Signalized-Corner Automotive
New
For Sale
Contact for pricing
515 South Water Street, Kent, OH 44240
The property is near Kent State University at a signal-controlled intersection.
Property SizeContact for details
Days on Market5
Property Features for 515 South Water Street
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Road Access
Yes
Additional Details
Cap Rate
7.7%
Listing Agency:
Matthews
Listed By:
Connor Knauer · License #413436
Source:
Crexi
Added: Sep 21
Changed: Sep 24
Last Checked: Sep 24 at 2:48PM
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 Matthews
Investment Insights
Based on property information with market context.
This automotive property is identified with Advance Auto Parts and is positioned at a signalized corner on South Water Street in Kent, Ohio. Its setting near Kent State University adds a clear point of geographic reference.
The property is marketed with a 7.70% cap rate.
The property is marketed with a 7.70% cap rate.
Key Highlights
- Advance Auto Parts property
- Signalized corner location on South Water Street
- Near Kent State University
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,010
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
Chipotle Mexican Grill
Dining
16,494 visits/mo
0.5 miles
Dunkin' Donuts
Dining
15,037 visits/mo
0.4 miles
Wendy's
Dining
13,214 visits/mo
0.4 miles
Five Guys
Dining
6,729 visits/mo
0.5 miles
FedEx Office Print & Ship Center
Shops & Services
3,861 visits/mo
0.4 miles
Demographics for 44240, OH
38,354
Population
20,228
Households
1.9
Avg Household Size
32
Median Age
44%
College-Educated
96%
High-School Grad
39.7 sq mi
ZIP Area
966
Density / Sq Mi
$57,415
Median Household Income
$31,613
Median Earnings
$989
Median Rent
$216,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Automotive property - The property is near Kent State University at a signal-controlled intersection.
Where is this automotive property located?
The property is located at 515 South Water Street Kent, OH.
What is the asking price?
The asking price for this property is $1,084,000.
What are key features of this property?
This property features: Advance Auto Parts property; Signalized corner location on South Water Street; Near Kent State University
