4450 Belden Village StCanton, OH 44718

  • Office properties
  • 143,371 SF
For Lease
$10/SF/YR View listing

Property Details for 4450 Belden Village St

Year built
1975
Construction
BRICK
Lot size
1.71 AC
Property size (Sq ft)
143,371 SF
Property type
Office properties
Property subtype
Other office properties
APN
16-08577
APU
1608577

Description

This exceptional commercial property, located at 4450 Belden Village St NW in Canton, Ohio (zip code 44718), offers a unique opportunity for multiple tenants. Situated on a 1.704-acre lot within the Glass Tower Plaza, this single-story, Class B building constructed in 1975 presents three distinct spaces ideal for retail or restaurant use. The largest space, totaling 8,880 square feet, is a former buffet restaurant and is divisible to accommodate smaller tenants. This space is available for $10.00 per square foot, NNN. A second space, perfect for a restaurant or diner, measures 5,002 square feet and includes a fully equipped kitchen, dining area, and restrooms. This space is offered at $14.00 per square foot, NNN. Finally, a 1,400 square foot space is available, suitable for retail or office use, at a rate of $15.00 per square foot, NNN. The property's APN is 1608581. This prime Canton location offers excellent visibility and accessibility, making it an attractive investment for businesses seeking a high-traffic area. The flexible space options cater to a variety of needs, presenting a rare opportunity to secure a prominent position in a thriving commercial center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,265,886
    6.5%
    $25,168,510
    7%
    $23,370,758
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,410,923
    Geo Method
    $13,410,923
  • Alternative Use

    Use
    Valuation
    Residential
    $31,208,952
    Hospitality
    $28,587,232
    Educational
    $23,784,242
    Medical
    $24,602,218
    Retail
    $36,997,708
4450 Belden Village St, Canton, Ohio

Location Insight

City
Canton
County
Stark
State
Ohio
Latitude
40.8556
Longitude
-81.4313
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
$85,350
$250,780
$1,216,570
$1,467,350
-
$716,500
$3,475,900
$4,192,400

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