Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    166 Tallmadge Road Kent, OH 44240

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $300,000

    0.55 acre commercial lot with frontage on Tallmadge Road.

    Type:Land
    Property size:
    1,288 SF
    Lot size:
    0.55 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    65
    Last Refresh:
    Mar 26 at 12:41 am

    Property Features for 166 Tallmadge Road

    General Information

    Standard status
    Active
    Size
    1,288 SF
    Lot size
    0.55 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Graydon Fox
    Graydon Fox

    Listing agent Graydon Fox License #OH #SAL2019006700

    Listing office SVN Summit Commercial Real Estate Advisors

    Listing date Jan 27, 2026

    Source Svnsummitcommercial

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SVN Summit Commercial Real Estate Advisors

    Overview

    Commercial Lot on Tallmadge Road

    The subject property is a 0.55-acre lot located on Tallmadge Road in Brimfield, Ohio. It features approximately 80 feet of frontage and a depth of 266 feet. Zoned for general commercial use, the property is suitable for various users. The property also includes a 1,288 SF residential house. The location is approximately a 5-minute drive from Interstate 76. The adjacent three lots are also available for sale, offering a combined frontage of 480 feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.388
    Latitude
    41.1002

    Nearby Similar for Sale

    • $215,000
      2,100 SF

      Income-Producing Multifamily Near Kent State

      Multifamily property near Kent State, ideal for rental income.
      209 Dodge Street, Kent, OH 44240
      View Details
    • $320,000
      2,964 SF

      Kent, OH Four-Unit Multifamily Property

      Four-unit investment property with solid rental history near schools.
      1302 Walnut Street, Kent, OH 44240
      View Details
    • $659,000
      1,708 SF

      Highway Commercial Property For Sale

      1,708 SF building on 0.92 acres in high-traffic area.
      4260 State Route 43, Kent, OH
      View Details
    • $850,000
      3,992 SF

      Kent Mixed-Use Redevelopment Opportunity

      Landmark Kent property with redevelopment potential near downtown and KSU.
      103 Lake Street, Kent, OH 44240
      View Details
    • $630,000
      6 SF

      6.3 Acre Commercial Land Parcel

      Located in a regional power center with high traffic counts.
      4050 Cascades Boulevard, Kent, OH, 44240
      View Details
    • $500,000
      1 SF

      1.33 Acre Development Opportunity

      1.33 acre development opportunity with high visibility and traffic.
      496 Tallmadge Rd, Kent, OH 44240
      View Details
    • $350,000
      1,510 SF

      Versatile Commercial Land Near I-76

      Integrated commercial land suitable for retail, office, or residential development.
      136 Tallmadge Road, Kent, OH 44240
      View Details
    • $395,000

      Kent, OH Commercial Land

      5-acre commercial land near I-76 with development potential.
      124 Tallmadge Road, Kent, OH 44240
      View Details
    • $600,000

      Commercial Land Near I-76

      5-acre commercial land with development potential near retail establishments.
      112 Tallmadge Road, Kent, OH 44240
      View Details
    • $1,250,000

      Kent, OH Commercial Land

      Two lots totaling 5.64 acres in Kent, Ohio.
      4363 State Route 43, Kent, OH 44240
      View Details
    • $899,000
      12,520 SF

      Renovated Aurora Warehouses with Expansion Potential

      Recently renovated warehouses on 3.01 acres with expansion potential.
      11415 Chamberlain Rd, Kent, OH
      View Details
    • $950,000
      7,765 SF

      Retail Property on 5.08 Acres

      7,765 SF retail building on 5.08 acres for sale.
      2108 sr 59, Kent, OH
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.55 acre commercial lot with frontage on Tallmadge Road.
    Where is this commercial land located?
    The property is located at 166 Tallmadge Road Kent, OH.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: General commercial zoning allows for diverse business opportunities.; Convenient location: a quick 5‑minute drive to Interstate 76.; 0.55 acre lot with **80 feet of frontage on Tallmadge Road.**
    (330) 703-5283
    We can help!
    Listing Contact
    Graydon Fox
    Graydon Fox
    Real Estate License ID: OH #SAL2019006700
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!