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4217 State Rt 43 - Brimfield Crossings 40.3 Acres of Commercial Land in Kent, OH 44240

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INVESTMENT HIGHLIGHTS

  • www.SchipperGroup.com/portfolio/bcl/aerial-avs1.htm
  • 626' of frontage on SR-43 (15,000 cars/day)
  • New traffic light (coming 2025). State Rte. 43 has been widened to 6 lanes in front of the site.
  • 1,700' of frontage on I-76 (50,000 cars/day)
  • New 5-lane boulevard ("Brimfield Crossings Drive") has been constructed into the development.

EXECUTIVE SUMMARY

Our 40-acre “Brimfield Crossings” interstate development is located in the heart of Brimfield Township (one of Portage County’s fastest growing communities), situated approximately 10 minutes east of the City of Akron. This shovel-ready property is favorably located on the southwest quadrant of the I-76 & State Rte 43 interchange (also known as the “Kent State University exit”), and features 2,000’ of highway frontage (50,000 cars/day). Interstate visibility and accessibility are excellent. The property is commercially zoned to allow for the development of office, medical, big box retail, restaurants, hotels, highway service, etc. The westernmost 32 acres additionally allows for multi-family use at a density of 12 units/acre.
SR-43 has been widened to 6 lanes in front of the property, including a continuous right-in lane into our development to accommodate high traffic volumes. We have already stubbed in and dedicated a new 5-lane entry drive which is served by a new traffic signal at our SR-43 intersection (to be fully activated in 2025 upon the opening of a new Discount Drug Mart store). The entire site has already been graded and is free of wetlands. All utilities are available at the site, with water, sewer and stormwater lines having already been installed. Gas and electric are present on Kaufman Drive and SR-43, and/or can be extended from SR-43 along Brimfield Crossings Drive once users are defined and those lines can be sized. The property can be subdivided as needed.
The site has regional proximity to multiple universities (including Kent State University, the University of Akron, and NEOMED), 2 commercial airports (Cleveland Hopkins International, Akron/Canton Regional), several major hospital networks, and numerous Fortune 500 companies. The property is positioned locally between the cities of Akron, Canton and Youngstown, and in a larger context it is regionally connected to Cleveland, Pittsburgh and Columbus. The region’s strengths include plastics, polymers, rubber, specialty chemicals, liquid crystals, biomedical research & manufacturing, metalworking, automotive supply chain, publishing, and transportation / distribution.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Bank
  • Tienda de conveniencia
  • Daycare Centre
  • Drugstore
  • Fast Food
  • Healthcare
  • Medical
  • Neighbourhood Centre
  • Office Park
  • Research and Development
  • Restaurant
  • Service Station
  • Strip Centre
Total Lot Size 40.30 AC
Zoning Commercial - Commercially zoned for a wide variety of uses (see above).

1 LOT AVAILABLE

Lot

Lot Size 40.30 AC

Can be subdivided.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-032-10-00-001-006
  • 04-032-00-00-052-000
  • 04-032-00-00-053-000
Land Assessment
$710,410 CAD
Improvements Assessment
$3,706,641 CAD
Total Assessment
$4,417,051 CAD
  • Listing ID: 3787676

  • Date on Market: 2007-01-10

  • Last Updated:

  • Address: 4217 State Rt 43, Kent, OH 44240

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