8701 Port Jackson AveNorth Canton, OH 44720

Property Details for 8701 Port Jackson Ave

Year built

2018

Construction

BRICK

Lot size

3.46 AC

Property size (Sq ft)

22,656 SF

Property type

Office properties

APN

10-010345

APU

10010345

Description

This exceptional 25,000-square-foot commercial property, located at 8701 Port Jackson Ave NW in North Canton, Ohio, presents a unique investment opportunity. The single-tenant building, constructed in 2018, boasts a modern design featuring a structural steel frame with masonry, glass exterior, and brick fascia. Classified as a Class B property, it sits on a generous 3.455-acre lot (APN 10010345) in Stark County, offering ample space and potential for expansion or future development. The building is a single-story structure, providing convenient access and functionality. Its location in the desirable North Canton area, zip code 44720, ensures high visibility and accessibility for businesses. The property is ideal for a variety of uses, including office and retail spaces, making it a versatile option for discerning investors seeking a well-maintained and strategically located asset in a thriving Ohio market. The property's single-tenant occupancy simplifies management and provides a stable income stream. This is a rare opportunity to acquire a substantial, well-maintained commercial property in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,883,140

  6.5%

  $4,507,510

  7%

  $4,185,550

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,119,240

  Geo Method

  $2,119,240

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,259,290

  Retail / Commercial

  $4,672,740

  Mixed-Use / Specialty

  $4,596,690

  Hospitality / Lodging

  $3,295,110

  Institutional / Educational

  $4,757,470

  Residential Income

  $5,566,240

  Multifamily

  $7,005,140

  Automotive / Energy

  $4,077,840

  Parking / Income-Based Land

  $1,465,890

  Restaurant / Food Service

  $2,264,010

  Healthcare / Senior Housing

  $4,774,730

Location Insight

City

North Canton

County

Stark

State

Ohio

Latitude

40.9068

Longitude

-81.4469

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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