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Property profile & analytics
FOR LEASE
Distribution centers
1502 12Th St SW Canton, OH 44706
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-1905766
For Lease
$3,745,000
1502 12Th St SW, Canton, OH 44706
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1913
Construction
FRAME
Total area
121,784 SF
Lot
7.06 ac (307,534 SF)
APN
02-01305
UPID
US66-1905766
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Midwest ComTel, Inc Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.70M
Blend (final)
Blend
$3.75M
Owner & transaction history
Sgprospect LLC · 5 yrs held
Sgprospect LLC
since 2021
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,645,000
ML approach
$3,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,495,000
Current use
Blend value · Realmo final
$3.75M
Range $3.37M – $4.12M · ±10% · vs last sale $3.85M (Apr 19 2021)
Last sale anchor
$3.85M
Apr 19 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$31 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$102,415
Tax year 2023
Assessed value
$1,316,990
Assessed 2023
Previous assessed
$652,130
+102.0% YoY
Effective rate
7.78%
On assessed value
Assessed land
$56,250
Assessed improvement
$1,260,740
Land market value
$160,700
Improvement market value
$3,602,100
Total market value
$3,762,800
Applied tax rate
20.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1913
Construction
FRAME
Heating
SPACE
Cooling
NONE
Buildings
9
Stories
1
Units
1
Bathrooms
5
Total area
121,784 SF
Lot
7.06 ac (307,534 SF)
APN
02-01305
UPID
US66-1905766
Jurisdiction
STARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.5M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1913
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
9
Units
1
Bathrooms
5
Lot
7.06 ac
Current owner
From public records · entity-resolved
Sgprospect LLC
Entity
Free & Clear · 5 yrs held
Mailing address
16699 COLLINS AVE APT #3203, SUNNY ISLES BEACH, FL 33160-5422
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2021
$3,850,000
Sgprospect LLC
Brooklake Properties LLC
Limited Warranty Deed
—
Jan 11, 2021
—
Brooklake Properties LLC
—
Deed
related
$130,000 · Commercial & Savings Bank
Jan 29, 2020
—
Brooklake Properties LLC
—
Deed
related
$2,437,500 · Commercial & Svgs Bk
Dec 18, 2017
—
Brooklake Properties LLC
—
Deed
related
$145,024 · The Commercial & Savings Bank
Mar 30, 2015
—
Brooklake Properties LLC
—
Trustees Deed
related
$250,000 · Commercial & Svgs Bk
Nov 20, 2013
$1,050,000
Brooklake Properties LLC
Canton Ashcroft LP
Grant Deed
—
—
—
Brooklake Properties LLC
—
Deed Of Trust
related
$2,437,500 · Commercial & Svgs Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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