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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    625 6th NE St Canton, OH 44702-1043

    • Auto shops
    • 4,992 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1338949
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 625 6th NE St

    Year built
    1970
    Construction
    BRICK
    Lot size
    0.30 lot acres
    Property size
    4,992 SF
    Property type
    Auto shops
    APN
    02-38299
    APU
    238299

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3681
    Latitude
    40.8012
    CBSA code
    15940
    CBSA name
    CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,678
    $11,270
    $10,260
    $21,530
    -
    $32,200
    $29,300
    $61,500

    Comparable in this City

    • Value Estimation by Request
      1,798 SF

      130 9th NW St

      AUTO REPAIR, GARAGE • 1,798 SF
      130 9th NW St, Canton, OH 44702-1011
      View Details
    • Value Estimation by Request
      1,360 SF

      1423 Tuscarawas W St

      AUTO REPAIR, GARAGE • 1,360 SF
      1423 Tuscarawas W St, Canton, OH 44702-2037
      View Details
    • Value Estimation by Request
      1,600 SF

      500 Schroyer SW Ave

      AUTO REPAIR, GARAGE • 1,600 SF
      500 Schroyer SW Ave, Canton, OH 44702-2015
      View Details
    • Value Estimation by Request
      3,149 SF

      534 Cherry NE Ave

      AUTO REPAIR, GARAGE • 3,149 SF
      534 Cherry NE Ave, Canton, OH 44702-1157
      View Details
    • Value Estimation by Request
      5,050 SF

      736 Cleveland SW Ave

      AUTO REPAIR, GARAGE • 5,050 SF
      736 Cleveland SW Ave, Canton, OH 44702-2175
      View Details
    • Value Estimation by Request
      1,755 SF

      625 Cherry NE Ave

      AUTO REPAIR, GARAGE • 1,755 SF
      625 Cherry NE Ave, Canton, OH 44702
      View Details

    Similar Nearby for Sale

    • $200,000
      6,156 SF

      Mixed-Use Brick Building in Canton

      6,156 SF brick building suitable for retail or office.
      814 Cleveland Ave NW, Canton, OH 44702
      View Details
    • $480,000
      0.73 Acres

      Well-Maintained Retail/Workshop Building

      Two-story brick building with retail, workshop, and office space.
      530 Walnut Ave NE, Canton, OH 44702
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    • $275,000
      7,981 SF

      Downtown Canton Commercial Gem

      7,981 SF Brick Building, Tenant Occupied
      321 Cherry Avenue Ne, Canton, OH 44702, Canton, OH 44702
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    • $695,000
      126,001 SF

      Downtown Canton Warehouse Opportunity

      Unique commercial/industrial warehouse in Downtown Canton with redevelopment potential.
      314 Cherry Ave SE, Canton, OH 44702
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    • $349,000
      6,600 SF

      Downtown Canton Storefront

      Prime Retail Space, High Visibility
      238 6Th St, North Canton, OH 44702
      View Details
    • $239,000
      6,156 SF

      Canton Storefront: Prime Retail Space

      Historic Canton retail building, ideal owner/user.
      814 Cleveland Ave, Canton, OH 44702
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Versatile Showroom/Retail/Office Space Available

      5,000 SF space suitable for office, retail, or auto.
      730 Market Ave S, Canton, OH 44702
      View Details
    • $13 SF/Yr
      6,600 SF

      Court Ave NW Office Space

      Canton Office Suites: 3,300-6,600 SF
      309 Court Ave, Canton, OH 44702
      View Details
    • $1,900 /Mo
      7,031 SF

      Canton Retail/Office/Mixed-Use Building

      6,156 SF brick building zoned B-5 suitable for various uses.
      814 Cleveland Ave NW, Canton, OH 44702
      View Details
    • Contact for pricing
      1,509 SF

      Retail Space in Canton, Ohio

      Retail space for rent in a vibrant Canton location.
      4322 Tuscarawas St W, Canton, OH 44702
      View Details
    • $13 SF/Yr
      6,600 SF

      Downtown Canton Retail/Office Space

      Desirable retail/office space in Downtown Canton overlooking Centennial Plaza.
      309 Court Ave NW, Canton, OH 44702
      View Details
    • $12 SF/Yr
      510 SF

      Downtown Canton Office Space Available

      Centrally located office space in revitalizing downtown Canton.
      116-237 Cleveland Ave NW, Canton, OH 44702
      View Details
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    625 6th NE St
    Canton, OH 44702-1043
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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