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Property profile & analytics
OFF-MARKET
Estimated value
$3,095,000
Strip malls
1695 Main St North Canton, OH 44720-8605
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-6262320
Property summary
AI-generated overview
This exceptional retail opportunity presents 1,800 square feet of vacant space within a larger, multi-tenant commercial building located at 1695 N Main St, North Canton, OH 44720. The property boasts a total of 42,000 square feet spread across two single-story buildings situated on a generous 3.63-acre lot. Built in 1994, the Class B property is zoned MS-NG, offering significant potential for a variety of retail uses. The building's prime location in North Canton, Stark County, ensures high visibility and accessibility for customers. The available space is ideal for businesses seeking a well-established location with ample parking and convenient access. The existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. With its strategic location and substantial square footage, this property represents a compelling investment opportunity for businesses seeking to establish or expand their presence in a thriving North Canton market. The property is currently available for lease.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1994
Construction
BRICK
Total area
40,212 SF
Lot
3.63 ac (158,123 SF)
APN
92-09043
UPID
US66-6262320
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.43M
Blend (final)
Blend
$3.10M
Owner & transaction history
Euro Development Ltd · 9 yrs held
Euro Development Ltd
since 2017
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+36.4%
Auto repair, garage
$4.0M
+16.3%
Medical building
$3.7M
+6.3%
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 North Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,450,000
Current use
RESTAURANT
$4,700,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,010,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$3,665,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$3,525,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,425,000
Change: -1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,155,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.10M
Range $2.79M – $3.40M · ±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
$77 / 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
$87,546
Tax year 2023
Assessed value
$1,226,960
Assessed 2023
Previous assessed
$1,226,960
+0.0% YoY
Effective rate
7.14%
On assessed value
Assessed land
$203,630
Assessed improvement
$1,023,330
Land market value
$581,800
Improvement market value
$2,923,800
Total market value
$3,505,600
Applied tax rate
535.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1994
Construction
BRICK
Heating
YES
Cooling
NONE
Stories
1
Units
1
Bathrooms
8
Total area
40,212 SF
Lot
3.63 ac (158,123 SF)
APN
92-09043
UPID
US66-6262320
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.5M
RESTAURANT
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.7M
RETAIL STORES
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1994
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
8
Lot
3.63 ac
Current owner
From public records · entity-resolved
Euro Development Ltd
Entity
Mailing address
3990 BATTON ST NW APT #4, NORTH CANTON, OH 44720-7156
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2017
—
Euro Development Ltd
—
Deed
related
$3,000,000 · Wesbanco Bank INC
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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