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Investment Highlights

  • ABSOLUTE $1 AUCTION | 2.82 AC Cleveland MSA Parcel | Utilities on Site | 16K VPD | $140K Avg HHI | AUCTION JUNE 8-10
  • Strong visibility with 300+ feet of frontage and exposure to ±16,673 vehicles per day, supporting retail, medical, office, or service-commercial
  • Affluent consumer base with 5-mile average household income of $140,609 and 76,000+ individuals, creating strong support for neighborhood retail
  • ±2.82-acre commercial development site in Hudson, Ohio, offering a rare infill opportunity in one of Northeast Ohio’s most affluent suburban trade are
  • Adjacent to new residential growth, including the neighboring Preserve of Hudson development, an upcoming townhome/single-family community scheduled
  • Strategically positioned near established retail and daily-needs anchors, with nearby national retailers including CVS, Discount Drug Mart, Ace

Executive Summary

Cushman & Wakefield | CRESCO Real Estate and Marcus & Millichap are proud to offer a 2.82 acre land parcel adjacent to 5876 Darrow Road in Hudson, OH, a rare infill opportunity in one of Northeast Ohio’s most affluent suburban trade areas (the “Property”). The site benefits from excellent visibility with over 300 feet of frontage and exposure along Darrow Road (SR-91) with 16,673 vehicles per day. The site combines strong traffic counts, substantial frontage, on-site utilities, and is adjacent to new residential development with proximity to established neighborhood retail and service users. In addition to the immediate site fundamentals, Hudson’s ongoing planning efforts for the South Darrow corridor suggest continued long-term focus on reinvestment and corridor evolution, which may further support commercial demand in this area. The Property benefits from favorable Outer Village Commercial Corridor and Office Overlay zoning , allowing for a wide range of potential uses including retail, restaurant, bank, office, medical, car wash (conditional), and others.
Hudson, Ohio is an affluent, high-barrier suburban submarket strategically located between Cleveland and Akron, offering commercial real estate investors access to one of Northeast Ohio’s more established and business-friendly communities. The city supports a broad employment base with more than 900 businesses, while recent land-use changes and active economic development efforts are intended to make new development faster and easier. Hudson also offers a mix of office, flex, and industrial business park environments, and its 91-acre Hudson Innovation Park recently received SiteOhio Authenticated designation, reinforcing the city’s long-term growth and expansion potential. The Property's location further benefits from strong demographics with a population of ±76,390 and an average household income of $140,609 within a 5-mile radius. For investors unfamiliar with the area, Hudson combines strong household incomes, limited suburban competition, and regional connectivity within the larger Northeast Ohio economy.

Property Facts

Price $239,372 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 2.82 AC

1 Lot Available

Lot

Price $239,372 CAD
Price Per AC $84,883.69 CAD
Lot Size 2.82 AC

Over 300 feet of frontage. Excellent visibility on Darrow Road (S.R. 91). All utilities on site.

Description

Located just south of Downtown Hudson. Traffic Count: 17,153 vehicles per day. Adjacent to brand new single-family home development (Darrow Road townhomes).

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
30-03001
Land Assessment
$84,410 CAD
Improvements Assessment
$0 CAD
Total Assessment
$84,410 CAD
  • Listing ID: 29459545

  • Date on Market: 2023-09-07

  • Last Updated:

  • Address: Darrow Rd, Hudson, OH 44236

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