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    Town Square Dr Kent, OH 44240

    Sponsored
    For Sale
    $229,000

    1.52 Acres, Shovel-Ready, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.52-acre commercial land parcel presents a remarkable investment opportunity in Brimfield, Ohio. Located in Portage County, at the address of Town Square Dr, zip code 44240, this property is ideally situated near major roadways for convenient access and boasts a "shovel-ready" status, minimizing development delays. The land is zoned Town Center, offering a wide array of potential uses. Its proximity to existing retail establishments and new developments ensures high visibility and strong potential for future growth. The asking price for this strategically located parcel is $229,000. This lot is contiguous with a 1.73-acre parcel, allowing for the possibility of acquiring a combined 3.22 acres. The property's location near the Brimfield Plaza further enhances its desirability. This represents a rare chance to acquire a well-positioned commercial lot in a thriving area, ready for immediate development. The latitude and longitude coordinates are 41.101844 and -81.344369 respectively. This is a highly sought-after location with excellent potential for a variety of commercial ventures. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area.

    Property Features for 0 Town Square Dr

    General Information

    Property type
    Land
    Lot Size
    66,211 SF

    HighLights

    • $229,000 asking price for 1.52 acres of commercial land.
    • Shovel‑ready lot in Brimfield, OH.
    • Convenient highway access.
    • Close proximity to retail and new development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.344369
    Latitude
    41.101844

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    FAQs

    What type of property is this?
    Land - 1.52 Acres, Shovel-Ready, Prime Location
    Where is this land located?
    The property is located at Town Square Dr Kent, OH.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: $229,000 asking price for 1.52 acres of commercial land.; Shovel-ready lot in Brimfield, OH.; Convenient highway access.
    (330) 620-0799
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    Town Square Dr 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
    Town Square Dr Kent, OH 44240
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