4503 Tuscarawas W St Canton, OH 44708-5336
Property profile & analytics
4503 Tuscarawas W St, Canton, OH 44708-5336
- Drive through restaurants
- 844 SF
- 0.48 lot acres
Property ID
US66-5230812
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.
Location Intelligence
Current Use by Public Records
- Rally's / Restaurant / Take-out & Catering
Property Details for 4503 Tuscarawas W St
- Year built
- 2019
- Construction
- METAL FRAME
- Lot size
- 0.48 lot acres
- Property type
- Drive through restaurants
- APN
- 10-011248
- APU
- 10011248
Description
This exceptional investment opportunity presents a stabilized, 100% occupied, multi-tenant retail property featuring AT&T, Checkers and Rally's, and Charleys. The 6,200 square foot property, situated on a 1.06-acre lot at 4503 Tuscarawas St W, Canton, OH 44708, boasts a strong 7.25% cap rate and a substantial NOI of $157,501. Comprised of two buildings, one constructed in 1976 and the other in 2020, the property underwent extensive renovations in 2022, including new build-outs and ground-up construction for Rally's. Significant improvements completed since 2017 include a new TPO roof (2020), parking lot paving (2017), and new HVAC systems (2019/2022), totaling over $600,000 in upgrades. The property benefits from a prime location on Tuscarawas Street West, a major thoroughfare connecting Canton and Massillon, experiencing high daily vehicle traffic (19,100 VPD) and situated near a significant retail corridor. The property's proximity to major retailers like Walmart, JCPenney, and others further enhances its visibility and appeal. The ground lease extends until March 31, 2035, with built-in rent bumps. This is a rare opportunity to acquire a well-maintained, high-performing retail investment in a densely populated area with strong demographics (10,624 residents within 1 mile, 64,514 within 3 miles, and 152,140 within 5 miles). The property's three tenants enjoy an average lease term remaining of 8.1 years, with a weighted average lease term of 7.8 years. The asking price is $2,172,000, translating to $350.32 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Stark
- State
- Ohio
- Longitude
- -81.4285
- Latitude
- 40.7965
- 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
$8,940
$52,890
$88,310
$141,200
-
$151,100
$252,300
$403,400
