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    4494 State Rte 43 Kent, OH 44240-8206

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    4494 State Rte 43 Kent, OH 44240-8206


    • Strip malls
    • 16,000 SF
    • 3.66 lot acres
    Off-Market
    Last Sale Feb 11, 2025
    $1,500,000
    Property ID
    US66-5356775
    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.

    Value Estimations
    $1,385,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 4494 State Rte 43

    Year built
    2006
    Lot size
    3.66 lot acres
    Property size
    16,000 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    04-023-00-00-049
    APU
    40230000049

    Description

    This exceptional 8,000-square-foot flex space in Kent, Ohio, presents a compelling opportunity for businesses seeking a prime location. Situated on 3.641 acres at 4494 State Route 43, this single-story, 2006-built Class B building offers a versatile layout ideal for a variety of uses. The property features approximately 4,700 square feet of warehouse space with a bay door, complemented by 3,300 square feet of office space. The attractive masonry and stucco exterior, accented by storefront windows and formal gables, provides excellent curb appeal. Benefitting from 250 feet of frontage on State Route 43, the property enjoys high visibility to the 25,000 vehicles passing daily. Its strategic location near Interstate 76 ensures easy accessibility, while its proximity to a Cleveland Clinic Express Care Clinic, Kent State University (with 27,000 students), and numerous amenities including gas stations, hotels, restaurants, and residential developments, provides a strong customer base and convenient access for employees. The property is available for lease at $14.00 per square foot, commencing November 1, 2023. The Portage County location, within the rapidly growing Brimfield area, makes this an ideal space for both national chains and local businesses. The property's parcel number is 04-023-00-00-049-000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,250,000
      ML approach
      $1,300,000
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,985,000
      OFFICE BUILDING
      $1,970,000
      COMMERCIAL (GENERAL)
      $1,510,000
      RESTAURANT
      $1,395,000
      APARTMENT HOUSE (5+ UNITS)
      $1,380,000
      AUTO REPAIR, GARAGE
      $1,205,000
      MEDICAL BUILDING
      $1,035,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.3476
    Latitude
    41.1121
    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
    $29,950
    $115,780
    $302,120
    $417,900
    -
    $330,800
    $863,200
    $1,194,000
    More about this property
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