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    4494 State Route 43 Kent, OH 44240

    Sponsored
    For Sale
    $1,500,000

    16,000 SF, 1.77 Acres, High Traffic

    Property size:
    16,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 16,000+ square foot commercial building presents a rare investment opportunity in Kent, Ohio. Situated on a 1.77-acre lot with 250 feet of frontage on State Route 43, this property boasts unparalleled visibility to an estimated 25,000 vehicles daily. Constructed in 2006, the building features a striking masonry and stucco façade, inviting storefront windows, and seven convenient front entrances. Ample parking is provided with approximately 94 spaces. Currently, half of the building (8,000+ square feet) is leased to Cleveland Clinic Express Care, providing a stable income stream. The remaining 8,000+ square feet is available for lease and zoned for a variety of uses, including restaurants, grocery stores, banks, offices, and warehousing. Its prime location offers easy access to I-76 and is surrounded by complementary businesses, including gas stations, hotels, restaurants, apartment buildings, and housing developments, including the luxury Redwood Apartments. This highway commercial property offers a unique blend of existing income and significant development potential. The zoning designation is Highway Commercial. Don't miss this chance to acquire a high-traffic, well-located commercial asset.

    Property Features for 4494 State Route 43

    General Information

    Property type
    Other commercial real estate
    Square Feet
    16,000 SF
    Lot Size
    77,101 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.34692
    Latitude
    41.11211

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    FAQs

    What type of property is this?
    Commercial real estate - 16,000 SF, 1.77 Acres, High Traffic
    Where is this commercial real estate located?
    The property is located at 4494 State Route 43 Kent, OH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (330) 835-4900
    Request Owner's contact information
    4494 State Route 43 Kent, OH 44240
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    Kent, OH 44240
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    Realmo Value Estimation

    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.

    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.

    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
    4494 State Route 43 Kent, OH 44240
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