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Flex Space with Loading Docks
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1100 Terex Rd, Hudson, OH 44236

Flex space with office and warehouse/receiving, loading docks/garage spaces, and an on-site backup generator.

Property Size40,000 SF
Lot Size13.00 Acres
Price / SF$77.50
Days on Market593

Property Features for 1100 Terex Rd

General Information

Standard status Active
Size 40,000 SF
Lot size 13.00 Acres
Property subtype OFFICE

Warehouse & Industrial

Warehouse Space 5,000 SF
Office Build-Out 35,000 SF
Dock-High Doors 4

Additional Details

Furnished Yes
Asking Price $3,100,000

Amenities

lunchroom
conference room
board room
backup generator
monument signage

Building Details

Buildings 1
Stories 1
Building Size 40,000 SF
Listing Agency: Colliers | Cleveland
Listed By: Russell Rogers, SIOR
Source: Moodyscre
Added: Mar 20, 2025 Changed: Oct 25 Last Checked: Nov 1 at 6:17AM

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 Colliers | Cleveland

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex space features approximately 40,000 SF of combined office and warehouse/receiving space on a 13-acre site, with one floor and a partial second-level mezzanine. The interior includes about 35,000 SF of office space plus about 5,000 SF of warehouse/receiving area.

Operational support includes four loading docks or garage spaces and 100+ surface parking spaces. Work and collaboration space is built out with a large lunchroom, conference room, board room, multiple private offices, and an open work area.

The property also includes an on-site backup generator and monument signage available at Terex Road. It is identified as Parcel # 3006947 and is described as fully furnished and available for use at 1100 Terex Rd, Hudson, OH 44236.

Key Highlights

  • Approximately 40,000 SF flex building on 13 acres in Hudson, OH
  • About 35,000 SF office space plus about 5,000 SF warehouse/receiving
  • Partial second‑level mezzanine with one‑floor layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$192,523
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,850,460 $3.9M
Cap Rate 7%
$2,750,329 $2.8M
Cap Rate 9%
$2,139,144 $2.1M
Market Conditions
NOI Build-Up for 40,000 SF
Gross rent
$235.2K $5.88/SF
− Vacancy
−$8.7K −$0.22/SF
EGI
$226.5K $5.66/SF
− OpEx
−$34.0K −$0.85/SF
NOI
$192.5K $4.81/SF
Area
Summit County, OH
Vacancy
3.70%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,850,460
Cap Rate 7%
$2,750,329
Cap Rate 9%
$2,139,144

Alternative Uses

Best Use
Office B
$6.76M
$5.91M – $7.88M (±1% cap)
NOI $473,083 @ 7.0% cap · market cap 15.26%
Second Best
Warehouse
$2.75M
$2.41M – $3.21M (±1% cap)
NOI $192,523 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$9.82M
$8.59M – $11.45M (±1% cap)
NOI $687,145 @ 7.0% cap · market cap 22.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wolters Kluwer Production Facility

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Restaurant Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Dock-high doors

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44236, OH

26,216
Population
9,388
Households
2.8
Avg Household Size
44
Median Age
74%
College-Educated
98%
High-School Grad
32.0 sq mi
ZIP Area
819
Density / Sq Mi
$168,973
Median Household Income
$78,336
Median Earnings
$2,205
Median Rent
$436,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flex space with office and warehouse/receiving, loading docks/garage spaces, and an on-site backup generator.
Where is this flex space located?
The property is located at 1100 Terex Rd Hudson, OH.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Approximately 40,000 SF flex building on 13 acres in Hudson, OH; About 35,000 SF office space plus about 5,000 SF warehouse/receiving; Partial second‑level mezzanine with one‑floor layout
(216) 780-6550 Call to check price and availability
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