4792 Munson StCanton, OH 44718

Property Details for 4792 Munson St

Year built

1981

Construction

FRAME

Lot size

1.26 AC

Property size (Sq ft)

3,800 SF

Property type

Office properties

Property subtype

Other office properties

APN

16-21267

APU

1621267

Description

This 3,800 square foot, Class B office condo in Canton, Ohio, is a multi-tenant investment property located at 4792 Munson St NW, in the desirable Belden Village area of Jackson Township. The property, built in 1981 and zoned B-3, boasts a convenient location between Everhard and Dressler Roads, offering easy access to I-77. Currently 100% occupied by three tenants (Ameron Pole Products, LLC, Caplea & Variola Co., LPA, and DTI Products Worldwide), this ground-floor unit provides ample parking. The $500 monthly condo association dues cover snow plowing, landscaping, refuse removal, water, and common area maintenance. Recent renovations include new LED lighting in common areas, new restroom flooring and fixtures, and HVAC system upgrades. The property features approximately 800 square feet of net rentable space, with a price per square foot of $68.39. Real estate taxes are paid separately by the owners. Utilities are split between tenants (cable/internet/phone) and owners (gas/electric). Financial statements and rent rolls are available upon request. Showings require advance notice to avoid disturbing tenants. This is a turnkey investment opportunity in a thriving commercial area with no personal or corporate income tax.

• CAP approach

  CAP return

  Valuation

  6%

  $722,673

  6.5%

  $667,083

  7%

  $619,434

• Comparable approach

  Method

  Valuation

  Relative Method

  $355,452

  Geo Method

  $355,452

• Alternative Use

  Use

  Valuation

  Residential

  $827,183

  Hospitality

  $757,695

  Educational

  $630,393

  Medical

  $652,074

  Retail

  $980,612

Location Insight

City

Canton

County

Stark

State

Ohio

Latitude

40.8487

Longitude

-81.439

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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