8531 Cleveland Ave North Canton, OH 44720
This exceptional commercial land offering presents a rare opportunity in North Canton, Ohio. Comprising two parcels totaling 4.5 acres, this property boasts a prime location with excellent visibility and accessibility. The parcels are individually available for sale at $575,000 each, totaling $1,150,000 for both. Parcel 2015154 encompasses 2.39 acres with approximately 215 feet of frontage on Cleveland Avenue NW and a depth of 479 feet. Parcel 2015152 comprises 2.11 acres, featuring approximately 182 feet of frontage and a depth of 470 feet. Both parcels are zoned C2 - General Commercial, allowing for a wide range of development possibilities, including liquor sales. The combined frontage on Cleveland Avenue NW measures 397 feet, with a total depth of 489 feet. Strategically located just two miles from I-77, this property offers unparalleled convenience and exposure to a high volume of traffic. This is an ideal investment for developers seeking a high-impact location in a thriving market. The property's location in Stark County, Ohio, and its proximity to major transportation routes make it an attractive proposition for businesses seeking a strong foothold in the area. The combined APN for both parcels is 2015154 and 2015152. This is a unique opportunity to acquire a substantial commercial land holding in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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