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    4042 Cleveland Ave S Canton, OH 44707

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    4042 Cleveland Ave S Canton, OH 44707


    • Retail space
    • 10,886 SF
    • 2.31 lot acres
    Former Rite Aid Available For Lease
    $17 SF/Yr
    11,157 SF

    Former Rite Aid Available

    Freestanding retail building in a high-traffic location.

    4042 Cleveland Ave S, Canton, OH
    View Listing
    Property ID
    US66-4521000
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $5,130,000
    Cap Rate Potential
    3.8%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Rite Aid / Pharmacy
    • Rite Aid Photo / (Bike/Boat/Book/etc) Store
    • Coinhub Bitcoin ATM Teller / Atm
    • Daniel Krinsky / Pharmacy
    • higi / Physician

    Property Details for 4042 Cleveland Ave S

    Year built
    2015
    Construction
    FRAME
    Lot size
    2.31 lot acres
    Property size
    10,886 SF
    Property type
    Retail space
    APN
    10-007056
    APU
    10007056

    Description

    This exceptional Class A retail property, located at 4042 Cleveland Ave SW in Canton, Ohio, presents a unique investment opportunity. The 11,115 square foot freestanding building sits on a 2.31-acre lot and enjoys a highly desirable location, serving as a gateway to the town and situated directly across from the high school. Its previous use as a Rite Aid pharmacy provides a strong foundation for a variety of retail or office uses. The building is currently vacant, offering immediate occupancy for a new tenant. The property's single-tenancy structure simplifies management and provides a clear, straightforward investment. The address is 4042 Cleveland Ave SW, Canton, OH 44707, with a convenient cross street of Faircrest St SW. The property's size and location make it ideal for a wide range of businesses seeking high visibility and accessibility. This is a rare opportunity to acquire a substantial, well-located commercial property in a thriving community. The property's classification as Class A signifies its high-quality construction and features. The ample lot size offers potential for expansion or additional development. Don't miss this chance to secure a prime commercial space in a high-traffic area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,205,000
      ML approach
      $5,155,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3737
    Latitude
    40.7507
    CBSA code
    15940
    CBSA name
    CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $80,434
    $133,530
    $1,248,980
    $1,382,510
    -
    $381,500
    $3,568,500
    $3,950,000
    View Listing
    More about this property
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