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    166 Tallmadge Rd Kent, OH 44240

    Sponsored
    For Sale
    $300,000

    Prime Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.55-acre commercial lot, located at 166 Tallmadge Road in Kent, Ohio (zip code 44240), presents a unique investment opportunity. Situated in Portage County, this property boasts approximately 80 feet of frontage and 266 feet of depth, offering significant potential for various commercial ventures. The lot is zoned for general commercial use, providing flexibility for a wide range of businesses. The asking price is $300,000. A key advantage is the high visibility afforded by its location on Tallmadge Road. While currently featuring a 1,288 square foot residential house, the zoning allows for its removal or repurposing to suit the buyer's needs. This presents a chance to develop a new commercial building or adapt the existing structure. Furthermore, the potential for expansion is enhanced by the availability of three adjacent lots for sale, collectively offering an additional 480 feet of frontage. This presents a rare opportunity to acquire a substantial commercial footprint in a desirable location. The property's coordinates are 41.1000913 latitude and -81.3877334 longitude.

    Property Features for 166 Tallmadge Rd

    General Information

    Property type
    Land
    Lot Size
    23,958 SF

    HighLights

    • 0.55‑acre commercial lot in Kent, OH (44240) for $300,000.
    • 80' frontage and 266' depth on Tallmadge Road, offering high visibility.
    • Zoned for general commercial use, allowing flexibility for various businesses.
    • Includes a 1,288 sq ft house, removable or repurposable.
    • Three adjacent lots available, adding 480' of potential frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -81.3877334
    Latitude
    41.1000913

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, High Visibility
    Where is this land located?
    The property is located at 166 Tallmadge Rd 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: 0.55-acre commercial lot in Kent, OH (44240) for $300,000.; 80' frontage and 266' depth on Tallmadge Road, offering high visibility.; Zoned for general commercial use, allowing flexibility for various businesses.
    (234) 231-0229
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    166 Tallmadge Rd 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
    166 Tallmadge Rd Kent, OH 44240
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