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    Property profile & analytics

    825 Maple St Hartville, OH 44632-9684

    • Car washes
    • 2,550 SF
    • 1.29 lot acres
    OFF-MARKET
    Last Sale
    Sep 01, 2023
    $324,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1609184
    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

    • Go and Glow, LLC / Car Wash

    Property Details for 825 Maple St

    Year built
    1988
    Construction
    WOOD
    Lot size
    1.29 lot acres
    Property size
    2,550 SF
    Property type
    Car washes
    APN
    23-01036
    APU
    2301036

    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
    Hartville
    County
    Stark
    State
    Ohio
    Longitude
    -81.3446
    Latitude
    40.968
    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
    $6,899
    $40,850
    $72,870
    $113,720
    -
    $116,700
    $208,200
    $324,900

    Comparable in this City

    • Value Estimation by Request
      2,256 SF

      651 Maple St

      CAR WASH - SELF-SERVE • 2,256 SF
      651 Maple St, Hartville, OH 44632
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    • Value Estimation by Request
      0.10 Acres

      Cree SW Cir

      PARKING GARAGE, PARKING STRUCTURE • 0.10 Acres
      Cree SW Cir, Hartville, OH 44632
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    • Value Estimation by Request
      3,030 SF

      115 Kent NE Ave

      AUTO REPAIR, GARAGE • 3,030 SF
      115 Kent NE Ave, Hartville, OH 44632-9694
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    • Value Estimation by Request
      2,520 SF

      14768 Ravenna NE Ave

      PARKING GARAGE, PARKING STRUCTURE • 2,520 SF
      14768 Ravenna NE Ave, Hartville, OH 44632-9340
      View Details
    • Value Estimation by Request
      7,960 SF

      1208 Maple St

      AUTO REPAIR, GARAGE • 7,960 SF
      1208 Maple St, Hartville, OH 44632-8527
      View Details
    • Value Estimation by Request
      1,568 SF

      125 Maple St

      AUTO REPAIR, GARAGE • 1,568 SF
      125 Maple St, Hartville, OH 44632-9081
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Hartville Flex Building with Bays

      3,800 SF flex building with showroom and warehouse bays.
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      0.78 Acres

      Hartville Commercial Land - $279K

      Prime .78-acre lot, high traffic area.
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      Hartville Development Ground For Sale

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      Retail/Office Land in Hartville

      0.78 acre retail/office land in a high-traffic area.
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    • $300,000
      Pending

      Buildable Land Near Congress Lake

      3.95 acre buildable lot near Congress Lake Country Club.
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      Hartville Commercial Land - $1.05M

      Prime 2.97-acre commercial lot near Hartville Marketplace.
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    Similar Nearby for Lease

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      Edison Park Shopping Center Land

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      Hartville Retail Center - Prime Space

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      855-907 Maple St, Hartville, OH 44632
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      1,100 SF

      Retail Space in Hartville Center

      Retail space available in Hartville's primary retail corridor.
      839-847 W Maple St, Hartville, OH 44632
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    • $2,400 /Mo

      Hartville Marketplace Retail Suites

      Retail suites available within the iconic Hartville Marketplace & Flea Market.
      1289 Edison St NW, Hartville, OH 44632
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      130,680 SF

      Edison Park Shopping Center: Retail Space

      High-traffic retail center; multiple spaces available.
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      View Details
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    Hartville, OH 44632-9684
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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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