Flex Space with Office-Retail
For Sale
$485,000
727 Graham Rd, Stow, OH 44224
Existing dental-office improvements and retail functionality support occupancy by a range of commercial users.
Property Size5,088 SF
Price / SF$95.32
Days on Market55
Property Features for 727 Graham Rd
General Information
Standard status
Active
Size
5,088 SF
Total Parking Spaces
20
Additional Details
Furnished
Yes
Building Details
Year Built
1991
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Stouffer Realty
Listed By:
William E Snow · License #2013001675
(330) 990-0256
Source:
Groganzeiger
Added: Aug 22
Changed: Oct 14
Last Checked: Oct 13 at 1:36AM
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 Berkshire Hathaway HomeServices Stouffer Realty
Investment Insights
Based on property information with market context.
This flex-space property combines an existing dental-office configuration with retail functionality, providing a finished commercial setting that can accommodate a range of business formats. The building was constructed in 1991 and is described as being in very good condition, with occupancy readiness noted. Some office furniture is included with the property.
A concrete parking lot provides 20 spaces for the building. The property is located at 727 Graham Rd in Stow, Ohio, placing the asset along Graham Road. Its existing office and retail features, along with the stated flexibility for alternative commercial use, create a practical starting point for an owner-user or business seeking an adaptable building.
A concrete parking lot provides 20 spaces for the building. The property is located at 727 Graham Rd in Stow, Ohio, placing the asset along Graham Road. Its existing office and retail features, along with the stated flexibility for alternative commercial use, create a practical starting point for an owner-user or business seeking an adaptable building.
Key Highlights
- Flex‑space property with existing dental‑office and retail functionality
- 5,088 property size
- Concrete parking lot with 20 spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,236
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,720
$644.7K
Cap Rate 7%
$460,514
$460.5K
Cap Rate 9%
$358,178
$358.2K
Market Conditions
NOI Build-Up for 5,088 SF
Gross rent
$47.6K $9.36/SF
− Vacancy
−$1.6K −$0.31/SF
EGI
$46.1K $9.05/SF
− OpEx
−$13.8K −$2.72/SF
NOI
$32.2K $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 Rate 5%
$644,720
Cap Rate 7%
$460,514
Cap Rate 9%
$358,178
Alternative Uses
Best Use
Office B
$859.7K
$752.2K – $1.00M
NOI $60,176 @ 7.0% cap · market cap 12.41%
Second Best
Healthcare Medical
$756.1K
$661.6K – $882.2K
NOI $52,929 @ 7.0% cap · market cap 10.91%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,405 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44224, OH
38,709
Population
16,826
Households
2.3
Avg Household Size
42
Median Age
49%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
1,898
Density / Sq Mi
$91,096
Median Household Income
$48,624
Median Earnings
$1,190
Median Rent
$243,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Existing dental-office improvements and retail functionality support occupancy by a range of commercial users.
Where is this flex space located?
The property is located at 727 Graham Rd Stow, OH.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Flex‑space property with existing dental‑office and retail functionality; 5,088 property size; Concrete parking lot with 20 spaces
