4510 Erie AveNavarre, OH 44662

  • Retail properties
  • 6,400 SF
For Lease
$1.80/SF/YR View listing

Property Details for 4510 Erie Ave

Year built
1978
Construction
BRICK
Lot size
5.07 AC
Property size (Sq ft)
6,400 SF
Property type
Retail properties
Property subtype
Auto shops
APN
09-00007
APU
900007

Description

This exceptional Navarre property offers 13,422 square feet of combined retail and warehouse space for lease, ideally situated on Erie Street South. The property boasts three buildings totaling 13,422 square feet, with 3,060 square feet currently vacant, presenting a unique opportunity for expansion or multi-tenant occupancy. The flexible layout, encompassing warehouse and showroom components, caters to a wide range of business needs. The expansive 5.07-acre lot provides ample space for loading, parking, and future development. Built in 1978, the buildings feature three convenient drive-in doors, enhancing operational efficiency. The property benefits from excellent street exposure and high visibility along Erie Street South, a key location near the high-traffic intersection of Routes 21 and 30, ensuring significant foot and vehicle traffic. The Mas I-1 zoning allows for diverse commercial uses. The property's 304-foot frontage maximizes visibility and accessibility. This is an exceptional opportunity to establish or expand your business in a thriving retail and industrial area. The property's APN is 900007. No elevators are present on the property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,789,186
    6.5%
    $1,651,557
    7%
    $1,533,588
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,508,613
    Geo Method
    $1,508,613
  • Alternative Use

    Use
    Valuation
    Residential
    $1,393,150
    Hospitality
    $1,276,118
    Educational
    $1,061,715
    Medical
    $1,098,229
    Retail
    $1,651,557
4510 Erie Ave, Navarre, Ohio

Location Insight

City
Navarre
County
Stark
State
Ohio
Latitude
40.7431
Longitude
-81.5156
CBSA code
15940
CBSA name
CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,509
$67,130
$474,880
$542,010
-
$191,800
$1,356,800
$1,548,600

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