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    4217 State Route 43 Kent, OH 44240

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    For Sale
    Contact for pricing

    Prime Kent, OH Restaurant Land - 45 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 45.46-acre property, located at 4217 State Rte. 43 in Kent, Ohio (Portage County, zip code 44240), presents a unique investment opportunity in the thriving hospitality sector. The land is zoned for retail and restaurant use, offering significant potential for development. Its expansive size allows for a large-scale restaurant project or a mixed-use development incorporating additional retail components. The property's strategic location in Kent, Ohio provides excellent visibility and accessibility, ensuring high traffic volume and potential customer reach. The site's latitude and longitude coordinates are 41.1043189 and -81.3469201 respectively. This is a rare opportunity to acquire a substantial parcel of land ideally suited for a significant restaurant venture or a multifaceted commercial development. The property's classification includes retail, hospitality, and land designations, reflecting its versatility and potential for diverse uses. Serious inquiries are encouraged to explore the possibilities this prime location offers. The property is currently for sale and presents a compelling investment prospect for those seeking a substantial land holding in a desirable Ohio market. Detailed site plans and zoning information are available upon request. This is a blank canvas for a visionary restaurant or commercial development.

    Property Features for 4217 State Route 43

    General Information

    Property type
    Restaurants
    Lot Size
    1,980,238 SF

    HighLights

    • 45.6‑acre site
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.3469201
    Latitude
    41.1043189

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    FAQs

    What type of property is this?
    Restaurant - Prime Kent, OH Restaurant Land - 45 Acres
    Where is this restaurant located?
    The property is located at 4217 State Route 43 Kent, OH.
    What are key features of this property?
    This property features: 45.6-acre site; ;
    Request Owner's contact information
    4217 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
    4217 State Route 43 Kent, OH 44240
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