2296 State Rte 59Kent, OH 44240

  • Hospitality properties
  • 1,546 SF
Off market
$221,539 Estimated

Property Details for 2296 State Rte 59

Year built
1955
Lot size
4.89 AC
Property size (Sq ft)
1,546 SF
Property type
Hospitality properties
Property subtype
Motels
APN
12-020-00-00-035
APU
120200000035

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $333,951
    6.5%
    $308,262
    7%
    $286,243
  • Comparable approach

    Method
    Valuation
    Relative Method
    $339,840
    Geo Method
    $339,840
  • Alternative Use

    Use
    Valuation
    Residential
    $336,533
    Hospitality
    $308,262
    Educational
    $256,471
    Medical
    $265,291
    Retail
    $398,954
2296 State Rte 59, Kent, Ohio

Location Insight

City
Kent
County
Portage
State
Ohio
Latitude
41.1561
Longitude
-81.3107
CBSA code
10420
CBSA name
AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $82,460
  • Assessed land value
    $100,630
  • Assessed value
    $183,090
  • Tax year
    2023
  • Tax bill
    $12,938

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