Property profile

1278 Park SW Ave Canton, OH 44706

OFF-MARKET
Parking lots & garages
Property ID
US66-3957574
0.1 ac lot Built 1919
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 22,960-square-foot industrial property, situated on a 1.38-acre lot in Canton, Ohio, presents a unique leasing opportunity. The single-story building, constructed in 1949, boasts a blend of warehouse and flex space, ideal for a variety of businesses. Recent improvements include a new roof (2020) and significant interior upgrades, enhancing both functionality and aesthetics. The property features one drive-in door for convenient loading and unloading. The updated office space is bright and inviting, featuring ample windows and glass sidelights. A fenced and graveled yard provides additional outdoor space. The property is zoned I1 & R1A and conveniently located near Route 30 and I-77, offering easy access to major transportation arteries. The property tax cost is $0.68 per square foot. The address is 1278 Park Ave SW, Canton, OH 44706. The APN numbers are 211584, 215781, 220504, 225593, 232735, and 235143. This versatile space is perfect for a business seeking a well-maintained and conveniently located industrial facility. The total building size is 22,960 square feet, with 22,497 square feet available for lease.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1919
Lot 0.1 ac (4,291 SF)
APN 02-35143
UPID US66-3957574

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company

Location

1278 Park SW Ave Canton, OH 44706-1555
Canton metro Census 701500 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2024
Last sale
$500,000
2 recorded transactions
2024
$425,000
2020
$550,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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