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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Community centers
280 Federal NW Ave Massillon, OH 44647-5469
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1882063
Property summary
AI-generated overview
This exceptional industrial property, located in the heart of downtown Massillon, offers a unique opportunity for businesses seeking a strategic location and versatile space. The single-story building sits on a 2.009-acre lot and features a total of 8,854 square feet of available space, ideal for distribution, warehousing, office, or retail uses. The property boasts unbeatable access to Route 21 and Lincoln Way, providing easy access to the greater Stark County area. Currently, there is 13,882 square feet of warehouse space available for lease at $2.95 per square foot, including three overhead doors. Additionally, 9,337 square feet of mezzanine space is available at $2.95 per square foot, and 11,233 square feet of dry basement storage is available for lease at $1.00 per square foot. The property's APN is 615712, 618139, and 619357, and it is situated in Stark County. This property presents a compelling investment opportunity with its prime location and flexible space options. Contact us today to learn more about this exceptional property and schedule a showing.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1955
Construction
BRICK
Total area
60,000 SF
Lot
1.07 ac (46,609 SF)
APN
06-15712
UPID
US66-1882063
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
-
Elum Music Co Big Box & Wholesale Store
-
ARRAY, Inc. Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.74M
Owner & transaction history
Modern Health Alternative INC · 4 yrs held
Modern Health Alternative INC
since 2022
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Massillon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Massillon 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
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±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
$29 / 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
$15,024
Tax year 2023
Assessed value
$250,670
Assessed 2023
Previous assessed
$250,670
+0.0% YoY
Effective rate
5.99%
On assessed value
Assessed land
$25,900
Assessed improvement
$224,770
Land market value
$74,000
Improvement market value
$642,200
Total market value
$716,200
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1955
Construction
BRICK
Heating
YES
Cooling
NONE
Stories
1
Units
1
Bathrooms
6
Total area
60,000 SF
Lot
1.07 ac (46,609 SF)
APN
06-15712
UPID
US66-1882063
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
Building & site characteristics
From public records
Year built
1955
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
1.07 ac
Current owner
From public records · entity-resolved
Modern Health Alternative INC
Entity
Free & Clear · 4 yrs held
Mailing address
8175 WOODVALE CIR NW, MASSILLON, OH 44646-1471
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Feb 28, 2022
—
Modern Health Alternative INC
Camel Company Of Stark County Ltd
Lease
—
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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