4574 State Rte 43 Kent, OH 44240-6924
This exceptional single-story commercial property, located at 4574 State Route 43 in Kent, Ohio, presents a compelling investment opportunity. The 1,617 square foot building, constructed in 1935 and renovated in 1996, sits on a sizable 0.43-acre lot at the corner of Route 43 and Brimfield Road, ensuring excellent visibility and accessibility. Classified as a Class C property, it offers a single tenancy configuration, ideal for a variety of uses. The property's versatile nature makes it suitable for office, retail, or other commercial ventures. Its prime location in Portage County, Ohio, with a 44240 zip code, provides easy access to a thriving community. The building's substantial size and prominent location make it an attractive option for businesses seeking high visibility and ample space. The property's APN is 04-023-00-00-046-000. This is a rare opportunity to acquire a well-maintained commercial property in a desirable location with significant potential for growth. The asking price is $259,000.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.