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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    201 Cleveland NW Ave Canton, OH 44702-1720

    • Bars
    • 6,508 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimations
    $640,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-5252121
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stark County Public Defender / Public Defender'S Office
    • Frank T. Bow Federal Building / County Government Office
    • Stark County Chance Program / County Government Office
    • Stark County Day Reporting / County Government Office
    • Stark County ISP Adult Probation / Prison

    Property Details for 201 Cleveland NW Ave

    Year built
    1976
    Construction
    BRICK
    Lot size
    0.23 lot acres
    Property size
    6,508 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    10-010149
    APU
    10010149

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $618,000
      Market price range: $147k - $706k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $740,000
      Current use
      AUTO REPAIR, GARAGE
      $690,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3766
    Latitude
    40.7998
    CBSA code
    15940
    CBSA name
    CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,554
    $23,940
    $47,500
    $71,440
    -
    $68,400
    $135,700
    $204,100

    Comparable in this City

    • Value Estimation by Request
      4,288 SF

      508 Cleveland NW Ave

      BAR, TAVERN • 4,288 SF
      508 Cleveland NW Ave, Canton, OH 44702-1542
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    • Value Estimation by Request
      3,600 SF

      227 3rd NE St

      BAR, TAVERN • 3,600 SF
      227 3rd NE St, Canton, OH 44702-1231
      View Details
    • Value Estimation by Request
      4,950 SF

      208 4th NW St

      BAR, TAVERN • 4,950 SF
      208 4th NW St, Canton, OH 44702
      View Details
    • Value Estimation
      $685,000
      20,460 SF

      301 Cleveland NW Ave

      BAR, TAVERN • 20,460 SF
      301 Cleveland NW Ave, Canton, OH 44702-1537
      View Details
    • Value Estimation by Request
      3,360 SF

      1215 Tuscarawas W St

      BAR, TAVERN • 3,360 SF
      1215 Tuscarawas W St, Canton, OH 44702-2033
      View Details
    • Value Estimation by Request
      4,862 SF

      304 Cherry NE Ave

      BAR, TAVERN • 4,862 SF
      304 Cherry NE Ave, Canton, OH 44702-1141
      View Details

    Similar Nearby for Sale

    • $2,400,000
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      High-Traffic Corner Restaurant Opportunity

      Restaurant property on a busy corner with multiple drive-thru lanes.
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      Canton Storefront: Prime Retail Space

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      Well-Maintained Retail/Workshop Building

      Two-story brick building with retail, workshop, and office space.
      530 Walnut Ave NE, Canton, OH 44702
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    • $775,000
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      Former Chevrolet Dealership with Income

      Mixed-use commercial property with showroom, service bay, warehouse, and office.
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      Barbershop/Hair Salon Opportunity For Sale

      Retail space suitable for barbershop or hair salon business.
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    Similar Nearby for Lease

    • Contact for pricing
      1,509 SF

      Retail Space in Canton, Ohio

      Retail space for rent in a vibrant Canton location.
      4322 Tuscarawas St W, Canton, OH 44702
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    • $13 SF/Yr
      6,600 SF

      Downtown Canton Retail/Office Space

      Desirable retail/office space in Downtown Canton overlooking Centennial Plaza.
      309 Court Ave NW, Canton, OH 44702
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    • $13 SF/Yr
      6,600 SF

      Court Ave NW Office Space

      Canton Office Suites: 3,300-6,600 SF
      309 Court Ave, Canton, OH 44702
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    • $1,900 /Mo
      7,031 SF

      Canton Retail/Office/Mixed-Use Building

      6,156 SF brick building zoned B-5 suitable for various uses.
      814 Cleveland Ave NW, Canton, OH 44702
      View Details
    • Contact for pricing
      1,023 SF

      Canton Office Spaces Available

      Office spaces available for lease in Canton, Ohio.
      220 Market Ave S, Canton, OH 44702
      View Details
    • Contact for pricing

      Prime Development Land Near University

      Development opportunity near shopping, university, and high-traffic thoroughfare.
      Market Ave N, North Canton, OH 44702
      View Details
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    201 Cleveland NW Ave
    Canton, OH 44702-1720
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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