Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2 Approx 17.3 Acres Patriot Pkwy Hudson, OH 44236
    Back to Search
    Property profile & analytics

    2 Approx 17.3 Acres Patriot Pkwy, Hudson, OH 44236

    View on Map
    • Industrial land
    • 15.46 lot acres
    For Sale
    $975,000
    View Listing →
    Hudson, OH Commercial Land For Sale
    $975,000
    17.30 Acres

    Hudson, OH Commercial Land

    17.3 acres of commercial land with development options.

    V/L 2 (Approx 17.3 Acres) Patriot Parkway, Hudson, OH 44236
    View Listing
    Property ID
    US66-5286568
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial land

    Property Details for 2 Approx 17.3 Acres Patriot Pkwy

    Lot size
    15.46 lot acres
    Property type
    Industrial land
    APN
    30-10191
    APU
    3010191

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Summit
    State
    Ohio
    Longitude
    -81.4682
    Latitude
    41.2042
    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
    $10,798
    $90,430
    $0.00
    $90,430
    -
    $258,380
    $0.00
    $258,380

    Comparable in this City

    • Value Estimation by Request
      13.03 Acres

      5497 Hudson Industrial Pkwy

      INDUSTRIAL - VACANT LAND
      5497 Hudson Industrial Pkwy, Hudson, OH 44236-5040
      View Details
    • Value Estimation by Request
      0.48 Acres

      Hudson Industrial Pkwy

      INDUSTRIAL - VACANT LAND
      Hudson Industrial Pkwy, Hudson, OH 44236
      View Details
    • Value Estimation by Request
      2.02 Acres

      Industrial Pkwy

      INDUSTRIAL - VACANT LAND
      Industrial Pkwy, Hudson, OH 44236
      View Details
    • Value Estimation by Request
      4.02 Acres

      Seasons Rd

      INDUSTRIAL - VACANT LAND
      Seasons Rd, Hudson, OH 44236
      View Details
    • Value Estimation by Request
      73.19 Acres

      Patriot Pkwy

      INDUSTRIAL - VACANT LAND
      Patriot Pkwy, Hudson, OH 44236
      View Details
    • Value Estimation by Request
      2.91 Acres

      5115 Hudson Dr

      INDUSTRIAL - VACANT LAND
      5115 Hudson Dr, Hudson, OH 44236-3769
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      7.3 Acres Prime Development Opportunity

      Prime location on 7.3 acres for development.
      6245 Chittenden Rd, Hudson, OH 44236
      View Details
    • $700,000

      Land Near I-80 and SR-8

      2.89 acres of land with retail business zoning.
      Dean Memorial Pkwy, Hudson, OH 44236
      View Details
    • Contact for pricing

      Land Available in Hudson, Ohio

      Land for sale at 5751 Darrow Road, Hudson, OH 44236.
      5751 Darrow Rd, Hudson, OH 44236
      View Details
    • $275,000
      31.33 Acres

      Hudson, OH Land with Pond

      31.33 acres of land featuring a pond and nature.
      5469 Sullivan Rd, Hudson, OH 44236
      View Details
    • Contact for pricing
      Pending

      7.3 Acres Development Opportunity

      7.3 acres of land in Hudson/Boston Heights, Ohio.
      6245 Chittenden Rd, Hudson, OH 44236
      View Details
    • Contact for pricing

      9.4 Acre Commercial Land Parcel

      High-visibility land parcel with strong commercial and industrial potential.
      Chittenden Rd, Hudson, OH 44236
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      65 Acres Industrial Land Available

      Divisible 65-acre industrial land with highway access and tax abatement.
      124 East Hines Hill Rd, Hudson, OH 44236
      View Details
    • Contact for pricing

      Hudson Industrial Land for Lease

      Industrial land with access to Ohio Turnpike and State Route 8.
      6288 Hudson Crossing Pkwy, Hudson, OH 44236
      View Details
    • Contact for pricing

      Land Available Near Downtown Hudson

      Approximately 4.5 acres with easy highway access near downtown.
      1221 Barlow Rd, Hudson, OH 44236
      View Details
    • Contact for pricing

      Retail Spaces in Hudson District

      Retail spaces available for lease in Hudson's First & Main.
      43 Village Way, Hudson, OH 44236
      View Details
    • Contact for pricing

      Land Available For Lease

      Commercial land available for lease in Hudson, Ohio.
      Hudson Crossing Pkwy, Hudson, OH 44236
      View Details
    • Contact for pricing
      7,718 SF

      Suburban Office Space Available

      Single-story office suites with natural light, convenient location.
      105 Executive Pkwy, Hudson, OH 44236
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Approx 17.3 Acres Patriot Pkwy
    Hudson, OH 44236
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2 Approx 17.3 Acres Patriot Pkwy, Hudson, OH, 44236
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!