Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    State Rte 43 Kent, OH 44240
    Back to Search
    Property profile & analytics

    State Rte 43, Kent, OH 44240

    View on Map
    • Specialty properties
    • 0.64 lot acres
    Off-Market
    Property ID
    US66-3501422
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for State Rte 43

    Lot size
    0.64 lot acres
    Property type
    Specialty properties
    APN
    04-041-00-00-017
    APU
    40410000017

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 30, 2026 — 3956 State Route 43 LLC Diamond Waterfronts INC Warranty Deed —
    Nov 22, 2022 — The Cornerstone Landscaping Co INC — Deed · related $126k · Five Points Bank Of Hastings
    Nov 14, 2014 $150,000 Cornerstone Landscaping Co INC Jrs Global Investments INC Grant Deed $120k · Citizens Bkng
    Jul 7, 2014 — JR S Global Investments INC Lula Bells Old Fashioned Hambu Quit Claim Deed · related —
    Dec 29, 2008 — Lula Bells Old Fashioned Hamb Ridennour,james Quit Claim Deed · related —
    Mar 1, 2002 $170,000 Fraternal Order Of Eagle Aerie Ridel,john Grant Deed $156k · Home Savings Bank Fsb
    — — Cornerstone Landscaping Co INC — Deed Of Trust · related $150k · Civista Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.3457
    Latitude
    41.097
    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
    $549
    $7,350
    $0.00
    $7,350
    -
    $21,000
    $0.00
    $21,000

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      Virginia

      CHARITABLE ORGANIZATION
      Virginia, Kent, OH 44240
      View Details
    • Value Estimation by Request
      0.12 Acres

      Columbus

      CHARITABLE ORGANIZATION
      Columbus, Kent, OH 44240
      View Details
    • Value Estimation by Request
      0.10 Acres

      Franklin

      CHARITABLE ORGANIZATION
      Franklin, Kent, OH 44240
      View Details
    • Value Estimation by Request
      1,872 SF

      717 Silver Mdws Blvd

      CHARITABLE ORGANIZATION
      717 Silver Mdws Blvd, Kent, OH 44240-1919
      View Details
    • Value Estimation by Request
      1,872 SF

      733 Silver Mdws Blvd

      CHARITABLE ORGANIZATION
      733 Silver Mdws Blvd, Kent, OH 44240-1919
      View Details
    • Value Estimation by Request
      1,632 SF

      1540 Benjamin Ct

      CHARITABLE ORGANIZATION
      1540 Benjamin Ct, Kent, OH 44240-4318
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,912 SF

      Commercial Property for Sale

      Commercial property available for sale.
      222 Martinel Dr, Kent, OH 44240
      View Details
    • $595,000
      3.98 Acres

      Brimfield Commercial Land - 3.98 Acres

      Prime Commercial Land, Brimfield, OH
      0 Kelso Dr, Kent, OH 44240
      View Details
    • Contact for pricing

      1.33 Acre Development Opportunity

      1.33 acre commercial land for sale with high visibility.
      496 Tallmadge Rd, Kent, OH 44240
      View Details
    • $36,000

      Commercial/Residential Land in Kent

      Half acre commercial/residential land in Kent City School district.
      Brady Lake Rd, Kent, OH 44240
      View Details
    • Contact for pricing
      5,000 SF

      Retail Property on 5.08 Acres

      7,765 SF retail building on 5.08 acres for sale.
      2108 State Route 59, Kent, OH 44240
      View Details
    • Contact for pricing
      3,992 SF

      Kent Mixed-Use Redevelopment Opportunity

      Landmark Kent property with redevelopment potential near downtown and KSU.
      103 Lake St, Kent, OH 44240
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Retail Space Near Kent State

      Retail space for lease near Kent State University.
      2108 State Route 59, Kent, OH 44240
      View Details
    • Contact for pricing

      Community Center Retail Opportunity

      Community center with retail, restaurant, and service tenant mix.
      1410 S Water St, Kent, OH 44240
      View Details
    • Contact for pricing

      Warehouse/Light Manufacturing Space Available

      12,000 SF warehouse/light manufacturing space near I-76.
      1 Holiday Dr, Kent, OH 44240
      View Details
    • Contact for pricing

      Retail Spaces Near Kent State

      Retail spaces available near Kent State University campus.
      2500 Oh-59, Kent, OH 44240
      View Details
    • Contact for pricing
      2,330 SF

      Retail Spaces in Kent, Ohio

      Multiple retail spaces available in Kent, Ohio shopping center.
      3975 Cascades Blvd, Kent, OH 44240
      View Details
    • Contact for pricing
      7,895 SF

      Retail/Office Space Near Kent State

      Retail or office space near Kent State University.
      1830 E Main St, Kent, OH 44240
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    State Rte 43
    Kent, OH 44240
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    State Rte 43, Kent, OH, 44240
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!