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    2716 Cleveland S Ave Canton, OH 44707

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    2716 Cleveland S Ave Canton, OH 44707

    View on Map
    • Strip malls
    • 9,050 SF
    • 1.12 lot acres
    Off-Market
    Last Sale Dec 29, 2025
    $500,500
    Property ID
    US66-2023568
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Smith Jay D DC / Alternative Medicine Practice
    • ACTIVE SPINE CENTER / Alternative Medicine Practice
    • Sean Smith / Physician

    Property Details for 2716 Cleveland S Ave

    Year built
    1987
    Construction
    FRAME
    Lot size
    1.12 lot acres
    Property size
    9,050 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    13-12396
    APU
    1312396

    Description

    This exceptional retail property, located at 2714-2728 Cleveland Avenue South in Canton, Ohio, presents a fantastic opportunity for businesses seeking high-visibility space. The single-story, 9,050 square foot building sits on a 1.12-acre lot (48,787 square feet) and boasts a Class C rating. Constructed in 1987, the property offers multiple tenancy options, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 2,000 square feet currently available. A significant 3,600 square feet is currently vacant, providing ample space for expansion or multiple tenants. The property's prime location in Canton, Ohio (zip code 44707), ensures high foot traffic and excellent visibility. The property's APN is 1312396, and it is situated in Stark County. This is an ideal location for businesses seeking a well-established presence in a bustling commercial area. The property's single-story design offers easy accessibility and efficient use of space. Don't miss this chance to secure a prominent retail location in a thriving market. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3825
    Latitude
    40.7676
    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
    $10,106
    $27,410
    $145,250
    $172,660
    -
    $78,300
    $415,000
    $493,300

    Comparable in this City

    • Value Estimation by Request
      5,200 SF

      3611 Cleveland S Ave

      SHOPPING CENTER, STRIP CENTER • 5,200 SF
      3611 Cleveland S Ave, Canton, OH 44707-1447
      View Details
    • Value Estimation by Request
      11,654 SF

      4726 Cleveland S Ave

      SHOPPING CENTER, STRIP CENTER • 11,654 SF
      4726 Cleveland S Ave, Canton, OH 44707-1050
      View Details
    • Value Estimation
      $1,325,000
      7,434 SF

      909 Tuscarawas E St, Unit 913

      WHOLESALE OUTLET, DISCOUNT STORE • 7,434 SF
      909 Tuscarawas E St, Canton, OH 44707-3152
      View Details
    • Value Estimation
      $610,000
      8,190 SF

      3626 Cleveland S Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 8,190 SF
      3626 Cleveland S Ave, Canton, OH 44707-1448
      View Details
    • Value Estimation
      $1,300,000
      9,270 SF

      1617 Tuscarawas E St

      WHOLESALE OUTLET, DISCOUNT STORE • 9,270 SF
      1617 Tuscarawas E St, Canton, OH 44707-3180
      View Details
    • Value Estimation
      $1,245,000
      21,544 SF

      2741 Lincoln E St

      WHOLESALE OUTLET, DISCOUNT STORE • 21,544 SF
      2741 Lincoln E St, Canton, OH 44707-2769
      View Details

    Similar Nearby for Sale

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      Retail Space For Sale

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      Mixed-Use Property with Redevelopment Potential

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      Sheetz NNN Ground Lease Investment

      15-year NNN ground lease with Sheetz on 11.01-acre parcel.
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      Updated Mixed-Use Building For Sale

      Mixed-use building with updated retail and office spaces.
      2627 Waynesburg Dr SE, Canton, OH 44707
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      Industrial Land Near Waynesburg Exit

      Industrial park land for sale near Route 30 and 43.
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      Thriving Bar and Restaurant For Sale

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    Similar Nearby for Lease

    • Contact for pricing

      Neighborhood Shopping Center For Rent

      Neighborhood shopping center with diverse co-tenants serving south Canton.
      3001 Cleveland Ave SW, Canton, OH 44707
      View Details
    • $17 SF/Yr
      11,157 SF

      Former Rite Aid Available

      Freestanding retail building in a high-traffic location.
      4042 Cleveland Ave S, Canton, OH 44707
      View Details
    • Contact for pricing

      Corner Lot Commercial Land Available

      Two parcels of commercial land for rent on corner lot.
      1900-1914 Tuscarawas St W, Canton, OH 44707
      View Details
    • $6 SF/Yr

      Canton Flex Space For Lease

      Flex space with office, restroom, and secure fenced lot.
      1900 Cleveland Ave Southwest, Canton, OH 44707
      View Details
    • $6,700 /Mo
      39,248 SF

      Updated Warehouse in Canton, OH

      Spacious, updated warehouse with loading dock and expansion potential.
      1220 5Th St SW, Canton, OH 44707
      View Details
    • Contact for pricing

      Downtown Canton Warehouse with Crane

      Two-story warehouse space with crane in downtown Canton.
      715 2Nd St Se, Canton, OH 44707
      View Details
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    Canton, OH 44707
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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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