7996 Darrow RdTwinsburg, OH 44087
- Retail properties
- 46,530 SF
Property Details for 7996 Darrow Rd
- Year built
- 1995
- Lot size
- 1.07 AC
- Property size (Sq ft)
- 46,530 SF
- Property type
- Retail properties
- Property subtype
- Parking lots & garages
- APN
- 62-05855
- APU
- 6205855
Description
This exceptional 46,766 square foot Class B multi-tenant building, located at 7996 Darrow Road in Twinsburg, Ohio (Summit County, zip code 44087), presents a unique investment opportunity. Priced at $2,800,000 ($59.87/sq ft), the property boasts a versatile mix of distribution, flex, and traditional office space, making it ideal for a variety of uses. Its strategic location at the southwest corner of Darrow Road (SR 91) ensures high visibility and accessibility, benefiting from over 17,500 cars passing daily. The building's excellent signage and ample parking further enhance its appeal. The property's proximity to Route 8 and I-271 provides easy access to a large regional market spanning three counties. Currently, the building includes professional office space and a space suitable for special uses, such as a doggie daycare or grooming facility, adjacent to the Humane Society of Summit County. This multi-purpose design offers flexibility and potential for diverse income streams. The building's existing infrastructure and prominent location make it a compelling investment opportunity for both owner-occupiers and investors seeking a strong return.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $13,007,945
- 6.5%
- $12,007,333
- 7%
- $11,149,667
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,968,089
- Geo Method
- $10,968,089
-
Alternative Use
- Use
- Valuation
- Residential
- $10,128,635
- Hospitality
- $9,277,775
- Educational
- $7,719,000
- Medical
- $7,984,468
- Retail
- $12,007,333
Location Insight
- City
- Twinsburg
- County
- Summit
- State
- Ohio
- Latitude
- 41.2833
- Longitude
- -81.4415
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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