7266 Portage StMassillon, OH 44646

Property Details for 7266 Portage St

Year built

2015

Construction

BRICK

Lot size

1.18 AC

Property size (Sq ft)

9,300 SF

Property type

Office properties

Property subtype

Other office properties

APN

10-006006

APU

10006006

Description

This exceptional 2,450-square-foot Class A office suite is available for lease in Massillon, Ohio. Located at 7266 Portage St NW, near Lorraine Ave NW, this single-tenant space is part of a larger 9,300-square-foot building constructed in 2015. The property sits on a 1.18-acre lot and features upscale finishes, originally designed for a law firm. The building is a single-story structure with B1 zoning and APN 10006006. Tenants are responsible for rent, utilities, and a prorated share of lawn and snow removal. Landlord responsibilities include taxes and insurance. This prime location offers convenient access, situated just five miles south of the Canton-Akron Airport (CAK) and within close proximity to a variety of restaurants and shopping options. The property is ideal for businesses seeking a modern, well-appointed space in a desirable location. This is a fantastic opportunity to secure a high-quality office space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,768,647

  6.5%

  $1,632,598

  7%

  $1,515,983

• Comparable approach

  Method

  Valuation

  Relative Method

  $869,922

  Geo Method

  $869,922

• Alternative Use

  Use

  Valuation

  Residential

  $2,024,421

  Hospitality

  $1,854,359

  Educational

  $1,542,805

  Medical

  $1,595,864

  Retail

  $2,399,918

Location Insight

City

Massillon

County

Stark

State

Ohio

Latitude

40.8787

Longitude

-81.4847

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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