Property profile

5200 Stoneham Rd North Canton, OH 44720

FOR LEASE
Office buildings
Property ID
US66-6109973
42,840 SF 6.17 ac lot Built 1993
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, located at 5200 Stoneham Rd in North Canton, Ohio, presents a unique opportunity for businesses seeking expansive, modern workspace. The single-story, 36,564 square foot building sits on a generous 6.17-acre lot and boasts ample parking with 295 spaces. Constructed in 1993, the property is currently entirely vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The building's I-1 zoning provides flexibility for a variety of professional uses. The property features a total of 36,564 square feet of leasable space, all available for immediate lease. Its convenient location in North Canton, Ohio, zip code 44720, offers easy access to major transportation routes and amenities. The property's APN is 2900200. This is an ideal opportunity to establish a prominent presence in a thriving business community. The building's single-story design provides efficient and accessible floor plans. With its substantial size and prime location, this property is well-suited for a variety of businesses seeking a high-quality, readily available office space. The ample parking ensures convenient access for employees and clients alike. Don't miss this chance to secure this exceptional office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1993
Total area 42,840 SF
Lot 6.17 ac (268,765 SF)
APN 29-00200
UPID US66-6109973

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5200 Stoneham Rd North Canton, OH 44720
North Canton metro Census 532999 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.32M
Comparable Approach Comparable
$4.88M
Blend (final) Blend
$840k

Owner & transaction history

since 2006
6 recorded transactions
2012
Price N/A
2007
Price N/A
2006
$3.8M
2006
$3.8M
2005
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $4.8M +43.5%
Auto repair, garage $4.3M +28.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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