5590 Lauby RdNorth Canton, OH 44720

Property Details for 5590 Lauby Rd

Year built

1987

Property size (Sq ft)

33,740 SF

Property type

Office properties

Property subtype

Office buildings

APN

28-09408

APU

2809408

Description

This exceptional North Canton, Ohio property at 5590 Lauby Rd offers 12,870 square feet of flexible office space, currently fully vacant and ready for immediate occupancy. The single-story, Class B building, constructed in 1987, sits on a one-acre lot (43,560 square feet) and is zoned B-5. The property features five dock-high doors, ideal for businesses requiring efficient loading and unloading. Multiple tenancy options are available, with a minimum divisible space of 2,870 square feet and a maximum contiguous space of 10,000 square feet. The building is divided into two suites, providing flexibility for various business needs. Located in Summit County, Ohio, with easy access via Lauby Rd and a convenient 44720 zip code, this property presents a unique opportunity for businesses seeking a well-located and adaptable office space. The property's combination of ample space, convenient features, and strategic location makes it an attractive option for a variety of businesses. This is a rare opportunity to lease a fully vacant, well-maintained office building in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,416,576

  6.5%

  $5,922,994

  7%

  $5,499,922

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,156,040

  Geo Method

  $3,156,040

• Alternative Use

  Use

  Valuation

  Residential

  $7,344,512

  Hospitality

  $6,727,534

  Educational

  $5,597,229

  Medical

  $5,789,726

  Retail

  $8,706,801

Location Insight

City

North Canton

County

Summit

State

Ohio

Latitude

40.9102

Longitude

-81.4315

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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