Retail Business Development
For Sale
$735,000
365 East Hines Hill Road, Hudson, OH 44236
Level, highly visible interchange site zoned Retail Business, suited for QSR or automotive uses near major retail anchors.
Property Size5,040 SF
Price / SF$145.83
Days on Market459
Property Features for 365 East Hines Hill Road
General Information
Standard status
Active
Size
5,040 SF
Property subtype
Retail
Listing Agency:
Hoff & Leigh
(216) 302-4338
Listed By:
Cole Kroneker · License #SAL.2024000334
(216) 302-4338
Source:
Hoffleigh
Added: May 1, 2025
Changed: Jul 10
Last Checked: Aug 1 at 2:15AM
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 Hoff & Leigh
Investment Insights
Based on property information with market context.
This offering is a 1.09-acre level commercial site at 365 East Hines Hill Road. The property is positioned for development along SR-8 and benefits from the visibility and approach created by its interchange location.
The site is located right on the Exit 15 interchange on SR-8, between I-271 and I-80. The property has reported high traffic counts of 63,490 VPD on SR-8 and 39,158 VPD on the intersecting segment of I-80. It sits on the north east side of the interchange coming from Hudson, placing it directly before the SR-8 on-ramp.
Zoned Retail Business, the location is described as well-suited for uses such as QSR, auto repair, gas station, car wash, motel/hotel, and restaurants before the on-ramp. The property also notes shared access with the same exit as Arhaus Furniture World HQ, Costco, Steinway Piano Gallery, Wendy’s, and other nearby businesses, which can be helpful for tenant trade area awareness and day-to-day convenience for customers arriving from the interchange.
The site is located right on the Exit 15 interchange on SR-8, between I-271 and I-80. The property has reported high traffic counts of 63,490 VPD on SR-8 and 39,158 VPD on the intersecting segment of I-80. It sits on the north east side of the interchange coming from Hudson, placing it directly before the SR-8 on-ramp.
Zoned Retail Business, the location is described as well-suited for uses such as QSR, auto repair, gas station, car wash, motel/hotel, and restaurants before the on-ramp. The property also notes shared access with the same exit as Arhaus Furniture World HQ, Costco, Steinway Piano Gallery, Wendy’s, and other nearby businesses, which can be helpful for tenant trade area awareness and day-to-day convenience for customers arriving from the interchange.
Key Highlights
- 1.09‑acre level site at the Exit 15 interchange on SR‑8 between I‑271 and I‑80
- Highly visible on SR‑8 with 63,490 VPD
- Zoned Retail Business
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.1k | $16.68 |
| − Vacancy | −$2.8k | −$0.55 |
| EGI | $81.3k | $16.13 |
| − OpEx | −$20.3k | −$4.03 |
| NOI | $61.0k | $12.10 |
5,040 SF · lease $16.68/SF/yr · vacancy 3.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$871.0K
$762.1K – $1.02M
NOI $60,970 @ 7.0% cap · market cap 8.30%
Second Best
Retail
$456.2K
$399.2K – $532.2K
NOI $31,932 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,580 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Level, highly visible interchange site zoned Retail Business, suited for QSR or automotive uses near major retail anchors.
Where is this commercial land located?
The property is located at 365 East Hines Hill Road Hudson, OH.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 1.09‑acre level site at the Exit 15 interchange on SR‑8 between I‑271 and I‑80; Highly visible on SR‑8 with 63,490 VPD; Zoned Retail Business
