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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Garden apartment buildings
415 Riley SE Cir Canton, OH 44707-3700
Individually Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1696742
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2008
Construction
WOOD
Total area
5,568 SF
Lot
6.86 ac (298,822 SF)
APN
02-47972
UPID
US66-1696742
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
by Request
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$544k
Blend (final)
Blend
$530k
Owner & transaction history
Senior Apartments Canton II · 19 yrs held
Senior Apartments Canton II
since 2007
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$630,000
+98.5%
Auto repair, garage
$590,000
+85.5%
Retail stores
$480,000
+51.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$585,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$320,000
Current use
RESTAURANT
$630,000
Change: +98% · Conversion: Difficult
AUTO REPAIR, GARAGE
$590,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$480,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$480,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$450,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$335,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$95 / 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
$29,680
Tax year 2023
Assessed value
$380,180
Assessed 2023
Previous assessed
$380,180
+0.0% YoY
Effective rate
7.81%
On assessed value
Assessed land
$14,110
Assessed improvement
$366,070
Land market value
$40,300
Improvement market value
$1,045,900
Total market value
$1,086,200
Applied tax rate
20.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
15
Stories
1
Units
1
Bathrooms
35
Total area
5,568 SF
Lot
6.86 ac (298,822 SF)
APN
02-47972
UPID
US66-1696742
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$320,000
RESTAURANT
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$590,000
RETAIL STORES
Est. value
$480,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$480,000
OFFICE BUILDING
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$335,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
15
Units
1
Bathrooms
35
Lot
6.86 ac
Current owner
From public records · entity-resolved
Senior Apartments Canton II
Individual
Free & Clear · 19 yrs held
Mailing address
550 S ARLINGTON ST, AKRON, OH 44306-1740
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2007
—
Senior Apartments Canton II
—
Trustees Deed
related
$99,000 · Association/better Cmnty Dev I
Jun 7, 2007
$100,000
Senior Apartments Canton II
Eslich Richard M Trust
Warranty Deed
—
—
—
Senior Apartments Canton II
—
Deed Of Trust
related
$2,153,141 · Charter One Bank
—
—
Association Of Better Cmnty Dev
—
Deed Of Trust
related
$125,000 · City Of Canton
—
—
Senior Apartments Canton II
—
Deed Of Trust
related
$250,000 · Association/better Cmnty Dev I
—
—
Senior Apartments Canton II
—
Deed Of Trust
related
$137,000 · Association/better Cmnty Dev I
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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