950 Valley StMinerva, OH 44657

Property Details for 950 Valley St

Year built

1984

Construction

CONCRETE BLOCKS

Lot size

1.54 AC

Property size (Sq ft)

8,784 SF

Property type

Retail properties

Property subtype

Retail space

APN

08-0001000.000

APU

80001000000

Description

This exceptional 10,975-square-foot single-tenant flex/warehouse space presents a unique investment opportunity in Carroll County. Situated on a generous 1.54-acre corner lot, this property offers significant versatility. Built in 1984, the building boasts a single story and is zoned B2, allowing for a wide range of retail and warehouse uses. The property's history includes operation as a Dollar General store, demonstrating its suitability for retail operations. The expansive lot size provides ample space for expansion, additional parking, or outdoor storage, significantly enhancing its potential. The building's 10,975 square feet of usable space provides ample room for various business needs. Its location on Valley Street offers excellent visibility and accessibility. The property's APN is 08-0001000.000. This is an ideal property for businesses seeking a flexible and strategically located space in a thriving Carroll County market. The single-building structure simplifies management and maintenance. This property offers a compelling combination of size, location, and zoning flexibility, making it an attractive option for a variety of commercial enterprises. Don't miss this chance to acquire a well-positioned asset with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $2,455,658

  6.5%

  $2,266,762

  7%

  $2,104,850

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,070,572

  Geo Method

  $2,070,572

• Alternative Use

  Use

  Valuation

  Residential

  $1,912,098

  Hospitality

  $1,751,472

  Educational

  $1,457,204

  Medical

  $1,507,319

  Retail

  $2,266,762

Location Insight

City

Minerva

County

Carroll

State

Ohio

Latitude

40.7194

Longitude

-81.1123

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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