1093 Tallmadge Rd Kent, OH 44240
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.