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Property profile & analytics
OFF-MARKET Estimated value $1,480,000
Grocery and convenience stores

2275 Locust S St Canal Fulton, OH 44614-9387

33,112 SF 4.88 ac lot Built 1982
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-1115653
Property summary
AI-generated overview

This exceptional 1.63-acre parcel located at 2275 Locust Street in Stark County presents a unique opportunity for retail development. The property is designated for single-tenant occupancy, offering flexibility for a variety of commercial uses. The expansive lot size provides ample space for building construction and potential future expansion. The "as-is" condition of the land allows for complete customization to meet specific business needs and design preferences. This prime location offers excellent visibility and accessibility, making it an ideal site for attracting customers. The property's zoning and permitted uses should be independently verified. Serious inquiries are encouraged to explore the possibilities of this strategically located retail land. Given the size and location, this property is well-suited for a variety of retail businesses seeking a prominent presence in a thriving area. The absence of an existing structure allows for a completely new build, ensuring the development aligns perfectly with the tenant's vision. Prospective tenants should conduct their own due diligence regarding zoning regulations, building codes, and environmental considerations. This is a rare opportunity to acquire a substantial parcel of land in a desirable location, ready for immediate development. The property's potential for high returns makes it an attractive investment for discerning buyers. Contact us today to schedule a site visit and discuss your development plans. The information provided is believed to be accurate but should be independently verified.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1982
Construction BRICK
Total area 33,112 SF
Lot 4.88 ac (212,573 SF)
APN 95-01978
UPID US66-1115653
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
$1.89M
Blend (final) Blend
$1.48M
Owner & transaction history
Riser Foods Co · 21 yrs held
Riser Foods Co
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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