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Property profile & analytics
OFF-MARKET
Estimated value
$2,055,000
Distribution centers
9239 Akcan NW Cir North Canton, OH 44720-4581
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1332434
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1996
Construction
BRICK
Total area
32,840 SF
Lot
3.49 ac (152,024 SF)
APN
20-14477
UPID
US66-1332434
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
$2.11M
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$2.06M
Owner & transaction history
Lll Investments IV LLC · 3 yrs held
Lll Investments IV LLC
since 2023
Last sale
$2.0M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.8M
+40.0%
Neighborhood: shopping center
$2.8M
+39.1%
Commercial (general)
$2.8M
+38.2%
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
$2,165,000
ML approach
$2,105,000
CAP Approach
CAP Return
Estimation
6%
$2,245,000
6.5%
$2,075,000
7%
$1,925,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,025,000
Current use
RETAIL STORES
$2,835,000
Change: +40% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,815,000
Change: +39% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,800,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$2,665,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$2.06M
Range $1.85M – $2.26M · ±10% · vs last sale $1.97M (Jan 4 2023)
Last sale anchor
$1.97M
Jan 4 2023
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
$63 / 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
$26,508
Tax year 2023
Assessed value
$371,150
Assessed 2023
Previous assessed
$491,060
-24.4% YoY
Effective rate
7.14%
On assessed value
Assessed land
$146,340
Assessed improvement
$224,810
Land market value
$418,100
Improvement market value
$642,300
Total market value
$1,060,400
Applied tax rate
170.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1996
Construction
BRICK
Heating
SPACE
Cooling
NONE
Stories
1
Units
1
Bathrooms
3
Total area
32,840 SF
Lot
3.49 ac (152,024 SF)
APN
20-14477
UPID
US66-1332434
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
WAREHOUSE, STORAGE Current
Est. value
$2.0M
RETAIL STORES
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE Current
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
1996
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
3.49 ac
Current owner
From public records · entity-resolved
Lll Investments IV LLC
Entity
Mailing address
7575 FREEDOM AVE NW, NORTH CANTON, OH 44720-6901
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2023
$1,970,000
Lll Investments IV LLC
Maury Wilson LLC
Warranty Deed
$1,576,000 · Pnc Bank NA
Dec 14, 2021
—
Maury Wilson LLC
William Allen Company INC
Warranty Deed
—
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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