3010 Whipple AveCanton, OH 44718

Property Details for 3010 Whipple Ave

Year built

1998

Construction

FRAME

Lot size

1.90 AC

Property size (Sq ft)

13,788 SF

Property type

Retail properties

Property subtype

Retail space

APN

52-18148

APU

5218148

Description

This 13,788 square foot vacant retail building, built in 1998, is situated on a 1.9-acre lot in Canton, Ohio (APN 5218148). Previously a Rite Aid, this property boasts a prime location at the high-traffic corner of Whipple Ave NW and Hills & Dales Rd, offering excellent visibility and accessibility. The building features a convenient 8-foot delivery door and three drive-thru lanes, making it ideal for a variety of retail uses, including pharmacy, quick-service restaurant (QSR), or storefront operations. Ample parking is available with 82 spaces, and the potential exists to add more. The property is zoned B2 and offers ingress/egress from three roads. The asking price is $2,500,000 ($181.32/SF). The seller is open to dividing the space to accommodate multiple tenants. This is a unique opportunity to acquire a well-located, versatile retail property with significant potential. The single-story building is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $3,854,578

  6.5%

  $3,558,072

  7%

  $3,303,924

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,250,118

  Geo Method

  $3,250,118

• Alternative Use

  Use

  Valuation

  Residential

  $3,001,367

  Hospitality

  $2,749,236

  Educational

  $2,287,332

  Medical

  $2,365,997

  Retail

  $3,558,072

Location Insight

City

Canton

County

Stark

State

Ohio

Latitude

40.8335

Longitude

-81.4234

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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