7079 Whipple NW Ave North Canton, OH 44720-7133
This exceptional investment opportunity presents a 4,477 square foot auto shop situated on a 2.75-acre lot in North Canton, Ohio. The property, located at 7079 Whipple Ave NW, boasts a Class C building constructed in 1997 and currently leased for $6,000 per month, generating a strong return on investment. The asking price is $1,250,000, translating to $279.20 per square foot. The property is zoned I1, permitting a wide range of industrial and commercial uses, offering significant flexibility for future development or continued operation as an auto shop. Its prime location in Stark County provides easy access to major transportation routes, enhancing logistical efficiency. This multi-tenant property represents a secure and profitable venture for investors seeking a stable income stream and potential for appreciation in a thriving industrial area. The ample lot size allows for potential expansion or future development. This is a rare opportunity to acquire a well-located, income-producing industrial property in a desirable Ohio market. The property's APN is 1621738. This is a net lease investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.