 44706-1124
      View Details
    • Value Estimation
      $110,000
      0.20 Acres

      4500 Plainfield SW Ave

      APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
      4500 Plainfield SW Ave, Canton, OH 44706-4006
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.21 Acres

      Canton Mobile Home Lot Investment

      Prime Canton location, 0.21-acre lot.
      SW Navarre Rd, Canton, OH 44706
      View Details
    • $115,000
      1,676 SF

      Canton Duplex: Turnkey Investment

      Turnkey Canton duplex with leased units, generating immediate income.
      719 Prospect Ave SW, Canton, OH 44706
      View Details
    • $87,900
      1,760 SF

      Income-Generating Duplex in Canton, OH

      Fully occupied duplex with immediate income potential in Canton.
      631 Greenfield Ave SW, Canton, OH 44706
      View Details
    • $750,000
      25.25 Acres

      Canton Commercial Land - I-77 Frontage

      High-traffic 25-acre commercial lot.
      2805 Faircrest St, Canton, OH 44706
      View Details
    • $64,900
      2,284 SF

      Canton Mixed-Use Investment Opportunity

      High-traffic location, bar/nightclub, endless potential.
      4520 Navarre Rd, Canton, OH 44706
      View Details
    • $500,000

      Land Near I-77, Canton

      Development opportunity near I-77, perfect for assisted living.
      3049 Faircrest St SW, Canton, OH 44706
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      562,500 SF

      Industrial Space in Canton, Ohio

      562,500 SF industrial space available for lease.
      Faircrest St SW, Canton, OH 44706
      View Details
    • $2,000 /Mo
      1,606 SF

      Move-In Ready First Floor Office

      First floor office space with utilities included, ready now.
      4501 Navarre Rd SW, Canton, OH 44706
      View Details
    • $4 SF/Yr
      200,000 SF

      Stark County Industrial Space

      Multiple suites, 15,312-83,052 SF
      1411 Navarre Rd, Canton, OH 44706
      View Details
    • Contact for pricing
      101,940 SF

      Industrial Space Near Major Routes

      101,940 SF industrial space with expansion potential.
      3021 Saratoga Ave SW, Canton, OH 44706
      View Details
    • Contact for pricing
      30,000 SF

      Canton Township Build-to-Suit Land

      2.5 acres available for build-to-suit near I-77.
      Bruening Ave SW, Canton, OH 44706
      View Details
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    119 46th SW St
    Canton, OH 44706-4400
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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