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

    1217 Norton Rd # 1227 Hudson, OH 44236

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

    Warehouse and distribution suites available with convenient highway access.

    Type:Industrial
    Property size:
    40,000 SF
    Added:
    Apr 1, 2026
    Days on Market:
    22
    Last Refresh:
    Apr 1 at 11:45 am

    Property Features for 1217 Norton Rd # 1227

    General Information

    Standard status
    Active
    Size
    40,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1979

    Spaces For Lease

    at 1217 Norton Rd # 1227 Contact us

    We can help!

    Listing Contact
    Joseph Hauman, CCIM

    Listing agent Joseph Hauman, CCIM

    Listing office

    Listing date Apr 1, 2026

    Source Naiglobal

    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 Joseph Hauman, CCIM

    Overview

    Warehouse/Distribution Space For Lease

    This commercial real estate offers warehouse and distribution space, with available areas ranging from 5,000 square feet to 40,000 square feet. The suites can be configured to accommodate a variety of space needs. The property is centrally located between Cleveland and Akron, providing convenient access to State Route 8, State Route 91, and the Ohio Turnpike.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    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
    -81.450208
    Latitude
    41.204073

    Nearby Similar for Lease

    • Contact for pricing

      Hudson Office Space For Lease

      Second-floor office space with multiple offices, conference rooms, and amenities.
      6395 Chittenden Road, Hudson, OH 44236
      View Details
    • Contact for pricing

      Hudson Office Building For Lease

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

      Hudson Office Space For Rent

      Versatile office spaces in Hudson with flexible lease terms.
      75-77 Milford Drive, Hudson, OH 44236
      View Details
    • $14/mo

      Well-Designed Office Space Available

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

      Hudson Acme Plaza Retail Space

      Retail space in high-income area anchored by Acme Fresh Market.
      118 - 178 W. Streetsboro Rd, Hudson, OH 44236
      View Details
    • Contact for pricing

      Office Building or Daycare Facility

      Potential office building or daycare facility for rent.
      Executive Parkway, Hudson, OH, 44237
      View Details
    • Contact for pricing

      Industrial Property in Hudson, Ohio

      Industrial property with docks and drive-in doors, near SR 8.
      5600 Hudson Industrial Parkway, Hudson, OH 44236
      View Details
    • $5/mo

      Northeast Ohio Industrial Leasing Opportunity

      1,400,000 SF industrial space suitable for various business uses.
      5555 Darrow Road, Hudson, OH, 44236
      View Details
    • Contact for pricing

      Suburban Office Space Available

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

      Retail Space Anchored by Acme

      1,360 SF retail space in Hudson, Ohio available for lease.
      180 W Streetsboro St, Hudson, OH
      View Details
    • Contact for pricing

      Hudson Office Space For Rent

      6,126 SF ground-level office space with private offices.
      5700 Darrow Road, Hudson, OH, 44236
      View Details
    • Contact for pricing

      Furnished Office Space Available

      Furnished office space with private entrance and multiple amenities.
      561 Boston Mills, Hudson, OH
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse and distribution suites available with convenient highway access.
    Where is this warehouse located?
    The property is located at 1217 Norton Rd # 1227 Hudson, OH.
    What are key features of this property?
    This property features: Suites can be configured to accommodate a variety of space needs; **5,000 SF to 40,000 SF Available**; Centrally located between Cleveland and Akron
    (440) 591-3723
    We can help!
    Listing Contact
    Joseph Hauman, CCIM
    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!