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Property profile & analytics
OFF-MARKET
Estimated value
$8,680,000
High-rise multifamily apartments
700 Mckinley NW Ave Canton, OH 44703-3421
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1322897
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
97,133 SF
Lot
0.18 ac (7,802 SF)
APN
02-81689
UPID
US66-1322897
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
-
Cherrie Turner Tower Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.95M
Comparable Approach
Comparable
$8.08M
Blend (final)
Blend
$8.68M
Owner & transaction history
Turner Tower LLC · 3 yrs held
Turner Tower LLC
since 2022
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.0M
+98.5%
Auto repair, garage
$10.3M
+85.5%
Retail stores
$8.4M
+51.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,855,000
6.5%
$10,945,000
7%
$10,165,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,550,000
Current use
RESTAURANT
$11,015,000
Change: +98% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,300,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$8,385,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,330,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$7,885,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,825,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$8.68M
Range $7.81M – $9.55M · ±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
$89 / 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
$32,988
Tax year 2023
Assessed value
$849,460
Assessed 2023
Previous assessed
$849,460
+0.0% YoY
Effective rate
3.88%
On assessed value
Assessed land
$18,450
Assessed improvement
$831,010
Land market value
$52,700
Improvement market value
$2,374,300
Total market value
$2,427,000
Applied tax rate
20.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
NONE
Stories
8
Units
1
Bathrooms
142
Total area
97,133 SF
Lot
0.18 ac (7,802 SF)
APN
02-81689
UPID
US66-1322897
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.6M
RESTAURANT
Est. value
$11.0M
AUTO REPAIR, GARAGE
Est. value
$10.3M
RETAIL STORES
Est. value
$8.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$5.8M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
8
Units
1
Bathrooms
142
Lot
0.18 ac
Current owner
From public records · entity-resolved
Turner Tower LLC
Entity
Mailing address
PO BOX 90708, CAMDEN, NJ 08101-0700
Ownership since
2022
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
Jan 30, 2025
—
Turner Tower LLC
—
Deed
related
$2,068,000 · Berkadia Commercial Mortgage LLC
Aug 3, 2022
—
Turner Tower LLC
Stark Metropolitan Housing Authorit
Quit Claim Deed
related
$6,955,029 · Us Bank NA
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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