4222 State Route 43, Kent, OH 44240
SINGLE_FAMILY - Kent, OH
Property Features for 4222 State Route 43
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a 0.24-acre lot at 4222 State Route 43 in Kent, Ohio 44240. Public water and public sewer services are available.
Built in 1984, this is a straightforward option for an office user seeking a specific, move-in-ready unit configuration within a smaller multi-unit structure.
Key Highlights
- 1,176 SF Office Unit B available
- Two‑unit office building
- 0.24‑acre lot at 4222 State Route 43, Kent, OH 44240
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.3k | $21.48 |
| − Vacancy | −$6.0k | −$5.13 |
| EGI | $19.2k | $16.35 |
| − OpEx | −$4.8k | −$4.09 |
| NOI | $14.4k | $12.26 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 44240, OH
Market
Vacancy Rate% for Office in Midwest region