4001 Whipple Ave Canton, OH 44718
- Office Properties & Spaces
- 3,648 SF
- 4.18 lot acres
Current Use by Public Records
- Canton Commercial Furnace Experts / HVAC Service / General Contractor
- Dr. Kirk Robeson, DDS / Dental Office
- Robeson & Robeson DDS / Dental Office
- Smith-Reiss Agency Inc / Insurance Agency
- Mariner / Financial Advisor
Property Details for 4001 Whipple Ave
- Year built
- 2015
- Construction
- WOOD
- Lot size
- 4.18 lot acres
- Property size
- 3,648 SF
- Property type
- Office Properties & Spaces
- APN
- 10-006061
- APU
- 10006061
Description
This exceptional 0.96-acre commercial land parcel presents a unique investment opportunity in Canton, Ohio. Strategically located at 4001 Whipple Avenue NW, Building 5, this property boasts high visibility on a major thoroughfare, providing excellent exposure for any business. Its convenient location offers easy access to I-77 and the nearby Belden Village area, ensuring strong potential for customer traffic and employee commute. The property is zoned B-1, allowing for a variety of commercial uses. All public utilities are available, eliminating the need for costly infrastructure development. Note that a $3,000 utility box tap-in charge (to a third party) is in addition to the asking price of $65,000. This is a significant advantage over leasing, offering long-term ownership and control. Furthermore, the property's location within Jackson Township provides the added benefit of no personal or corporate income tax. An adjacent, similarly sized lot (Pad #4) is also available for purchase, offering a combined purchase price of $120,000 for a total of approximately 1.92 acres. This presents a compelling opportunity for expansion or consolidation. The property's address is 4001 Whipple Avenue NW, Building 5, Canton, OH 44718.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $785,000
- 6.5%
- $725,000
- 7%
- $670,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $385,000
- MEDICAL BUILDING
- $380,000
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Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Stark
- State
- Ohio
- Longitude
- -81.4245
- Latitude
- 40.8437
- CBSA code
- 15940
- CBSA name
- CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA