Freestanding Former Bank
3793 Darrow Road Stow, OH 44224
For Sale
Contact for pricing
Freestanding former bank building totaling 4,185 SF on 1.24 acres.
Property Size4,185 SF
Lot Size1.24 Acres
Price / SF$328.55
Days on Market89
Property Features for 3793 Darrow Road
General Information
- Standard status
- Active
- Size
- 4,185 SF
- Lot size
- 1.24 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1967
Listing Agency:
CBRE - Cleveland
(216) 535-0188
Listed By:
Vince Mingo · License #OH 2019001372
Source:
Crexi
Added: Apr 27
Changed: Jul 23
Last Checked: Jul 23 at 6:14PM
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 CBRE - Cleveland
Investment Insights
Based on property information with market context.
The property is a freestanding former bank building with a total size of 4,185 SF. It is situated on 1.24 acres and is being offered for sale.
The building’s standalone configuration supports independent access and operations on its parcel at 3793 Darrow Road in Stow, Ohio.
This asset is best suited for buyers seeking an existing freestanding commercial structure originally developed for bank use, with space currently defined by the former banking facility layout.
The building’s standalone configuration supports independent access and operations on its parcel at 3793 Darrow Road in Stow, Ohio.
This asset is best suited for buyers seeking an existing freestanding commercial structure originally developed for bank use, with space currently defined by the former banking facility layout.
Key Highlights
- Freestanding former bank building totaling 4,185 SF
- Located on 1.24 acres
- Built in 1967
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 | $69.8k | $16.68 |
| − Vacancy | −$2.3k | −$0.55 |
| EGI | $67.5k | $16.13 |
| − OpEx | −$16.9k | −$4.03 |
| NOI | $50.6k | $12.10 |
4,185 SF · lease $16.68/SF/yr · vacancy 3.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$723.2K
$632.8K – $843.8K
NOI $50,627 @ 7.0% cap · market cap 3.68%
Second Best
Retail
$378.8K
$331.4K – $441.9K
NOI $26,515 @ 7.0% cap · market cap 1.93%
Theoretical Best
Office A
$1.03M
$898.7K – $1.20M
NOI $71,893 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
FAQs
What type of property is this?
Bank - Freestanding former bank building totaling 4,185 SF on 1.24 acres.
Where is this bank located?
The property is located at 3793 Darrow Road Stow, OH.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Freestanding former bank building totaling 4,185 SF; Located on 1.24 acres; Built in 1967
