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Property profile & analytics
FOR LEASE
Showrooms
1217 Norton Rd 1227 Hudson, OH 44236
Entity Owned
~
Est. High Equity
Property ID
US66-2697801
For Lease
1 / 18
$7.50 SF/Yr
1217 Norton Rd,Unit 1227, Hudson, OH 44236
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1979
Total area
14,000 SF
Lot
2.09 ac (91,040 SF)
APN
30-00542
UPID
US66-2697801
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$2.18M
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.63M
Owner & transaction history
Linicera Hudson LLC
Linicera Hudson LLC
since 2025
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+15.2%
Auto repair, garage
$1.4M
+2.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hudson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hudson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
$2,365,000
6.5%
$2,180,000
7%
$2,025,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,355,000
Current use
RESTAURANT
$1,560,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,390,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,310,000
Change: -3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,310,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$1,085,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$1.63M
Range $1.47M – $1.79M · ±10% · vs last sale $2.15M (Jul 10 2025)
Last sale anchor
$2.15M
Jul 10 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$116 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$39,809
Tax year 2023
Assessed value
$476,700
Assessed 2023
Previous assessed
$476,700
+0.0% YoY
Effective rate
8.35%
On assessed value
Assessed land
$58,520
Assessed improvement
$418,180
Land market value
$167,200
Improvement market value
$1,194,800
Total market value
$1,362,000
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1979
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Bathrooms
2
Total area
14,000 SF
Lot
2.09 ac (91,040 SF)
APN
30-00542
UPID
US66-2697801
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
2
Lot
2.09 ac
Current owner
From public records · entity-resolved
Linicera Hudson LLC
Entity
Mailing address
1217 NORTON RD #1227, HUDSON, OH 44236-4403
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2025
$2,150,000
Linicera Hudson LLC
Emj Real Estate LLC
Deed
$1,612,500 · The State Bank & Trust Co
Oct 26, 2022
—
Emj Real Estate LLC
—
Deed
related
$2,800,000 · First Commonwealth Bank
Dec 28, 2021
—
Emj Real Estate LLC
—
Deed
related
$1,500,000 · Pnc Bank NA
Aug 26, 2020
$1,190,000
Emj Real Estate LLC
The Crookston Family Limited Partne
Limited Warranty Deed
$952,000 · Pnc Bank NA
Mar 22, 2004
—
Crookston Family LP
Crookston,james R & Patricia A
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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