Office/Warehouse Flex
3747 Fishcreek Rd Stow, OH 44224
3747 Fishcreek Rd, Stow, OH, 44224
Contact for pricing
For Sale
Contact for pricing
Two office and flex buildings on 4.55 acres provide single-tenant and multitenant space with recently replaced roofs.
Property Size21,738 SF
Lot Size4.55 Acres
Price / SF$75.90
Days on Market1393
Property Features for 3747 Fishcreek Rd
General Information
- Standard status
- Active
- Size
- 21,738 SF
- Lot size
- 4.55 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing agency
SVN Summit Commercial Real Estate Advisors
(234) 231-0229
Listed by
Graydon Fox · License #SAL2019006700
Source
Crexi
Added: Sep 29, 2022 Updated: Jul 22 at 12:06AM Checked: Jul 22 at 12:06AM
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 SVN Summit Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
The property includes a 9,540 SF single-tenant corporate office and a 12,198 SF multitenant office/warehouse flex building. The buildings total 21,738 SF and sit on 4.55 acres. The property is reported to be in good condition, with no outstanding improvements indicated, and both roofs were replaced in 2012.
The site is located in Stow, Ohio at the corner of Fishcreek Road and Greenlawn Drive, with proximity to State Routes 59 and 91.
This offering is presented as an investment opportunity, with a stated capitalization rate of 7.06% based on projected 2023 net operating income, excluding management fees and replacement reserves. An offering memorandum is available upon request.
The site is located in Stow, Ohio at the corner of Fishcreek Road and Greenlawn Drive, with proximity to State Routes 59 and 91.
This offering is presented as an investment opportunity, with a stated capitalization rate of 7.06% based on projected 2023 net operating income, excluding management fees and replacement reserves. An offering memorandum is available upon request.
Key Highlights
- 9,540 SF single‑tenant corporate office plus 12,198 SF multitenant office/warehouse flex building
- Buildings sit on 4.55 acres at the corner of Fishcreek Road and Greenlawn Drive in Stow, OH
- Both roofs were replaced in 2012
Local Financial Insights For Warehouse
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 | $127.8k | $5.88 |
| − Vacancy | −$4.7k | −$0.22 |
| EGI | $123.1k | $5.66 |
| − OpEx | −$18.5k | −$0.85 |
| NOI | $104.6k | $4.81 |
21,738 SF · lease $5.88/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.67M
$3.21M – $4.28M
NOI $257,097 @ 7.0% cap · market cap 15.58%
Second Best
Warehouse
$1.49M
$1.31M – $1.74M
NOI $104,627 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$5.33M
$4.67M – $6.22M
NOI $373,429 @ 7.0% cap · market cap 22.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two office and flex buildings on 4.55 acres provide single-tenant and multitenant space with recently replaced roofs.
Where is this flex space located?
The property is located at 3747 Fishcreek Rd Stow, OH.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 9,540 SF single‑tenant corporate office plus 12,198 SF multitenant office/warehouse flex building; Buildings sit on 4.55 acres at the corner of Fishcreek Road and Greenlawn Drive in Stow, OH; Both roofs were replaced in 2012
