3520 Hudson Dr Stow, OH 44224-2907
- Parking lots & garages
- 154 SF
- 0.75 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 3520 Hudson Dr
- Lot size
- 0.75 lot acres
- Property size
- 154 SF
- Property type
- Parking lots & garages
- APN
- 56-17067
- APU
- 5617067
Description
This exceptional 0.7-acre commercial land parcel presents a prime investment opportunity in Stow, Ohio. Located at 3520 Hudson Dr, this property boasts a highly desirable Community Retail (C3) zoning designation, making it ideal for a variety of retail uses. Its strategic location at a signalized intersection ensures high visibility and accessibility, benefiting from proximity to the SR-8 and Graham Road interchange. The site's prominent position offers excellent visibility from Graham Road, capitalizing on substantial daily traffic flow. The surrounding area features a robust mix of both national and well-established local retailers, creating a thriving commercial environment. This outparcel's location within the Chapel Hill Trade Area, less than 10 minutes away, further enhances its appeal and potential for strong returns. The property's 0.7-acre size provides ample space for development, offering flexibility for various retail concepts. This is a rare opportunity to acquire a well-situated commercial land parcel in a high-demand area with excellent visibility and access. The property is situated in Summit County, Ohio, with a zip code of 44224.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $290,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $250,000
- Mixed-Use
- $335,000
- Hospitality
- $240,000
- Educational
- $285,000
- Residential Income
- $255,000
- Energy
- $260,000
- Income-Based Land
- $325,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Stow
- County
- Summit
- State
- Ohio
- Longitude
- -81.478
- Latitude
- 41.1647
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA