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Property profile & analytics
FOR SALE
Commercial land
611 E Main St Canfield, OH 44406
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-1526812
For Sale
1 / 17
$680,000
611 E Main St, Canfield, OH 44406
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Property summary
AI-generated overview
This exceptional commercial land offering presents a significant redevelopment opportunity in the thriving city of Canfield, Ohio. Located at 611 E Main St, this property boasts a prime location directly on US 224, with convenient access to State Route 11 via its on/off ramp. The site encompasses approximately 13.72 acres, providing ample space for a variety of commercial ventures. With approximately 240 feet of frontage along US 224, the property offers exceptional visibility and accessibility for potential businesses. The property's zoning is designated as B3/R1, allowing for a range of development possibilities. The parcel includes three separate APNs: 28-025-0-001, 002, and 003. Situated in Mahoning County, this location benefits from a strong local economy and a desirable demographic profile. This is an unparalleled chance to acquire a substantial land parcel in a high-traffic area, ideal for developers seeking a prime location for a new commercial project. The property is available for sale and ready for its next chapter. Contact us today to learn more about this exciting opportunity.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1954
Total area
9,880 SF
Lot
1.15 ac (50,094 SF)
APN
28-028-0-002.00-0
UPID
US66-1526812
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$950k
Blend (final)
Blend
$680k
Owner & transaction history
One Canfield LLC · 11 yrs held
One Canfield LLC
since 2015
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 Canfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canfield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,125,000
Current use
MEDICAL BUILDING
$970,000
Change: -14% · Conversion: Easy
RETAIL STORES
$900,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
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
$69 / 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
$5,650
Tax year 2023
Assessed value
$96,430
Assessed 2023
Previous assessed
$85,660
+12.6% YoY
Effective rate
5.86%
On assessed value
Assessed land
$96,430
Land market value
$275,520
Total market value
$275,520
Applied tax rate
28.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1954
Heating
NONE
Stories
1
Total area
9,880 SF
Lot
1.15 ac (50,094 SF)
APN
28-028-0-002.00-0
UPID
US66-1526812
Jurisdiction
MAHONING
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
$1.1M
MEDICAL BUILDING
Est. value
$970,000
RETAIL STORES
Est. value
$900,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
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
1954
Heating
NONE
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
One Canfield LLC
Entity
Mailing address
7950 SPARTAN DR, YOUNGSTOWN, OH 44512-5864
Ownership since
2015
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
Mar 3, 2021
—
One Canfield LLC
—
Deed
related
$550,000 · Premier Bank
May 28, 2015
$550,000
One Canfield LLC
Farmers Trust Company
Deed
$250,000 · First National Bank Of Pennsylvania
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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