4695 Dressler RdCanton, OH 44718

  • Retail properties
  • 13,104 SF
For Lease
$15/SF/YR View listing

Property Details for 4695 Dressler Rd

Year built
1986
Construction
BRICK
Lot size
3.09 AC
Property size (Sq ft)
13,104 SF
Property type
Retail properties
Property subtype
Community centers
APN
16-15800
APU
1615800

Description

This exceptional retail property, located at 4695 Dressler Rd NW in Canton, Ohio, presents a unique investment opportunity. The property consists of two single-story buildings totaling 61,759 square feet, situated on a 3.09-acre lot (134,660 square feet). Currently, there is 4,406 square feet of vacant space available, divisible into units as small as 1,875 square feet, with a maximum contiguous space of 4,406 square feet. The property is classified as Class B and was built in 1986. Ample parking is provided for tenants and customers. The zoning designation is JAC-B3, within Stark County. This neighborhood center offers high visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's location in Canton, Ohio, provides access to a strong local market and convenient access to major transportation routes. This is a rare opportunity to secure a well-located retail space in a thriving community. The property's size and flexibility make it suitable for a range of retail concepts. Serious inquiries are encouraged to explore this promising investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,663,359
    6.5%
    $3,381,562
    7%
    $3,140,022
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,088,885
    Geo Method
    $3,088,885
  • Alternative Use

    Use
    Valuation
    Residential
    $2,852,474
    Hospitality
    $2,612,851
    Educational
    $2,173,862
    Medical
    $2,248,624
    Retail
    $3,381,562
4695 Dressler Rd, Canton, Ohio

Location Insight

City
Canton
County
Stark
State
Ohio
Latitude
40.8491
Longitude
-81.4354
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
$63,091
$442,260
$641,690
$1,083,950
-
$1,263,600
$1,833,400
$3,097,000

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