Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1051 Campus Dr Stow, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Easily accessible single-story office space with free parking.

    Type:OFFICE
    Property size:
    12,000 SF
    Lot size:
    2.08 Acres
    Added:
    Apr 5, 2023
    Days on Market:
    1122
    Last Refresh:
    Apr 5 at 10:04 pm

    Property Features for 1051 Campus Dr

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Lot size
    2.08 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 1051 Campus Dr Contact us

    We can help!

    Listing Contact
    Sam Schulze
    Sam Schulze

    Listing agent Sam Schulze

    Listing office Albrecht, Inc.

    Listing date Apr 5, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Albrecht, Inc.

    Overview

    Accessible Single-Story Office Space

    This single-story office space is situated in a park-like setting and offers convenient access to State Route 8 via two interchanges at Steels Corners and Seasons Road. Its location provides quick and easy connectivity to I-77, I-80 (Turnpike), and I-76. The property features free surface-level parking. The property has a size of 12000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stow
    County
    Summit
    State
    Ohio
    Longitude
    -81.4621
    Latitude
    41.1939

    Nearby Similar for Lease

    • $14 SF/Yr

      Former Nursing Home Facility Available

      Two buildings totaling 11,848 SF on 2.11 acres.
      3625 Marsh Rd, Stow, OH
      View Details
    • $10 SF/Yr

      Modernized Office Building in Stow

      Class A office space in prime Stow business corridor location.
      4500 Courthouse Boulevard, Stow, OH 44224
      View Details
    • $8 SF/Yr

      Stow Office Space Available

      1,700 SF office space in Stow near State Routes.
      3751 Fishcreek Road, Stow, OH 44224
      View Details
    • $14 SF/Yr

      Stow Office Condominium For Rent

      1,398 SF office condo in Stow, near Route 8.
      3916 Clockpointe Trail, Suite 103, Stow, OH 44224
      View Details
    • $14 SF/Yr

      Stow Office Condominium For Rent

      1,398 SF office condo near Route 8 in Stow.
      3916 Clockpointe Trail, Suite 103, Stow, OH 44224
      View Details
    • $11 SF/Yr

      Stow Professional Center Office Space

      Multi-tenant medical and office campus on Darrow Road (SR-91).
      4472-4508 Darrow Road, Stow, OH 44224
      View Details
    • $11 SF/Yr

      Stow Lower Level Office Suite

      2,099 SF office suite in a professional Stow complex.
      3924 Clockpointe Trail Suite 107, Stow, OH 44224
      View Details
    • $14 SF/Yr

      Stow Office Condo For Rent

      Ground-level, 1,082 SF office condo in Stow, Ohio.
      3918 Clock Pointe Trail, Suite 101, Stow, OH 44224
      View Details
    • Contact for pricing

      Accessible Flex and Office Space

      Single-story flex and office space with easy highway access.
      1000-1100 & 1051-1151 Campus Drive, Stow, OH 44224
      View Details
    • $12 SF/Yr

      Move-in Ready Office Space

      Private office space for lease in Stow, OH.
      4833 Darrow Rd, Stow, OH
      View Details
    • Contact for pricing

      Stow Hudson Towne Centre Retail

      Grocery-anchored retail center at the Stow/Hudson border.
      1664-1672 Norton Road, Stow, OH 44224
      View Details
    • $350/Mo

      Medical/Dental Space Available

      Partially built-out medical/dental space with plumbing and multiple rooms.
      4494-4508 Darrow Rd, Stow, OH
      View Details

    FAQs

    What type of property is this?
    Office units - Easily accessible single-story office space with free parking.
    Where is this office units located?
    The property is located at 1051 Campus Dr Stow, OH.
    What are key features of this property?
    This property features: Great location with easy access to State Route 8, I‑77, I‑80 (Turnpike), and I‑76.; Single‑story office space.; Free surface‑level parking.
    (330) 344-9130 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Sam Schulze
    Sam Schulze
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!