496 Tallmadge Rd Kent, OH 44240
- Retail space
- 1,912 SF
- 1.33 lot acres
Current Use by Public Records
- Retail space
Property Details for 496 Tallmadge Rd
- Year built
- 1965
- Lot size
- 1.33 lot acres
- Property size
- 1,912 SF
- Property type
- Retail space
- APN
- 04-038-00-00-018
- APU
- 40380000018
Description
This exceptional 1.33-acre commercial land parcel presents a prime development opportunity in Kent, Ohio. Located at 496 Tallmadge Road, the property boasts unparalleled visibility and accessibility, situated directly adjacent to the I-76 exit ramp. With a daily traffic count of over 53,900 vehicles on I-76 and an additional 17,060 on Tallmadge Road, this site offers unmatched exposure for any commercial venture. The property features a highly visible monument sign, maximizing brand awareness. The flexible G-C General Commercial zoning allows for a diverse range of uses, including car washes, restaurants, self-storage facilities, retail stores, offices, and more. Water and sewer services are readily available. The APN is 04-038-00-00-018-000. This is an exceptional opportunity to capitalize on a high-traffic location with significant development potential. The asking price for this strategically located property is $595,000. Don't miss this chance to secure a prominent commercial site in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $370,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $310,000
- Mixed-Use
- $365,000
- Hospitality
- $415,000
- Educational
- $295,000
- Residential Income
- $380,000
- Energy
- $380,000
- Income-Based Land
- $375,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Kent
- County
- Portage
- State
- Ohio
- Longitude
- -81.3754
- Latitude
- 41.0999
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA