Technical
Financial
Distress signals
Property profile

1093 Tallmadge Rd Kent, OH 44240

FOR SALE
Commercial land
Property ID
US66-2915365
49.32 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 50.939-acre parcel, located at 1093 Tallmadge Road in Kent, Ohio (zip code 44240), presents a unique investment opportunity. Situated in Portage County, this property boasts significant frontage on Tallmadge Road and enjoys high visibility due to its proximity to Interstate 76. Previously the site of the Green Hills Golf Course, the land is zoned TC (Town Center) and offers considerable potential for diverse development projects. The parcel surrounds the Redwood Apartment Community, providing a built-in residential element. Utilities are readily available, including Portage County Water and Sewer, OE Electric, and DEO Gas. The property's APN is 04-033-00-00-012-000|3, 04-033-00-00-012-001|2. The asking price is $1,350,000. This expansive tract offers developers a rare chance to create a significant project in a desirable location with excellent access and visibility. Detailed information regarding zoning regulations and development possibilities is available upon request. The property's strategic location and substantial size make it an ideal candidate for a variety of commercial or residential ventures.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 49.32 ac (2,148,423 SF)
APN 04-033-00-00-012
UPID US66-2915365

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1093 Tallmadge Rd Kent, OH 44240
Kent metro Census 601702 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k

Owner & transaction history

since 2024
Last sale
$800,000
4 recorded transactions
2024
$800,000
2024
Price N/A
2020
Price N/A
2020
$830,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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