Property profile

3720 Tuscarawas W St Canton, OH 44708

OFF-MARKET
Parking lots & garages
Property ID
US66-3510109
0.52 ac lot Built 1961
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 11,301-square-foot single-tenant retail building presents a unique investment opportunity in Stark County. Built in 1998, the property sits on a sizable 1.6-acre lot and boasts a convenient location at the corner of Tuscarawas Street and Raff Road. Its strategic placement offers excellent visibility and accessibility, situated near major retailers such as Walmart, JCPenney, and Giant Eagle, ensuring high foot traffic and brand recognition. The building features a single story, with no elevators, and offers ample parking with 75 spaces. Ingress and egress are facilitated by three separate roads, providing convenient access for customers and deliveries. The property is zoned B2 and includes two APNs: 243265 and 243584. Currently vacant, this 11,301 square foot space presents a blank canvas for a variety of retail uses, and includes a drive-thru for added convenience. The property's size, location, and amenities make it an ideal location for a variety of businesses. This is a rare opportunity to acquire a well-positioned retail property in a thriving commercial area. The property's features, combined with its prime location, make it a highly desirable investment.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1961
Lot 0.52 ac (22,651 SF)
APN 02-43584
UPID US66-3510109

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy
  • Locksmith (Bike/Boat/Book/etc) Store
  • Pharmacy
  • (Bike/Boat/Book/etc) Store

Location

3720 Tuscarawas W St Canton, OH 44708-5619
Canton metro Census 701200 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.17M

Owner & transaction history

since 2021
Last sale
$3.4M
2 recorded transactions
2021
Price N/A
2020
$3.4M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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