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

    1700 Norton Rd Stow, OH 44224-1512

    • Grocery and convenience stores
    • 84,648 SF
    • 11.00 lot acres
    OFF-MARKET
    Value Estimations
    $4,280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2107164
    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

    • Grocery and convenience stores

    Property Details for 1700 Norton Rd

    Year built
    2001
    Construction
    FRAME
    Lot size
    11.00 lot acres
    Property size
    84,648 SF
    Property type
    Grocery and convenience stores
    APN
    56-17734
    APU
    5617734

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,748,000
      Market price range: $3.18M - $7.57M
      AI Estimate
      $4,454,000
      Market price range: $2.40M - $9.61M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,190,000
      Current use
      MEDICAL BUILDING
      $6,860,000
      Change: +32% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $5,000,000
      Change: -4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,580,000
      Change: -12% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Stow
    County
    Summit
    State
    Ohio
    Longitude
    -81.4345
    Latitude
    41.202
    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
    $138,246
    $721,880
    $1,385,030
    $2,106,910
    -
    $2,062,500
    $3,957,230
    $6,019,730

    Comparable in this City

    • Value Estimation
      $6,715,000
      158,710 SF

      4301 Kent Rd, Unit 4333

      GROCERY, SUPERMARKET • 158,710 SF
      4301 Kent Rd, Stow, OH 44224-4340
      View Details
    • Value Estimation
      $1,535,000
      17,568 SF

      3804 Fishcreek Rd

      GROCERY, SUPERMARKET • 17,568 SF
      3804 Fishcreek Rd, Stow, OH 44224-4306
      View Details
    • Value Estimation by Request
      2,504 SF

      3767 Darrow Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,504 SF
      3767 Darrow Rd, Stow, OH 44224-4035
      View Details
    • Value Estimation
      $595,000
      22,000 SF

      4976 Hudson Dr

      SHOW ROOM, WAREHOUSE • 22,000 SF
      4976 Hudson Dr, Stow, OH 44224-1728
      View Details
    • Value Estimation
      $2,155,000
      82,800 SF

      4239 Hudson Dr

      SHOW ROOM, WAREHOUSE • 82,800 SF
      4239 Hudson Dr, Stow, OH 44224-2215
      View Details
    • Value Estimation by Request
      4,260 SF

      3311 Kent Rd

      FINANCIAL BUILDING • 4,260 SF
      3311 Kent Rd, Stow, OH 44224-4517
      View Details

    Similar Nearby for Sale

    • $520,000
      2.50 Acres

      Stow Commercial Land - 2.5 Acres

      Prime Stow location, high traffic, versatile zoning.
      0 Fishcreek Rd, Stow, OH 44224
      View Details
    • $850,000
      10,075 SF

      Multi-Tenant Investment Property For Sale

      10,075 sq. ft. building, 100% occupied near Route 8.
      4183 Wyoga Lake Rd, Cuyahoga Falls, OH 44224
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    • Contact for pricing
      4,724 SF

      Bank Building with Drive-Thru Lanes

      4,724 SF bank building with drive-thru on 0.95 AC.
      3857 Darrow Rd, Stow, OH 44224
      View Details
    • $795,000
      10,075 SF

      Wyoga Lake Shopping Center Investment

      Prime Cuyahoga Falls retail center, 100% occupied.
      4183 Wyoga Lake Rd, Cuyahoga Falls, OH 44224
      View Details
    • Contact for pricing
      1.02 Acres

      Stow Retail Land Opportunity

      Prime Stow, OH retail land: high traffic, visibility.
      0 Steels Pointe, Stow, OH 44224
      View Details
    • Contact for pricing
      3.07 Acres

      Stow, OH Retail Development Opportunity

      Prime 3.07-acre retail site, build-to-suit available.
      4141 Hudson Dr, Stow, OH 44224
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,346 SF

      Grocery Anchored Retail Space

      Retail space in a grocery-anchored shopping center.
      4431-4445 Kent Rd, Stow, OH 44224
      View Details
    • Contact for pricing
      1,040 SF

      Retail Spaces in High-Traffic Area

      Retail spaces for lease near new development in Stow, OH.
      4401 Kent Rd, Stow, OH 44224
      View Details
    • Contact for pricing
      6,822 SF

      High Visibility Retail Space Available

      Retail space with high visibility and freeway access.
      4300 Lakepointe Corporate Dr, Stow, OH 44224
      View Details
    • Contact for pricing
      9,849 SF

      Retail Space in Stow, Ohio

      Retail spaces available in Oregon Trails shopping center.
      3012-3046 Graham Rd, Stow, OH 44224
      View Details
    • Contact for pricing
      3,000 SF

      Prime Retail Space Available

      3,000 SF retail space at busiest intersection in Summit County.
      3707 Darrow Rd, Stow, OH 44224
      View Details
    • Contact for pricing
      2,920 SF

      Retail Space in Stow Plaza

      Retail unit available in established Stow shopping plaza.
      3033-3091 Graham Rd, Stow, OH 44224
      View Details

    Property Visit Statistics

    • Visits by month
      98.6k
    • Visitors by month
      37.8k
    • Avg Time on site
      23 min
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    1700 Norton Rd
    Stow, OH 44224-1512
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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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