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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1676 Commerce Dr Stow, OH 44224-1731

    • Manufacturing properties
    • 75,700 SF
    • 5.28 lot acres
    OFF-MARKET
    Value Estimations
    $920,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2107726
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1676 Commerce Dr

    Year built
    1961
    Lot size
    5.28 lot acres
    Property size
    75,700 SF
    Property type
    Manufacturing properties
    APN
    56-16227
    APU
    5616227

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $700,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,140,000
      Market price range: $1.14M - $2.17M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stow
    County
    Summit
    State
    Ohio
    Longitude
    -81.446
    Latitude
    41.1898
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $60,154
    $203,360
    $713,350
    $916,710
    -
    $581,020
    $2,038,140
    $2,619,160

    Comparable in this City

    • Value Estimation
      $3,915,000
      215,736 SF

      1366 Commerce Dr

      MANUFACTURING (LIGHT) • 215,736 SF
      1366 Commerce Dr, Stow, OH 44224-1737
      View Details
    • Value Estimation
      $750,000
      182,916 SF

      858 Seasons Rd

      MANUFACTURING (LIGHT) • 182,916 SF
      858 Seasons Rd, Stow, OH 44224-1071
      View Details
    • Value Estimation
      $1,175,000
      63,352 SF

      4485 Allen Rd

      MANUFACTURING (LIGHT) • 63,352 SF
      4485 Allen Rd, Stow, OH 44224-1033
      View Details
    • Value Estimation
      $540,000
      26,500 SF

      1445 Commerce Dr

      MANUFACTURING (LIGHT) • 26,500 SF
      1445 Commerce Dr, Stow, OH 44224-1709
      View Details
    • Value Estimation
      $765,000
      123,973 SF

      201 Steels Cors Rd

      MANUFACTURING (LIGHT) • 123,973 SF
      201 Steels Cors Rd, Stow, OH 44224-4921
      View Details
    • Value Estimation
      $815,000
      78,214 SF

      155 Steels Cors Rd

      MANUFACTURING (LIGHT) • 78,214 SF
      155 Steels Cors Rd, Stow, OH 44224-4919
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9.60 Acres

      Seasons Rd

      Distribution properties • 9.60 Acres
      0 Seasons Rd, Stow, OH 44224
      View Details
    • $1,650,000
      21,738 SF

      Stow Office/Warehouse Flex Opportunity

      Office and flex buildings on 4.55 acres in Stow.
      3747-3781 Fishcreek Rd, Stow, OH 44224
      View Details
    • $1,350,000
      67.00 Acres

      Hudson Industrial Land - 67 Acres

      Prime Commercial/Industrial Land near Trails
      567 Seasons, Hudson, OH 44224
      View Details
    • Contact for pricing
      3.00 Acres

      Stow, Ohio Industrial Land for Sale

      Prime Industrial Land, I-2 Zoning, Excellent Access
      0 Campus Dr, Stow, OH 44224
      View Details
    • Contact for pricing
      4.89 Acres

      Cuyahoga Falls Development Site

      4.9-Acre Commercial Land, Ohio
      4378 Wyoga Lake Rd, Stow, OH 44224
      View Details
    • $6,500,000
      116,000 SF

      Stow Industrial Facility For Sale

      116,000 SF industrial facility on 18.24 acres in Stow.
      4445 Allen Rd, Stow, OH 44224
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      39,000 SF

      Hudson Industrial Space For Lease

      Functional industrial space near major highways, ideal for various operations.
      1217-1227 Norton Rd, Hudson, OH 44224
      View Details
    • $2,300 /Mo
      2,400 SF

      Stow Flex Unit For Rent

      Flex unit with office and warehouse space available for lease.
      778 Mccauley Rd, Stow, OH 44224
      View Details
    • Contact for pricing
      81,283 SF

      Stow Office & Flex Space Available

      Modern Office/Warehouse, Great Location
      1000-1100 Campus Dr, Stow, OH 44224
      View Details
    • Contact for pricing
      250,211 SF

      Freeway Visible Site in Stow

      Freeway visible site ideal for corporate headquarters or distribution.
      600 Seasons Rd, Stow, OH 44224
      View Details
    • $168 SF/Yr
      3,276 SF

      Stow Retail Warehouse - High Visibility

      Prime Stow location, 3,276 SF divisible warehouse.
      3260 Kent Rd, Stow, OH 44224
      View Details
    • $11 SF/Yr
      2,185 SF

      Flex Space in Stow

      Flex space with office and warehouse in Stow, Ohio.
      3420 Cavalier Trl, Stow, OH 44224
      View Details
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    1676 Commerce Dr
    Stow, OH 44224-1731
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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