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Property profile & analytics
OFF-MARKET Estimated value $1,955,000
Retail space

242 Lincoln W Way Massillon, OH 44647-6566

10,855 SF 1.14 ac lot Built 2001
Entity Owned 4-yr Hold Free & Clear
Property ID
US66-1706315
Property summary
AI-generated overview

This exceptional 10,902-square-foot retail space, situated on a 1.14-acre lot in Stark County, Ohio, presents a remarkable opportunity for lease or ground lease. Built in 2001, this single-story building boasts 65 parking spaces, ensuring ample convenience for customers. The property enjoys a highly visible corner location at the signalized intersection of Lincoln Way West and 3rd Street, benefiting from exceptional traffic flow exceeding 20,000 vehicles per day. Prominent pylon signage is available on both Lincoln Way and 3rd Street, offering excellent highway visibility and brand exposure. This strategic location is surrounded by a thriving mix of established businesses, including national chains such as Chipotle, Dunkin' Donuts, McDonald's, Buffalo Wild Wings, Walgreens, First Commonwealth Bank, Farmer's National Bank, T-Mobile, Verizon, and Dollar Tree, creating a strong synergy and high foot traffic. The property's address is further identifiable by its proximity to Lincoln Way West, Tommy Henrich Drive, and Federal Avenue NW, and its APN is 616481. This turnkey retail space is ready for immediate occupancy and offers significant potential for a variety of retail uses. The property's size, location, and visibility make it an ideal investment for businesses seeking high exposure and strong customer accessibility.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction FRAME
Total area 10,855 SF
Lot 1.14 ac (49,658 SF)
APN 06-16481
UPID US66-1706315
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
  • Cassi M. Moser, RPh Pharmacy
  • Michelle M. Kingsbury, RPH Pharmacy
  • higi Physician
  • Rite Aid Pharmacy
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$1.96M
Owner & transaction history
Niki Washington Road LLC · 4 yrs held
Niki Washington Road LLC
since 2021
Last sale
$2.0M
1 recorded transaction
2021
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.3M +8.6%
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