5200 Stoneham RdNorth Canton, OH 44720

  • Office properties
  • 42,840 SF
For Lease
$8/SF/YR View listing

Property Details for 5200 Stoneham Rd

Year built
1993
Lot size
6.17 AC
Property size (Sq ft)
42,840 SF
Property type
Office properties
Property subtype
Office buildings
APN
29-00200
APU
2900200

Description

This exceptional Class A office building, located at 5200 Stoneham Rd in North Canton, Ohio, presents a unique opportunity for businesses seeking expansive, modern workspace. The single-story, 36,564 square foot building sits on a generous 6.17-acre lot and boasts ample parking with 295 spaces. Constructed in 1993, the property is currently entirely vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The building's I-1 zoning provides flexibility for a variety of professional uses. The property features a total of 36,564 square feet of leasable space, all available for immediate lease. Its convenient location in North Canton, Ohio, zip code 44720, offers easy access to major transportation routes and amenities. The property's APN is 2900200. This is an ideal opportunity to establish a prominent presence in a thriving business community. The building's single-story design provides efficient and accessible floor plans. With its substantial size and prime location, this property is well-suited for a variety of businesses seeking a high-quality, readily available office space. The ample parking ensures convenient access for employees and clients alike. Don't miss this chance to secure this exceptional office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,147,188
    6.5%
    $7,520,482
    7%
    $6,983,304
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,007,254
    Geo Method
    $4,007,254
  • Alternative Use

    Use
    Valuation
    Residential
    $9,325,397
    Hospitality
    $8,542,014
    Educational
    $7,106,855
    Medical
    $7,351,270
    Retail
    $11,055,108
5200 Stoneham Rd, North Canton, Ohio

Location Insight

City
North Canton
County
Summit
State
Ohio
Latitude
40.9104
Longitude
-81.4222
CBSA code
10420
CBSA name
AKRON, 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
$51,272
$178,160
$1,075,860
$1,254,020
-
$509,030
$3,073,880
$3,582,910

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