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

    5555 Darrow Rd Hudson, OH 44236

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5 SF/Yr

    1,400,000 SF industrial space suitable for various business uses.

    Property size:
    1,400,000 SF
    Lot size:
    1,400,000 SF

    Property Features for 5555 Darrow Rd

    General Information

    Standard status
    Active
    Size
    1,400,000 SF

    We can help!

    Listing Contact
    Jenna Gauntner
    Source: Cbre

    Listing Agent: Jenna Gauntner

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

    Learn more

    Property Insight Report

    Overview

    Northeast Ohio Industrial Leasing Opportunity

    This premier industrial property in Northeast Ohio offers a substantial leasing opportunity. The property encompasses 1,400,000 square feet and is suitable for a range of uses, including corporate headquarters, distribution, production, research and development, and light manufacturing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JOANN Fabric and Crafts ... (Bike/Boat/Book/etc) Store SemaConnect Charging Station Electric Vehicle Charging Station Blink Charging Station Electric Vehicle Charging Station FedEx Drop Box Postal Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Summit
    State
    Ohio
    Longitude
    -81.440367
    Latitude
    41.217508

    Nearby Similar for Lease

    • $4,583 /Mo
      841,361 SF

      Hudson Office Space For Lease

      Second-floor office space with multiple offices, conference rooms, and amenities.
      6395 Chittenden Rd, Hudson, OH 44236
      View Details
    • $9,167 /Mo
      218,671 SF

      Hudson Office Building For Lease

      2,500-10,000 SF office space in Hudson's South Park.
      1920 Georgetown Rd, Hudson, OH 44236
      View Details
    • $180 SF/Yr
      127,065 SF

      Hudson Office Space For Rent

      Versatile office spaces in Hudson with flexible lease terms.
      75-77 Milford Dr, Hudson, OH 44236
      View Details
    • Contact for pricing

      Hudson Acme Plaza Retail Space

      Retail space in high-income area anchored by Acme Fresh Market.
      118 W Streetsboro Rd, Hudson, OH 44236
      View Details
    • Contact for pricing

      Industrial Property in Hudson, Ohio

      Industrial property with docks and drive-in doors, near SR 8.
      5600 Hudson Industrial Pkwy, Hudson, OH 44236
      View Details
    • $14 SF/Yr
      1,896 SF

      Well-Designed Office Space Available

      Office space for rent with plentiful parking and upgraded finishes.
      5601-5611 Hudson Dr, Hudson, OH 44236
      View Details
    • Contact for pricing
      2,277 SF

      Retail Space in Hudson, OH

      2,277 SF retail space in Hudson, OH for lease.
      5 Atterbury Blvd, Hudson, OH 44236
      View Details
    • Contact for pricing

      Hudson Industrial Space For Lease

      Functional industrial space near major highways, ideal for various operations.
      1217-1227 Norton Rd, Hudson, OH 44224
      View Details
    • Contact for pricing
      4,949 SF

      Suburban Office Space Available

      Single-story office suites with natural light and convenient location.
      85-115 Executive Pkwy, Hudson, OH 44236
      View Details
    • Contact for pricing
      3,855 SF

      Suburban Office Space Available

      Single-story office suites with natural light, convenient location.
      105 Executive Pkwy, Hudson, OH 44236
      View Details
    • Contact for pricing
      11,210 SF

      Hudson Retail Space For Lease

      Retail space in Hudson Acme Plaza anchored by Acme Fresh Market.
      118 W Streetsboro St, Hudson, OH 44236
      View Details
    • Contact for pricing
      3,073 SF

      Retail Space in Hudson Plaza

      Retail space available in Hudson Acme Plaza.
      118-178 W Streetsboro St, Hudson, OH 44236
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 1,400,000 SF industrial space suitable for various business uses.
    Where is this manufacturing property located?
    The property is located at 5555 Darrow Rd Hudson, OH.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Premier Industrial Leasing Opportunity; - Suitable for Corporate HQ; - Suitable for Distribution
    (440) 669-1114
    Request Owner's contact information
    5555 Darrow Rd Hudson, OH 44236
    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.
    5555 Darrow Rd
    Hudson, OH 44236
    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
    5555 Darrow Rd Hudson, OH 44236
    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

    We can help!
    Listing Contact
    Jenna Gauntner
    (440) 669-1114 (216) 363-6450
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!