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Property profile & analytics
FOR LEASE
Industrial properties
8050 Freedom Ave Northwest North Canton, OH 44720
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2633196
For Lease
1 / 5
$10 SF/Yr
8050 Freedom Ave Northwest, North Canton, OH 44720
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Construction
BRICK
Total area
82,421 SF
Lot
7.14 ac (311,018 SF)
APN
16-28308
UPID
US66-2633196
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
$7.61M
CAP Approach
CAP
$4.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.12M
Owner & transaction history
Saint Paul Properties Fund Xii LLC · 1 yrs held
Saint Paul Properties Fund Xii LLC
since 2025
Last sale
$8.6M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.4M
+293.1%
Auto repair, garage
$8.7M
+267.5%
Retail stores
$7.1M
+199.2%
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 North Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$6,500,000
ML approach
$7,610,000
CAP Approach
CAP Return
Estimation
6%
$4,640,000
6.5%
$4,285,000
7%
$3,980,000
Alternative Use
Use
Estimation
RESTAURANT
$9,350,000
Change: +293% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,740,000
Change: +267% · Conversion: Easy
RETAIL STORES
$7,115,000
Change: +199% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$7,070,000
Change: +197% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,020,000
Change: +195% · Conversion: Difficult
OFFICE BUILDING
$6,690,000
Change: +181% · Conversion: Difficult
Blend value · Realmo final
$7.12M
Range $6.41M – $7.83M · ±10% · vs last sale $8.60M (Sep 30 2022)
Last sale anchor
$8.60M
Sep 30 2022
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
$86 / 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
$58,390
Tax year 2023
Assessed value
$1,001,950
Assessed 2023
Previous assessed
$1,102,510
-9.1% YoY
Effective rate
5.83%
On assessed value
Assessed land
$441,250
Assessed improvement
$560,700
Land market value
$1,260,700
Improvement market value
$1,602,000
Total market value
$2,862,700
Applied tax rate
130.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1967
Construction
BRICK
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
9
Total area
82,421 SF
Lot
7.14 ac (311,018 SF)
APN
16-28308
UPID
US66-2633196
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
RESTAURANT
Est. value
$9.4M
AUTO REPAIR, GARAGE
Est. value
$8.7M
RETAIL STORES
Est. value
$7.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$7.0M
OFFICE BUILDING
Est. value
$6.7M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1967
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
9
Lot
7.14 ac
Current owner
From public records · entity-resolved
Saint Paul Properties Fund Xii LLC
Entity
Mailing address
845 MINNEHAHA AVE E, SAINT PAUL, MN 55106-4530
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
Saint Paul Properties Fund Xii LLC
Saint Paul Properties Fund Xii LLC
Quitclaim Deed
related
—
Sep 30, 2022
$8,600,000
Saint Paul Properties Fund Xii LLC
One Haines Company LLC
Limited Warranty Deed
$5,590,000 · North American Banking Co
Apr 12, 2018
$3,000,000
One Haines Company LLC
8050f LLC
Limited Warranty Deed
$3,420,000 · First National Bank Of Pennsylvania
Feb 10, 2014
—
8050f LLC
Haines,william K JR
Warranty Deed
—
May 23, 2012
—
William K Haines JR.
—
Deed Of Trust
related
$1,500,000 · Consumers National Bank
—
—
One Haines Co LLC
—
Deed Of Trust
related
$3,420,000 · First Nat'l Bk/pa
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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