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Property profile & analytics
FOR LEASE
Showrooms
5555 Darrow Rd Hudson, OH 44236
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-2614020
For Lease
1 / 4
$27,085,000
5555 Darrow Rd, Hudson, OH 44236
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1959
Total area
421,640 SF
Lot
45.31 ac (1,973,704 SF)
APN
30-09103
UPID
US66-2614020
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
Current use
Occupant on record · Public records
-
JOANN Fabric and Crafts Corporate (Bike/Boat/Book/etc) Store
-
SemaConnect Charging Station Electric Vehicle Charging Station
-
Blink Charging Station Electric Vehicle Charging Station
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$29.08M
Blend (final)
Blend
$27.09M
Owner & transaction history
1943 Holdings LLC · 3 yrs held
1943 Holdings LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$41.9M
+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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$40,750,000
Current use
AUTO REPAIR, GARAGE
$41,935,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$39,485,000
Change: -3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$39,410,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$32,730,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$27.09M
Range $24.38M – $29.79M · ±10%
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
$64 / 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
$378,255
Tax year 2023
Assessed value
$4,688,300
Assessed 2023
Previous assessed
$4,688,300
+0.0% YoY
Effective rate
8.07%
On assessed value
Assessed land
$777,090
Assessed improvement
$3,911,210
Land market value
$2,220,250
Improvement market value
$11,174,890
Total market value
$13,395,140
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
1959
Heating
HOT WATER
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
421,640 SF
Lot
45.31 ac (1,973,704 SF)
APN
30-09103
UPID
US66-2614020
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
$40.8M
AUTO REPAIR, GARAGE
Est. value
$41.9M
MEDICAL BUILDING
Est. value
$39.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$39.4M
OFFICE BUILDING
Est. value
$32.7M
COMMERCIAL (GENERAL) Current
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
1959
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
45.31 ac
Current owner
From public records · entity-resolved
1943 Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5455 DARROW RD, HUDSON, OH 44236-4009
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2022
—
1943 Holdings LLC
Jo Ann Stores Support Center INC
Agreement Of Sale
—
Jul 20, 2018
—
Jo-ann Stores Support Ctr INC
—
Grant Deed
related
$225,000,000 · Bank Of America
Aug 28, 2017
—
Jo-ann Stores Support Ctr INC
—
Loan Modification
related
$180,000,000 · Bank Of America
Jan 18, 2017
—
Jo-ann Stores Support Center I
—
Grant Deed
related
$725,000,000 · Bank Of America
Jan 4, 2012
—
Jo-ann Stores Support Ctr INC
—
Deed Of Trust
related
$475,000,000 · Bank Of America
Jul 31, 2009
—
Jo-ann Stores Support Ctr INC
Jo-ann Stores INC
Quit Claim Deed
—
—
—
Jo-ann Stores Support Ctr INC
—
Deed Of Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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