4006 Harmont NE Ave Canton, OH 44705
This exceptional 6-acre commercial and industrial land parcel presents a unique investment opportunity in Canton, Ohio. Strategically located on Harmont Ave NE, this property boasts high visibility across from a newly constructed Aldi and M@C Discounts. Its proximity to a substantial 1.1 million square foot Amazon facility (less than half a mile away) ensures excellent access to a robust workforce and significant logistical advantages. Currently zoned I1, the property's zoning allows for a variety of industrial uses, while its frontage also presents potential for retail development. Adding to its appeal, the property includes four existing pole buildings at the rear, offering potential for immediate use or redevelopment. While these buildings require some deferred maintenance, they represent a valuable asset. The property is situated in Plain Township, offering the significant benefit of no city income tax, making it even more attractive for investors and businesses. The APN is 5216177. This is a rare opportunity to acquire a sizable parcel of land in a thriving commercial and industrial area with significant upside potential. The asking price is $600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.