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    Retail Business Development Site Title is generated by Realmo AI

    365 East Hines Hill Road, Hudson, OH 44236

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    For Sale
    $735,000

    Level, highly visible interchange site zoned Retail Business, suited for QSR or automotive uses near major retail anchors.

    Type:Retail
    Property size:
    5,040 SF
    Price / SF:
    $145/SF
    Added:
    May 1, 2025
    Days on Market:
    413
    Last Refresh:
    Jun 16 at 2:32 am

    Property Features for 365 East Hines Hill Road

    General Information

    Standard status
    Active
    Size
    5,040 SF
    Property subtype
    Retail

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    Listing Contact
    Cole Kroneker
    Cole Kroneker

    Listing agent Cole Kroneker License #SAL.2024000334

    Listing office Hoff & Leigh

    Listing date May 1, 2025

    Source Hoffleigh

    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

    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
    • High traffic counts include 39,158 VPD at the intersection of I‑80
    • Daytime population of 52,313 people within a 10‑minute drive time radius
    • Average household income of $101,234 within a 5‑mile radius

    Overview

    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.

    Local 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 (±1% cap)
    NOI $60,970 @ 7.0% cap · market cap 8.30%
    Second Best
    Retail
    $456.2K
    $399.2K – $532.2K (±1% cap)
    NOI $31,932 @ 7.0% cap · market cap 4.34%
    Theoretical Best
    Office A
    $1.24M
    $1.08M – $1.44M (±1% cap)
    NOI $86,580 @ 7.0% cap · market cap 11.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Auto Repair Shop Hotel & Motel Pharmacy Auto Parts Store Department Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Summit
    State
    Ohio
    Longitude
    -81.5010635
    Latitude
    41.2626366

    FAQs

    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
    More about this property
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