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Property profile & analytics
OFF-MARKET Estimated value $860,000
Outlet malls

4764 Tuscarawas W St Canton, OH 44708-5341

12,000 SF 0.93 ac lot Built 1974
Entity Owned 10-yr Hold Free & Clear
Property ID
US66-2408876
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding Dollar Tree located at 4764 Tuscarawas St W, Canton, OH 44708, within the Cleveland MSA. The property boasts 12,000 square feet on a 0.93-acre lot, currently operating at 100% occupancy under a Net Lease agreement with a corporate guarantee. The asking price is $1,395,630, representing a compelling $116.30 per square foot and a 7.85% cap rate, based on a Net Operating Income (NOI) of $109,557. The lease features three 5-year options and includes rent bumps. The tenant, Dollar Tree, benefits from its recession-resistant business model. Built in 1974, the property received a new roof in 2023. The location is highly desirable, with over 60,000 residents and 31,000+ daytime employees within a 3-mile radius. Its proximity to the Akron-Canton Regional Airport (an 18-minute commute) and the Pro Football Hall of Fame further enhances its appeal. The lease expires January 30, 2028, offering a remaining term of approximately 3.2 years. This is a rare opportunity to acquire a stable, high-performing retail asset with significant upside potential.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1974
Construction FRAME
Total area 12,000 SF
Lot 0.93 ac (40,511 SF)
APN 43-17352
UPID US66-2408876
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
Current use
Occupant on record · Public records
  • Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$860k
Owner & transaction history
Development 2016 LLC · 10 yrs held
Development 2016 LLC
since 2016
5 recorded transactions
2016
$1.2M
2007
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.4M +31.4%
Auto repair, garage $1.3M +22.8%
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