4386 State Rte 43Kent, OH 44240

  • Hospitality properties
  • 17,904 SF
Off market
$507,438 Estimated

Property Details for 4386 State Rte 43

Year built
1997
Lot size
0.76 AC
Property size (Sq ft)
17,904 SF
Property type
Hospitality properties
Property subtype
Motels
APN
04-023-00-00-056
APU
40230000056

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,867,434
    6.5%
    $3,569,940
    7%
    $3,314,944
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,935,640
    Geo Method
    $3,935,640
  • Alternative Use

    Use
    Valuation
    Residential
    $3,897,337
    Hospitality
    $3,569,940
    Educational
    $2,970,148
    Medical
    $3,072,296
    Retail
    $4,620,230
4386 State Rte 43, Kent, Ohio

Location Insight

City
Kent
County
Portage
State
Ohio
Latitude
41.1094
Longitude
-81.3475
CBSA code
10420
CBSA name
AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $364,630
  • Assessed land value
    $54,740
  • Assessed value
    $419,370
  • Tax year
    2023
  • Tax bill
    $29,922

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