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Investment Highlights
- Freestanding retail building totaling 6,456 square feet on a spacious 1.59-acre site with room for parking and outdoor use.
- Flexible layout ideal for childcare, medical, office, or service-oriented retail uses in a supply-constrained market.
- Positioned within the Akron submarket, benefiting from steady rent growth and long-term retail demand fundamentals.
- Strong frontage and visibility along Darrow Road, supported by consistent daily traffic counts from nearby intersections.
- Located in a dense suburban trade area with high household incomes and a stable, owner-occupied residential base.
- Excellent accessibility between Cleveland and Canton, near major employment drivers and established neighborhoods.
Executive Summary
This 6,456 SF retail building, currently configured as a daycare center, presents a compelling opportunity for both owner-users and investors seeking stable real estate in a low-vacancy market. Situated on 1.59 acres, the property offers functional flexibility, ample parking, and strong frontage along Hibbard Drive.
The Akron retail market remains fundamentally strong, with ~3.9% vacancy and steady rent growth, reinforcing long-term asset stability and leasing potential. With zero current vacancy and strong demand for daycare and service-oriented retail, this asset is well-positioned for:
-Continued operation as a childcare facility
-Conversion to medical, office, or service retail
-Owner-user acquisition in a supply-constrained submarket
Positioned in the heart of Stow, Ohio (Akron Submarket), 4770 Darrow Rd offers a strategic location along a well-traveled commercial corridor with 13,000–20,000+ vehicles per day on nearby Darrow Rd and surrounding intersections.
The property sits within a dense and stable suburban trade area, supported by:
-Population exceeding 107,000 within 5 miles
-Average household incomes over $119,000 (5-mile radius)
-Strong household base with 64%+ homeownership nearby
This area benefits from proximity to Akron’s major employment drivers, including healthcare, advanced manufacturing, and education sectors, while also being positioned between Cleveland and Canton—making it a highly accessible and desirable location for both service-based businesses and long-term investment stability.
The Akron retail market remains fundamentally strong, with ~3.9% vacancy and steady rent growth, reinforcing long-term asset stability and leasing potential. With zero current vacancy and strong demand for daycare and service-oriented retail, this asset is well-positioned for:
-Continued operation as a childcare facility
-Conversion to medical, office, or service retail
-Owner-user acquisition in a supply-constrained submarket
Positioned in the heart of Stow, Ohio (Akron Submarket), 4770 Darrow Rd offers a strategic location along a well-traveled commercial corridor with 13,000–20,000+ vehicles per day on nearby Darrow Rd and surrounding intersections.
The property sits within a dense and stable suburban trade area, supported by:
-Population exceeding 107,000 within 5 miles
-Average household incomes over $119,000 (5-mile radius)
-Strong household base with 64%+ homeownership nearby
This area benefits from proximity to Akron’s major employment drivers, including healthcare, advanced manufacturing, and education sectors, while also being positioned between Cleveland and Canton—making it a highly accessible and desirable location for both service-based businesses and long-term investment stability.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,456 SF
Building Class
C
Year Built
1918
Price
$602,004 CAD
Price Per SF
$93.25 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
1.59 AC
Parking
18 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
145’ on Hibbard Drive
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,393 CAD | |
| Land Assessment | $219,246 CAD | Total Assessment | $225,638 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$219,246 CAD
Improvements Assessment
$6,393 CAD
Total Assessment
$225,638 CAD
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