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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Manufacturing properties
1541 Raff SW Rd Canton, OH 44710-2321
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US66-1381004
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Construction
BRICK
Total area
10,309 SF
Lot
3.38 ac (147,233 SF)
APN
13-12262
UPID
US66-1381004
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
-
Hercules Plating & Polishing Factory Metal Fabrication Plant
-
Liquid Custom Apparel & Gifts Textile Manufacturer
-
Lustrous Metal Coatings Inc Factory Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$509k
Blend (final)
Blend
$515k
Owner & transaction history
Nikoalex LLC · 22 yrs held
Nikoalex LLC
since 2004
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$835,000
+181.4%
Commercial (general)
$620,000
+107.9%
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
by Request
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$835,000
Change: +181% · Conversion: Difficult
COMMERCIAL (GENERAL)
$620,000
Change: +108% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
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
$50 / 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
$9,899
Tax year 2023
Assessed value
$773,470
Assessed 2023
Previous assessed
$773,470
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$77,700
Assessed improvement
$695,770
Land market value
$222,000
Improvement market value
$1,987,900
Total market value
$2,209,900
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
YES
Cooling
NONE
Buildings
10
Stories
1
Units
1
Bathrooms
8
Total area
10,309 SF
Lot
3.38 ac (147,233 SF)
APN
13-12262
UPID
US66-1381004
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
OFFICE BUILDING
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$620,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1990
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
10
Units
1
Bathrooms
8
Lot
3.38 ac
Current owner
From public records · entity-resolved
Nikoalex LLC
Entity
Mailing address
1541 RAFF RD SW, CANTON, OH 44710-2321
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2021
—
Nikoalex LLC
—
Deed
related
$3,140,000 · Ohio Catholic FCU
Jul 18, 2017
—
Nikoalex LLC
—
Deed
related
$3,221,000 · Keybank USA
Sep 16, 2016
—
Nikoalex LLC
—
Deed
related
$3,254,477 · The Citizens Savings Bank
Apr 5, 2004
—
Nikoalex LLC
Nikoalex LLC
Quit Claim Deed
related
$1,240,000 · Sky Bank
—
—
Nikoalex LLC
—
Deed Of Trust
related
$3,221,000 · Keybank USA
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.
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