Technical
Financial
Distress signals
Property profile

1505 N Main St North Canton, OH 44720

FOR LEASE
Commercial land
Property ID
US66-2833457
17.26 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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1505 N Main St, North Canton, OH 44720 For Lease
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1505 N Main St, North Canton, OH 44720
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Property summary

AI-generated overview

This exceptional retail space, totaling 1,046 square feet, is available within a high-traffic Meijer store in North Canton, Ohio (44720), located at 1505 N Main St. This "store-within-a-store" concept offers unparalleled visibility and access to thousands of weekly customers. The space benefits from a prime, front-of-store location, maximizing customer interaction. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM charges, and utilities, simplifying operational costs. Branding opportunities are available, including both interior and exterior signage. The property is situated in a thriving trade area with a desirable customer base. This location is ideal for a variety of businesses, including financial institutions, food and beverage establishments, service businesses, and health and wellness providers. The property is part of a multiple-tenancy retail building in Stark County. This unique opportunity allows businesses to leverage Meijer's established customer base for significant growth potential.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 17.26 ac (751,846 SF)
APN 10-016566
UPID US66-2833457

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
  • Specialty Food Shop Supermarket
  • Bakery Specialty Food Shop
  • Pharmacy
  • Food Market Restaurant
  • (Bike/Boat/Book/etc) Store Pet Store & Service

Location

1505 N Main St North Canton, OH 44720
North Canton metro Census 712113 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

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

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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