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Property profile & analytics
OFF-MARKET
Office Spaces
4942 Higbee Ave Nw Ste A Canton, OH 44718-2554
Entity Owned
7-yr Hold
Free & Clear
Property ID
US66-1882664
Property summary
AI-generated overview
This single-story, 3,817 square foot Class B office building, located at 4942 Higbee Ave NW in Canton, Ohio, presents a fantastic leasing opportunity. Built in 1983, the property sits on a 1.49-acre lot (64,781 square feet) and is zoned B3. The building currently features one suite, with 1,941 square feet immediately available for lease. The total building comprises 3,817 square feet. Utilities are available, including power. This traditional office space is ideal for a variety of businesses seeking a convenient location in Stark County. The property's address is 4942 Higbee Ave NW, Canton, OH 44718. The building offers a single story and multiple tenancy options. This presents a unique opportunity to establish a presence in a well-situated Canton commercial area. The ample lot size provides ample parking and potential for future expansion. Interested parties should inquire about lease terms and conditions.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1983
Construction
FRAME
Total area
1,941 SF
Lot
1.48 ac (64,469 SF)
APN
16-15478
UPID
US66-1882664
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
-
Edward Jones - Financial Advisor: Paul Frey, ChFC® Financial Advisor
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Edward Jones - Financial Advisor: Kenneth E Griffin Financial Advisor
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Gill, Weitzel & Company Accounting Firm Tax Preparation
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Fitzpatrick Realty Ltd Construction Company General Contractor
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Free Webinar 4 28 2021 5:30 Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Belden Court South LLC · 7 yrs held
Belden Court South LLC
since 2018
Last sale
$151,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,896
Tax year 2023
Assessed value
$49,770
Assessed 2023
Previous assessed
$49,770
+0.0% YoY
Effective rate
5.82%
On assessed value
Assessed land
$12,250
Assessed improvement
$37,520
Land market value
$35,000
Improvement market value
$107,200
Total market value
$142,200
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
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
YES
Cooling
NONE
Stories
1
Units
1
Bathrooms
2
Total area
1,941 SF
Lot
1.48 ac (64,469 SF)
APN
16-15478
UPID
US66-1882664
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
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.48 ac
Current owner
From public records · entity-resolved
Belden Court South LLC
Entity
Free & Clear · 7 yrs held
Mailing address
4942 HIGBEE AVE NW, CANTON, OH 44718-2554
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2018
—
Belden Court South LLC
Fitzpatrick Ents Of Ohio LLC
Warranty Deed
—
Jun 22, 2018
—
Fitzpatrick Ents Of Ohio LLC
Fitzpatrick Ents A Ptshp
Quit Claim Deed
—
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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