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Property profile & analytics
FOR LEASE
Office Spaces
4900 Frank Ave NW, North Canton, OH 44720
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1079706
For Lease
1 / 11
$1,000/Mo
4900 Frank Ave NW, North Canton, OH 44720
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Construction
BRICK
Total area
11,838 SF
Lot
1.08 ac (47,045 SF)
APN
16-10400
UPID
US66-1079706
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$831k
Blend (final)
Blend
$930k
Owner & transaction history
4900 Frank LLC · 3 yrs held
4900 Frank LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+33.1%
Auto repair, garage
$1.3M
+24.5%
Retail stores
$1.0M
+1.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Canton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$905,000
ML approach
$1,085,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,010,000
Current use
RESTAURANT
$1,345,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,255,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$1,020,000
Change: +1% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,015,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$960,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $1.20M (Dec 1 2022)
Last sale anchor
$1.20M
Dec 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$79 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,697
Tax year 2023
Assessed value
$235,170
Assessed 2023
Previous assessed
$216,130
+8.8% YoY
Effective rate
5.82%
On assessed value
Assessed land
$46,660
Assessed improvement
$188,510
Land market value
$133,300
Improvement market value
$538,600
Total market value
$671,900
Applied tax rate
130.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1980
Construction
BRICK
Heating
YES
Cooling
NONE
Stories
2
Units
1
Bathrooms
6
Total area
11,838 SF
Lot
1.08 ac (47,045 SF)
APN
16-10400
UPID
US66-1079706
Jurisdiction
STARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
OFFICE BUILDING
Est. value
$960,000
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Bathrooms
6
Lot
1.08 ac
Current owner
From public records · entity-resolved
4900 Frank LLC
Entity
Mailing address
143 CANTON RD, WINTERSVILLE, OH 43953-3931
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
$1,200,000
4900 Frank LLC
North Canton Properties LLC
Warranty Deed
$1,080,000 · Consumers National Bank
Jun 19, 2017
—
North Canton Properties LLC
—
Deed
related
$288,000 · Hcdc INC
Jan 11, 2017
$500,000
North Canton Properties LLC
Shirali Sudheer R Trust
Warranty Deed
$348,900 · Keybank USA
Mar 21, 2005
—
Shirali Sudheer R Trust
Shirali,sudheer
Quit Claim Deed
related
—
—
—
Shirali,sudheer R Trust
—
Deed Of Trust
related
$250,000 · Key Bank NA
—
—
Shirali,sudheer R Trust
—
Loan Modification
related
$230,271 · Key Bank NA
—
—
North Canton Properties LLC
—
Deed Of Trust
related
$348,900 · Keybank USA
—
—
North Canton Properties LLC
—
Deed Of Trust
related
$288,000 · Hcdc INC
—
—
Shirali Sudheer R Trust
—
Deed Of Trust
related
$500,000 · Key Bank NA
—
—
Shirali Sudheer Trust
—
Deed Of Trust
related
$700,000 · Key Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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