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    4695 Dressler NW Rd Canton, OH 44718-3664
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    Property profile & analytics

    4695 Dressler NW Rd, Canton, OH 44718-3664

    View on Map
    • Community centers
    • 13,104 SF
    • 3.09 lot acres
    Off-Market
    Property ID
    US66-2163119
    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
    $1,260,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stable Insurance Ohio / Insurance Agency
    • Jasmine at Belden / Restaurant

    Property Details for 4695 Dressler NW Rd

    Year built
    1986
    Construction
    BRICK
    Lot size
    3.09 lot acres
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    16-15800
    APU
    1615800

    Description

    This exceptional retail property, located at 4695 Dressler Rd NW in Canton, Ohio, presents a unique investment opportunity. The property consists of two single-story buildings totaling 61,759 square feet, situated on a 3.09-acre lot (134,660 square feet). Currently, there is 4,406 square feet of vacant space available, divisible into units as small as 1,875 square feet, with a maximum contiguous space of 4,406 square feet. The property is classified as Class B and was built in 1986. Ample parking is provided for tenants and customers. The zoning designation is JAC-B3, within Stark County. This neighborhood center offers high visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's location in Canton, Ohio, provides access to a strong local market and convenient access to major transportation routes. This is a rare opportunity to secure a well-located retail space in a thriving community. The property's size and flexibility make it suitable for a range of retail concepts. Serious inquiries are encouraged to explore this promising investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,702,000
      Market price range: $752k - $1.70M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,125,000
      Current use
      RESTAURANT
      $1,485,000
      Change: +32% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,390,000
      Change: +24% Conversion: Difficult
      MEDICAL BUILDING
      $1,370,000
      Change: +22% Conversion: Difficult
      RETAIL STORES
      $1,130,000
      Change: +1% Conversion: Easy
      OFFICE BUILDING
      $1,065,000
      Change: -5% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.4354
    Latitude
    40.8491
    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
    $63,091
    $442,260
    $641,690
    $1,083,950
    -
    $1,263,600
    $1,833,400
    $3,097,000

    Comparable in this City

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      20,482 SF

      4915 Whipple NW Ave

      MINI-MALL
      4915 Whipple NW Ave, Canton, OH 44718-2655
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    • Value Estimation by Request
      20,770 SF

      4304 Belden Vlg NW St

      MINI-MALL
      4304 Belden Vlg NW St, Canton, OH 44718-2514
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    • Value Estimation
      $2,350,000
      16,560 SF

      5100 Whipple NW Ave

      MINI-MALL
      5100 Whipple NW Ave, Canton, OH 44718-2663
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    • Value Estimation
      $1,665,000
      33,291 SF

      5380 Fulton NW Dr

      MINI-MALL
      5380 Fulton NW Dr, Canton, OH 44718
      View Details
    • Value Estimation by Request
      1.66 Acres

      Dressler NW Rd

      MINI-MALL
      Dressler NW Rd, Canton, OH 44718
      View Details

    Similar Nearby for Sale

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      1.10 Acres

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    • $495,000

      Retail Building Near Belden Village

      Retail building for sale in Belden Village retail area.
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      Commercial real estate with rental income in high-traffic area.
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      Whipple Avenue Commercial Land Available

      Commercial land in high-traffic area near retail centers.
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      Whipple Avenue Commercial Land Available

      Highly visible commercial land with easy access to I-77.
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      Commercial Site in Mixed-Use Development

      8-acre commercial site ideal for various development projects.
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    Similar Nearby for Lease

    • Contact for pricing
      6,501 SF

      Retail Space in Belden Village

      Retail space available in a high-traffic Canton shopping center.
      4317-4449 Whipple Ave NW, Canton, OH 44718
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    • Contact for pricing
      2,000 SF

      Belden Village Retail Space Available

      Retail space for lease in Belden Village location.
      4726-4794 Dressler Rd NW, Canton, OH 44718
      View Details
    • Contact for pricing
      19,047 SF

      Retail Space at Springbrook Plaza

      Retail spaces available, ranging from 1,500 to 8,000 SF.
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      2,000 SF

      Retail Space Near Belden Village

      Retail space for lease near Belden Village Mall.
      5100-5114 Whipple Ave NW, Canton, OH 44718
      View Details
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    Canton, OH 44718-3664
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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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