Property profile

5285 Broadmoor NW Cir Canton, OH 44709

OFF-MARKET
Hotels
Property ID
US66-1846282
29,235 SF 1.12 ac lot Built 1994
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2-acre parcel, located at 5285 Broadmoor Cir NW in Canton, Ohio (APN 5503222), presents a prime commercial development opportunity. Priced at $379,000, this B2-zoned land in Plain Township offers unparalleled visibility overlooking I-77, placing your business in close proximity to the recently constructed The Venue retail development. The B2 zoning allows for a diverse range of uses, including retail, office, assembly, and recreational facilities. This strategic location ensures high traffic counts and excellent exposure for any commercial venture. The property's size provides ample space for a variety of development plans. Note that deed restrictions prohibit the construction of hotels or motels. This is a rare opportunity to secure a highly visible and versatile commercial lot in a thriving area of Canton, Ohio, with easy access to major transportation routes. The property's proximity to established retail and its commanding location overlooking I-77 make it an ideal site for businesses seeking maximum exposure and accessibility. Don't miss this chance to capitalize on this exceptional commercial land offering.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1994
Construction WOOD
Total area 29,235 SF
Lot 1.12 ac (48,787 SF)
APN 55-02833
UPID US66-1846282

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Parking Lot & Garage
  • Hotel & Motel

Location

5285 Broadmoor NW Cir Canton, OH 44709-4017
Canton metro Census 711800 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.60M

Owner & transaction history

since 2024
Last sale
$3.6M
4 recorded transactions
2024
$3.6M
2022
$3.4M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $3.4M +416.3%
Auto repair, garage $2.4M +265.3%
Medical building $2.2M +243.1%

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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