Stand-Alone Retail
For Sale
Contact for pricing
485 Graham Road, Cuyahoga Falls, OH 44221
Open retail layout with natural light, delivery access, parking, and monument signage.
Property Size1,920 SF
Price / SF$194.79
Days on Market8
Property Features for 485 Graham Road
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Retail
Site & Location
Traffic Count
13,000 vehicles/day
Highway Access
Yes
Additional Details
Asking Price
$374,000
Amenities
Truck Delivery Door
Wide Open floor plan
Natural Light
Abundant Parking
Road monument signage
Listing Agency:
Hanna Commercial Real Estate Cleveland
Listed By:
John Lubinski · License #OH 2019006622
(216) 861-5105
Source:
Crexi
Added: Sep 3
Changed: Sep 9
Last Checked: Sep 9 at 3:38PM
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 Hanna Commercial Real Estate Cleveland
Investment Insights
Based on property information with market context.
This stand-alone retail property offers 1,920 square feet with an open interior plan, abundant natural light, and a truck delivery door. The configuration supports flexible storefront operations while providing practical receiving access.
The property is located at 485 Graham Road in Cuyahoga Falls, Ohio, with access to Route 8, Route 59, and State Road. Traffic exposure is reported at 13,000+ VPD, and the site includes abundant parking and road monument signage. The property is offered for sale or lease.
The property is located at 485 Graham Road in Cuyahoga Falls, Ohio, with access to Route 8, Route 59, and State Road. Traffic exposure is reported at 13,000+ VPD, and the site includes abundant parking and road monument signage. The property is offered for sale or lease.
Key Highlights
- 1,920 SF stand‑alone retail building
- Truck delivery door supports receiving access
- Open floor plan with natural light
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,165
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$243,300
$243.3K
Cap Rate 7%
$173,786
$173.8K
Cap Rate 9%
$135,167
$135.2K
Market Conditions
NOI Build-Up for 1,920 SF
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.
Gross rent
$18.0K $9.36/SF
− Vacancy
−$593 −$0.31/SF
EGI
$17.4K $9.05/SF
− OpEx
−$5.2K −$2.72/SF
NOI
$12.2K $6.34/SF
Area
Summit County, OH
Vacancy
3.30%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$243,300
Cap Rate 7%
$173,786
Cap Rate 9%
$135,167
Alternative Uses
Best Use
Retail
$173.8K
$152.1K – $202.8K
NOI $12,165 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$471.2K
$412.3K – $549.7K
NOI $32,983 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
13,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 47%
Acme Fresh Market
Groceries
36,231 visits/mo
0.3 miles
Circle K
Shops & Services
14,956 visits/mo
0.4 miles
Huntington Bank
Shops & Services
9,261 visits/mo
0.4 miles
Circle K
Shops & Services
8,443 visits/mo
0.4 miles
Chase Bank
Shops & Services
8,215 visits/mo
0.4 miles
Demographics for 44221, OH
29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Open retail layout with natural light, delivery access, parking, and monument signage.
Where is this storefront property located?
The property is located at 485 Graham Road Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: 1,920 SF stand‑alone retail building; Truck delivery door supports receiving access; Open floor plan with natural light
