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Property profile & analytics
FOR SALE
Community centers

4050 Cascades Blvd Kent, OH 44240

10,162 SF 1.46 ac lot Built 2007
Entity Owned 9-yr Hold Free & Clear
Property ID
US66-5201003
Property summary
AI-generated overview

Exceptional opportunity to acquire a 6.3-acre commercial land parcel situated within the thriving Cascades of Brimfield Power Center in Kent, Ohio (44240). This strategically located property, priced at $630,000 ($100,000/acre), boasts a Town Center District (T-C) zoning designation. The site is ideally positioned between Lowe's and Kohl's, two major anchors of this 650,000 square foot regional power center. Benefit from high visibility and accessibility with approximately 364 feet of frontage along I-76, a major thoroughfare experiencing 56,522 vehicles per day. Two signalized access points along Tallmadge Road provide convenient ingress and egress. This high-traffic location offers immediate access to I-76 (Exit 31), placing your development within easy reach of a substantial consumer base. The surrounding area includes other prominent retailers such as Walmart Supercenter, Marshall's, Petco, Five Below, Meijer, and Menards, creating a robust and established retail environment. This presents a rare chance to develop and invest in a high-volume power center with top-tier co-tenancy. The property's address is 4050 Cascades Blvd, Kent, OH 44240.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2007
Total area 10,162 SF
Lot 1.46 ac (63,728 SF)
APN 04-037-00-00-003-028
UPID US66-5201003
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dairy Queen Grill & Chill Restaurant Take-out & Catering
  • Cascades of Brimfield (Bike/Boat/Book/etc) Store Pharmacy
  • AT&T Store Mobile Phone Store Electronics & Wireless Store
  • GameStop Arcade & Gaming Center Electronics & Wireless Store
  • Smoke City (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cascades LLC · 9 yrs held
Cascades LLC
since 2017
2 recorded transactions
2021
Price N/A
2017
$625
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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