Technical
Financial
Distress signals
Property profile

715 2Nd St Southeast Canton, OH 44707

FOR LEASE
Warehouses
Property ID
US66-2289267
18,624 SF 0.18 ac lot Built 1915
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 18,624-square-foot warehouse, situated in downtown Canton, Ohio, presents a unique investment opportunity. Built in 1915, this two-story Class C industrial building sits on a 0.258-acre lot and is zoned I-1. The property features a single-tenant occupancy and boasts impressive features ideal for a variety of uses. Access is provided by one 12' x 12' overhead door and one 10' x 9' overhead door, complemented by removable interior docks. Heavy lifting is facilitated by a 20-ton crane. Clear heights are substantial, measuring 26 feet on the ground floor, 14 feet under the hook on the upper levels, and 11 feet in the basement. The second floor, easily adaptable for office space, is conveniently served by a freight elevator connecting all levels. The property's unique history and substantial size make it an attractive option for businesses seeking a distinctive industrial space in a vibrant urban setting. The Stark County location offers convenient access to transportation routes and local amenities. Property APN numbers are 242247 and 242252. There are no designated parking spaces on the property.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1915
Construction FRAME
Total area 18,624 SF
Lot 0.18 ac (7,802 SF)
APN 02-42252
UPID US66-2289267

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
  • Charitable Organization Social Service Agency

Location

715 2Nd St Southeast Canton, OH 44707
Canton metro Census 701800 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2004
1 recorded transaction
2004
$40,000

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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