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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4401 Tuscarawas W St Canton, OH 44708-5360

    • Grocery and convenience stores
    • 90,382 SF
    • 3.77 lot acres
    OFF-MARKET
    Value Estimations
    $2,540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1475470
    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.

    Current Use by Public Records

    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service

    Property Details for 4401 Tuscarawas W St

    Year built
    2004
    Construction
    FRAME
    Lot size
    3.77 lot acres
    Property size
    90,382 SF
    Property type
    Grocery and convenience stores
    APN
    43-18895
    APU
    4318895

    Description

    This exceptional commercial land offering presents a unique redevelopment opportunity in Canton, Ohio, situated at one of Stark County's most dynamic intersections. The property consists of 0.9 to 2.2 acres of divisible land, providing flexibility for various development projects. This prime location is adjacent to a future Chick-fil-A, ensuring high visibility and significant foot traffic. The site offers a ground lease opportunity, allowing for the development of one or two freestanding buildings. An existing 45,000 square foot structure is also available, which can be reduced to a more manageable 20,000 to 30,000 square feet, depending on the developer's needs. This presents a significant advantage, offering the potential to repurpose existing infrastructure or start from a clean slate. The property's strategic location and the potential for synergy with the neighboring Chick-fil-A make this an exceptional investment opportunity for developers seeking high-impact commercial development in a thriving Stark County location. The flexible parcel sizes cater to a range of development plans, from smaller retail spaces to larger commercial ventures. This is a rare chance to secure a prominent position in a rapidly developing area. The property is classified as commercial land with single tenancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,288,000
      Market price range: $3.29M - $12.2M

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.4274
    Latitude
    40.7968
    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
    $29,481
    $185,120
    $279,690
    $464,810
    -
    $528,900
    $799,100
    $1,328,000

    Comparable in this City

    • Value Estimation
      $1,320,000
      13,760 SF

      1910 Woodlawn NW Ave

      CONVENIENCE STORE • 13,760 SF
      1910 Woodlawn NW Ave, Canton, OH 44708-2132
      View Details
    • Value Estimation by Request
      3,936 SF

      3131 Tuscarawas W St

      CONVENIENCE STORE (W/FUEL PUMP) • 3,936 SF
      3131 Tuscarawas W St, Canton, OH 44708-4160
      View Details
    • Value Estimation by Request
      216 SF

      4030 Tuscarawas W St

      CONVENIENCE STORE (W/FUEL PUMP) • 216 SF
      4030 Tuscarawas W St, Canton, OH 44708-5503
      View Details
    • Value Estimation by Request
      1,836 SF

      3600 Tuscarawas W St

      CONVENIENCE STORE (W/FUEL PUMP) • 1,836 SF
      3600 Tuscarawas W St, Canton, OH 44708
      View Details
    • Value Estimation by Request
      2,010 SF

      1601 Tuscarawas W St

      CONVENIENCE STORE (W/FUEL PUMP) • 2,010 SF
      1601 Tuscarawas W St, Canton, OH 44708-4846
      View Details
    • Value Estimation by Request
      576 SF

      2211 Tuscarawas W St

      CONVENIENCE STORE (W/FUEL PUMP) • 576 SF
      2211 Tuscarawas W St, Canton, OH 44708-4749
      View Details

    Similar Nearby for Sale

    • $2,650,000
      11,301 SF

      Canton Retail Investment Opportunity

      Former Rite Aid, 11,301 SF, $2.65M
      3720 Tuscarawas St, Canton, OH 44708
      View Details
    • New
      $375,000
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      Retail Space in Canton, OH

      Well-appointed retail/commercial space with outstanding visibility.
      1922 Whipple Ave NW, Canton, OH 44708
      View Details
    • $299,900
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      Versatile Commercial Property in Canton

      Well-maintained commercial property with showroom, office, and live/work potential.
      1850 Whipple Ave NW, Canton, OH 44708
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      Pending

      Commercial Property with Residential Features

      Commercial zoned property with a remodeled brick bungalow and garage.
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      Whipple Avenue Retail and Office

      Retail and office spaces with high visibility and ample parking.
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      Secluded Homesite Near Brookside Country Club

      5-acre homesite near Brookside Country Club offers privacy and convenience.
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    Similar Nearby for Lease

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      8,814 SF

      Hillsdale Acme Plaza Retail Pad

      Prime Canton retail land, high visibility.
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      2,300 SF

      Former Bank Branch Available

      2,300 SF former bank branch with ample parking.
      2867 Whipple Ave NW, Canton, OH 44708
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    • $13 SF/Yr
      11,301 SF

      Former Retail Building For Lease

      Available retail building with drive-thru and ample parking.
      3720 Tuscarawas St W, Canton, OH 44708
      View Details
    • Contact for pricing
      6,040 SF

      Retail Space Near Retail Corridor

      6,040 SF retail space with easy highway access.
      2819-2819 Whipple Ave NW, Canton, OH 44708
      View Details
    • Contact for pricing
      9,000 SF

      Canton Centre Mall Retail Space

      Retail space available in Canton Centre Mall, Canton, OH.
      4300 Tuscarawas St W, Canton, OH 44708
      View Details
    • Contact for pricing
      20,010 SF

      Retail Space Near Retail Corridor

      Retail space near major retail corridor with easy highway access.
      2859 Whipple Ave NW, Canton, OH 44708
      View Details
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    Canton, OH 44708-5360
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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