8027 Darrow RdTwinsburg, OH 44087

  • Office properties
  • 2,964 SF
For Lease

Property Details for 8027 Darrow Rd

Year built
1883
Lot size
0.29 AC
Property size (Sq ft)
2,964 SF
Property type
Office properties
Property subtype
Office buildings
APN
64-05747
APU
6405747

Description

This exceptional retail opportunity is located at 8027 Darrow Road in Twinsburg, Ohio, 44087. The property, known as Darrow Plaza, offers a total of 20,000 square feet of retail and restaurant space in a multi-tenant building. Currently, 1,700 square feet of prime retail space is available for lease. The space is ideally suited for a variety of restaurant or retail uses, benefiting from its high-traffic location on Darrow Road, just north of Hudson. The property boasts excellent visibility due to monument signage for both buildings. While a Subway currently occupies a portion of the plaza, it is scheduled to vacate before March 31, 2025, presenting a unique opportunity for a new tenant to establish a presence in this thriving Twinsburg submarket. The available space provides ample room for a variety of business ventures, capitalizing on the strong foot traffic and visibility of this established commercial location. This is an excellent chance to secure a prominent retail space in a busy and accessible area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $563,685
    6.5%
    $520,325
    7%
    $483,159
  • Comparable approach

    Method
    Valuation
    Relative Method
    $277,253
    Geo Method
    $277,253
  • Alternative Use

    Use
    Valuation
    Residential
    $645,203
    Hospitality
    $591,002
    Educational
    $491,707
    Medical
    $508,617
    Retail
    $764,877
8027 Darrow Rd, Twinsburg, Ohio

Location Insight

City
Twinsburg
County
Summit
State
Ohio
Latitude
41.284
Longitude
-81.4401
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
$3,240
$7,820
$42,370
$50,190
-
$22,330
$121,050
$143,380

FAQs

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