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9652 Portage NW St Massillon, OH 44646-9074

OFF-MARKET Commercial real estate Google Maps
3.22 ac lot
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$305k
Range $275k – $336k (±10%)
Property ID US66-4077793

Property summary

AI-generated overview

This exceptional commercial property, located at 9652 - 9750 Portage St NW in Massillon, Ohio, presents a compelling investment opportunity. The 5.37-acre lot boasts a prime location at a signalized intersection within Jackson Township, ensuring high visibility and accessibility. The property includes a single-story, 7,079 square foot building currently occupied by three tenants under month-to-month leases. This presents a flexible situation for the new owner, allowing for immediate income generation or redevelopment potential. The property is zoned B-3, offering a range of development possibilities. The asking price is $780,000, translating to $110.19 per square foot. The seller is open to considering the sale of individual parcels separately, providing added flexibility for potential buyers. Please note that a cell tower easement on the property is not included in the sale. This property offers a unique blend of immediate income potential and significant long-term development upside, making it an ideal acquisition for savvy investors seeking a strong return on investment in a desirable Ohio location. The property's APN is 1629629, 1629628.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.22 ac (140,263 SF)
APN 16-29629
UPID US66-4077793

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2014
4 recorded transactions
2017
Price N/A
2014
$850,000
2004
Price N/A
1969
Price N/A

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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