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    Property profile & analytics

    223 Water St Kent, OH 44240-2420

    • Office Properties & Spaces
    • 2,160 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    May 06, 2020
    Location Intelligence
    Property ID
    US66-1504077
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The One Center / Retreat Center
    • Dirty Skate Co / Skateboard Shop / Clothing Store
    • Kentsuites.Com / Apartment Rental Agency / Website Designer

    Property Details for 223 Water St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    2,160 SF
    Property type
    Office Properties & Spaces
    APN
    17-024-20-00-044
    APU
    170242000044

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.3579
    Latitude
    41.1553
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,809
    $5,670
    $35,110
    $40,780
    -
    $16,200
    $100,300
    $116,500

    Comparable in this City

    • Value Estimation by Request
      1 SF

      4217 State Route 43

      Restaurants • 1 SF
      4217 State Route 43, Kent, OH 44240
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    • Value Estimation by Request
      2,778 SF

      418 Water St

      OFFICE (GENERAL) • 2,778 SF
      418 Water St, Kent, OH 44240-2443
      View Details
    • Value Estimation by Request
      77,000 SF

      100 Erie St

      Restaurants • 77,000 SF
      100 Erie St, Kent, OH 44240
      View Details
    • Value Estimation by Request
      7,983 SF

      2000 Smt Rd

      OFFICE (GENERAL) • 7,983 SF
      2000 Smt Rd, Kent, OH 44240-7140
      View Details
    • Value Estimation
      $410,000
      9,000 SF

      Main

      OFFICE (GENERAL) • 9,000 SF
      Main, Kent, OH 44240
      View Details
    • Value Estimation
      $235,000
      6,832 SF

      3982 State Rte 43

      OFFICE (GENERAL) • 6,832 SF
      3982 State Rte 43, Kent, OH 44240-6556
      View Details

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    Similar Nearby for Lease

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      University Plaza: Retail & Office Space

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      Retail/Office Space Near Kent State

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      Two office buildings with vacancies on a high-traffic road.
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      Office space available at signalized corner in Kent, Ohio.
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    223 Water St
    Kent, OH 44240-2420
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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
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