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Property profile & analytics
FOR LEASE
Community centers
3010 Cromer Ave NW Canton, OH 44709
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1471055
For Lease
1 / 2
$6 SF/Yr
3010 Cromer Ave NW, Canton, OH 44709
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Property summary
AI-generated overview
This exceptional retail opportunity is located at 3010 Cromer Ave NW in Canton, Ohio, within Stark County. The property consists of a single-story, Class C building totaling 160,166 square feet, built in 1952, and situated on a 0.5-acre lot. The property is zoned B-6 and offers multiple tenancy options, with four available suites ranging from a minimum of 1,125 square feet to a maximum contiguous space of 6,450 square feet. A total of 12,415 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The property includes seven buildings in total and offers limited parking with six spaces available. This location provides excellent access and visibility for retail businesses seeking a presence in the Canton market. The property's size and flexible space options make it ideal for a variety of retail uses. The property's address is 3010 Cromer Ave NW, Canton, OH 44709. The lot size is 0.5 acres.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1952
Construction
FRAME
Total area
56,510 SF
Lot
16.3 ac (710,028 SF)
APN
03-05527
UPID
US66-1471055
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
$7.31M
CAP Approach
CAP
$9.46M
Comparable Approach
Comparable
$7.34M
Blend (final)
Blend
$6.82M
Owner & transaction history
Canton Aries Investors LLC · 1 yrs held
Canton Aries Investors LLC
since 2025
Last sale
$6.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.0M
+105.5%
Restaurant
$6.4M
+32.3%
Auto repair, garage
$6.0M
+23.6%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$7,140,000
ML approach
$7,305,000
CAP Approach
CAP Return
Estimation
6%
$10,245,000
6.5%
$9,460,000
7%
$8,780,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,845,000
Current use
MEDICAL BUILDING
$9,960,000
Change: +106% · Conversion: Difficult
RESTAURANT
$6,410,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,990,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$4,880,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$4,585,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$6.82M
Range $6.14M – $7.50M · ±10% · vs last sale $6.15M (Jul 16 2020)
Last sale anchor
$6.15M
Jul 16 2020
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
$121 / 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
$116,291
Tax year 2023
Assessed value
$2,260,130
Assessed 2023
Previous assessed
$2,260,130
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$368,240
Assessed improvement
$1,891,890
Land market value
$1,052,100
Improvement market value
$5,405,400
Total market value
$6,457,500
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
For Lease
Year built
1952
Construction
FRAME
Heating
YES
Cooling
NONE
Buildings
12
Stories
1
Units
1
Bathrooms
39
Total area
56,510 SF
Lot
16.3 ac (710,028 SF)
APN
03-05527
UPID
US66-1471055
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$10.0M
RESTAURANT
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$6.0M
RETAIL STORES
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
12
Units
1
Bathrooms
39
Lot
16.3 ac
Current owner
From public records · entity-resolved
Canton Aries Investors LLC
Entity
Mailing address
361 17TH ST NW UNIT #2601, ATLANTA, GA 30363-1092
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
$12,450,000
Canton Aries Investors LLC
Canton Aries Shopping Plaza LLC
Deed
$8,000,000 · Standard Insurance Co
Jul 16, 2020
—
Canton Aries Shopping Plaza L
Bre Retail Residual Owner 6 Ll
Warranty Deed
—
Dec 1, 2017
$1,350,000
Nexus Gas Transmission LLC
Canton Commerce Dev LLC
Grant Deed
—
Jul 7, 2011
—
Bre Retail Residual Owner 6 LLC
Centro Bradley Spe 8 LLC
Limited Warranty Deed
$100,000,000 · Wells Fargo Bank NA
Jun 26, 2007
—
Centro Bradley Spe 8 LLC
Bradley Operating
Quit Claim Deed
related
—
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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