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    3330 Kent Rd Stow, OH 44224-4537

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    3330 Kent Rd Stow, OH 44224-4537

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    • Medical Office Space
    • 4,811 SF
    • 0.94 lot acres
    Off-Market
    Last Sale Jul 22, 2024
    Property ID
    US66-1903992
    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.
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 3330 Kent Rd

    Year built
    1998
    Lot size
    0.94 lot acres
    Property size
    4,811 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    56-16930
    APU
    5616930

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $477,000
      Market price range: $216k - $581k
      AI Estimate
      $516,000
      Market price range: $250k - $591k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $390,000
      Current use
      AUTO REPAIR, GARAGE
      $480,000
      Change: +23% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $450,000
      Change: +15% Conversion: Difficult
      OFFICE BUILDING
      $430,000
      Change: +10% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Stow
    County
    Summit
    State
    Ohio
    Longitude
    -81.4412
    Latitude
    41.1586
    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
    $17,211
    $118,230
    $143,820
    $262,050
    -
    $337,800
    $410,920
    $748,720

    Comparable in this City

    • Value Estimation
      $3,345,000
      5,986 SF

      4441 Hudson Dr

      MEDICAL BUILDING • 5,986 SF
      4441 Hudson Dr, Stow, OH 44224-2218
      View Details
    • Value Estimation
      $920,000
      9,256 SF

      3909 Darrow Rd, Unit 3917

      MEDICAL BUILDING • 9,256 SF
      3909 Darrow Rd, Stow, OH 44224-2621
      View Details
    • Value Estimation by Request
      9,862 SF

      4465 Darrow Rd

      MEDICAL BUILDING • 9,862 SF
      4465 Darrow Rd, Stow, OH 44224-1884
      View Details
    • Value Estimation by Request
      1,757 SF

      3559 Darrow Rd

      MEDICAL BUILDING • 1,757 SF
      3559 Darrow Rd, Stow, OH 44224-4008
      View Details
    • Value Estimation by Request
      3,168 SF

      3527 Darrow Rd

      MEDICAL BUILDING • 3,168 SF
      3527 Darrow Rd, Stow, OH 44224-4008
      View Details
    • Value Estimation by Request
      2,096 SF

      4481 Kent Rd

      MEDICAL BUILDING • 2,096 SF
      4481 Kent Rd, Stow, OH 44224-4368
      View Details

    Similar Nearby for Sale

    • $449,900
      3.00 Acres

      High-Visibility Commercial Opportunity on Darrow

      Prime commercial property with high visibility and convenient access.
      4920 Darrow Rd, Stow, OH 44224
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    • $485,000
      0.56 Acres

      Stow Commercial Building For Sale

      Commercial building in very good condition, ready for occupancy.
      727 Graham Road Cir, Stow, OH 44224
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    • Contact for pricing
      754 SF

      Office Space on Darrow Road

      Office space for rent with high visibility and ample parking.
      3869 Darrow Rd, Stow, OH 44224
      View Details
    • $1,650,000

      Stow Office/Warehouse Flex Opportunity

      Office and flex buildings on 4.55 acres in Stow.
      3747-3781 Fishcreek Rd, Stow, OH 44224
      View Details
    • $79,900
      1,070 SF

      Move-in Ready Stow Office Condo

      Office condo for sale in Stow, ideal for businesses.
      4466 Darrow Rd, Stow, OH 44224
      View Details
    • Contact for pricing

      Industrial Land Available

      9.6 acres of industrial land with utilities available.
      Seasons Rd, Stow, OH 44224
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      11,848 SF

      Former Nursing Home Facility Available

      Two buildings totaling 11,848 SF on 2.11 acres.
      3625 Marsh Rd, Stow, OH 44224
      View Details
    • $11 SF/Yr

      Stow Professional Center Office Space

      Multi-tenant medical and office campus on Darrow Road (SR-91).
      4472-4508 Darrow Rd, Stow, OH 44224
      View Details
    • $350 /Mo
      1,500 SF

      Medical/Dental Space Available

      Partially built-out medical/dental space with plumbing and multiple rooms.
      4494-4508 Darrow Rd, Stow, OH 44224
      View Details
    • Contact for pricing

      Retail/Office Space on Fishcreek Road

      Retail or office space with high visibility and traffic.
      3726 Fishcreek Rd, Stow, OH 44224
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 4301 Darrow Rd, Stow, OH.
      4301 Darrow Rd, Stow, OH 44224
      View Details
    • Contact for pricing

      Stow Office Space Available

      Office space for rent in a well-located Stow building.
      3885-3889 Darrow Rd, Stow, OH 44224
      View Details
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    3330 Kent Rd
    Stow, OH 44224-4537
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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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