8701 Port Jackson AveNorth Canton, OH 44720

  • Office properties
  • 22,656 SF
For Lease

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
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,308,653
    6.5%
    $3,977,218
    7%
    $3,693,131
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,119,242
    Geo Method
    $2,119,242
  • Alternative Use

    Use
    Valuation
    Residential
    $4,931,750
    Hospitality
    $4,517,457
    Educational
    $3,758,471
    Medical
    $3,887,731
    Retail
    $5,846,511
8701 Port Jackson Ave, North Canton, Ohio

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

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
$56,705
$122,710
$851,270
$973,980
-
$350,600
$2,432,200
$2,782,800

FAQs

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