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

    4883 Dressler NW Rd Canton, OH 44718-3635

    • Office Properties & Spaces
    • 23,502 SF
    • 2.16 lot acres
    OFF-MARKET
    Value Estimations
    $1,475,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-0845182
    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

    • Software Engineer / (Bike/Boat/Book/etc) Store / Corporate Office
    • TechniciansNow / Employment Agency
    • www hotindianapolisjobs com / Employment Agency
    • AkronWorks / Employment Agency
    • SalesRepresentativesCentral.com / Employment Agency

    Property Details for 4883 Dressler NW Rd

    Year built
    1988
    Construction
    FRAME
    Lot size
    2.16 lot acres
    Property size
    23,502 SF
    Property type
    Office Properties & Spaces
    APN
    16-18026
    APU
    1618026

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,310,000
      6.5%
      $1,210,000
      7%
      $1,125,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,789,000
      Market price range: $674k - $2.38M
      AI Estimate
      $1,422,000
      Market price range: $635k - $1.89M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,410,000
      Current use
      MEDICAL BUILDING
      $2,455,000
      Change: +74% Conversion: Easy
      RETAIL STORES
      $2,030,000
      Change: +44% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $2,015,000
      Change: +43% Conversion: Difficult
      OFFICE BUILDING
      $1,910,000
      Change: +35% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,345,000
      Change: -5% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.4343
    Latitude
    40.8526
    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
    $52,567
    $277,170
    $626,150
    $903,320
    -
    $791,900
    $1,789,000
    $2,580,900

    Comparable in this City

    • Value Estimation by Request
      1,256 SF

      4328 Dressler NW Rd

      CONDOMINIUM OFFICES • 1,256 SF
      4328 Dressler NW Rd, Canton, OH 44718-2752
      View Details
    • Value Estimation by Request
      624 SF

      4304 Dressler NW Rd

      CONDOMINIUM OFFICES • 624 SF
      4304 Dressler NW Rd, Canton, OH 44718-2752
      View Details
    • Value Estimation by Request
      613 SF

      4577 Fulton NW Dr

      CONDOMINIUM OFFICES • 613 SF
      4577 Fulton NW Dr, Canton, OH 44718-2368
      View Details
    • Value Estimation by Request
      871 SF

      4942 Higbee Ave Nw Ste K

      CONDOMINIUM OFFICES • 871 SF
      4942 Higbee Ave Nw Ste K, Canton, OH 44718-2554
      View Details
    • Value Estimation by Request

      4580 Stephen Cir

      Retail properties
      4580 Stephen Cir, Canton, OH 44718
      View Details
    • Value Estimation by Request

      4205 Whipple Ave

      Office Properties & Spaces
      4205 Whipple Ave, Canton, OH 44718
      View Details

    Similar Nearby for Sale

    • $3,200,000
      41,502 SF

      Belden Village Office Building

      Class A Office, 41,502 SF, Canton, OH
      4825 Higbee Ave, Canton, OH 44718
      View Details
    • $599,000
      4,314 SF

      Canton Medical Office Building

      Prime Medical Office, Canton, OH
      4181 Holiday St, Canton, OH 44718
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    • $525,000
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      Canton Medical Office Building

      Prime Medical Office, Excellent Location
      4181 Holiday Ave, Canton, OH 44718
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    • $259,900
      3,800 SF

      Canton Office Condo: Prime Location

      3,800 sq ft Office Condo - $259,900
      4792 Munson St, Canton, OH 44718
      View Details
    • Contact for pricing
      150,000 SF

      Expandable Office Building in Canton

      Two-story, 150,000 SF office building with planned upgrades.
      4500 Munson St NW, Canton, OH 44718
      View Details
    • $525,000
      4,314 SF

      Medical Office Building For Sale

      Professional medical office building in move-in condition for sale.
      4181 Holiday St NW, Canton, OH 44718
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    Similar Nearby for Lease

    • $12 SF/Yr
      21,228 SF

      Canton Office Space for Lease

      Class A Office, 2,511 sq ft
      4690 Munson St, Canton, OH 44718
      View Details
    • Contact for pricing
      24,000 SF

      Prime Canton Executive Office Space

      24,000 SF Office, Ample Parking, New Construction
      4481 Munson St, Canton, OH 44718
      View Details
    • $20 SF/Yr
      9,436 SF

      Canton Office Space - Belden Village

      High-profile office space, excellent location.
      5021 B Whipple Ave, Canton, OH 44718
      View Details
    • $12 SF/Yr
      25,753 SF

      Canton Office Suites Available

      Prime Canton location, flexible office space
      3969 Convenience Cir, Canton, OH 44718
      View Details
    • $16 SF/Yr
      41,203 SF

      Canton Office Space For Lease

      First-floor office, Belden Village, ample parking.
      4825 Higbee Ave, Canton, OH 44718
      View Details
    • $17 SF/Yr
      143,096 SF

      Canton Executive Office Space

      Prestigious Canton office suites available. Modern amenities, flexible space.
      4450 Belden Village St, Canton, OH 44718
      View Details
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    4883 Dressler NW Rd
    Canton, OH 44718-3635
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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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