Slates/Golf Course Parcels

Property Detail & Examination

Kent, Franklin Township, and Ravenna Township, OH

Orchard
Estates
Dollar Tree
Gamestop
Storage Snap Fitness
Zone
Spins
B
Klaben Bowl
Auto Walmart
Sorthbane
University of Inc. A C Pebblebrook
Chiropractic & Wellness
Apts.

City of Kent D E
Water
Treatment Plant
Training Area
F
G

I H
Map Description Parcel # Acres Current County Valuation Notes
A. Lot 20, Powder Mill Road, 12-020-00-00-033-000 6.93 $184,600 Zoned C-1
Kent/Franklin Township
B. Lot 36SW, Powder Mill Road 12-019-00-00-002-001 2.30 $23,000 Zoned C-1
Kent/Franklin Township
C. Lot 19N, 2346 SR 59 12-019-00-00-002-000 39.47 $1,876,000 Upper Zoned C-1
Kent/Franklin Township Lower Zoned R-1

D. Lot 19S, SR 59 12-019-00-00-005-000 64.87* $648,700 Upper Zoned R-1

Kent/Franklin Township Lower Zoned O-C
Some Wetlands
E. Lot 57 Div S, SR 59, Ravenna 29-357-00-00-025-000 15.16 $60,000 Zoned Residential
Low, Wetlands
F. Div S Lot 58NW, Ravenna 29-358-00-00-005-000 0.73 $2,900 Zoned Residential
Low, Wetlands
G. Cor Lot 19SE 12-019-00-00-006-000 0.81 $8,100 Zoned R-1
Kent/Franklin Township
H. Lot18NE, Powder Mill Road 12-018-00-00-001-002 4.40 $13,200 Zoned R-1
Kent/Franklin Township
I. Lot 19-8 Abandoned 12-018-00-00-002-003 5.86 $17,600 Zoned R-1
Kent/Franklin Township
Totals 140.53
Morgan Parcels
Property Detail & Examination
Kent & Brimfield Township, OH

WKSU
Kent State
University
Kingdom Facilities Summit East
Hall Parking Dix Stadium
East Parking
Townhomes

A B Christian
E Life Center
University
Townhomes
Whitehall
Terrace Apt. D C
F

Map Description Parcel # Acres Current County Valuation Notes

A. University Townhomes, Block A 17-003-10-00-062-000 3.79 $113,600 Zoned R-3
Summit Road, Kent
B. University Townhomes, Block B 17-003-10-00-063-000 8.04 $160,800 Zoned R-3
5439 Burnett Road, Kent
C. University Townhomes, Block C 17-003-10-00-064-000 5.62 $225,000 Zoned R-3
Summit Road, Kent
D. University Townhomes, Block D 17-003-10-00-065-000 11.50 $229,900 Zoned R-3
Summit Road, Kent
E. Lot 7N 04-007-00-00-008-000 2.44 $12,200 Zoned R-3
Burnett Road, Kent
F. University Townhomes, Block E 17-003-10-00-066-000 2.16 $5,400 Zoned R-2
Summit Road, Brimfield Township
Totals 33.55
Alliance Homes Lange Parcels
Property Detail & Examination
Kent, OH

Tower 43

Marc’s

Campus Center
Sports Complex

Mike’s University
Place Hospitals

Bob Evans
B(w) B(e)

A
C

Current County Potential

Map Description Parcel # Acres Valuation Notes Disposition Value
A. Lot 5, Melroy Road, Kent 45-005-00-00-015-000 7.40 $81,590 Zoned R-1
B(e). East - Lots 4 & 5 Zoned U
1750 W. Campus Ctr. Drive, Kent
45-005-00-00-010-000 36.76 $2,019,000 Zoned U
B(w). West - Lot 4 & 5
1750 W. Campus Ctr. Drive, Kent 13,684 sf*

C. 1257 Melroy Road, Kent 45-005-00-00-016-000 0.64 $20,200 Zoned R-1

Totals 44.80

*25-Year lease commencing 8/1/18 to NETO for 7.82 acres with 13,684 square-foot building at $1 per year. No Value.
Kibler Parcels
Property Detail & Examination
Brimfield Township, OH

Dillon Auto
Services A

B
Pizzutes
C
Battaglia’s
Garden Center
Outpost Concert Club

Oil Well &

Access Road

Portage
Motors

Current County Potential

Map Description Parcel # Acres Valuation Notes Disposition Value
A. Lot 5, 5036 SR 43 04-005-00-00-035-001 27.83 $401,700 Zoned G-C
Brimfield Township
B. Lot 14N 04-014-00-00-019-000 3.91 $115,900 Zoned G-C
Brimfield Township
C. Lot 14N, 4902 Sherman Road 04-014-00-00-028-000 11.21 $50,400 Zoned G-C
Brimfield Township
Totals 42.95
Based on information received by KSU, oil well may be providing annual income in the range of $1,500-$2,000 per year.
 South of Stadium Parcels
Property Detail & Examination
Franklin Township, OH

Dix
Stadium

University Christian Life

Town Homes Center Portage Area
Regional
Transit
B
Summit Authority A
Garden
Assoc.
C

University
Retirement
Center

Current County
Map Description Parcel # Acres Valuation Notes
A. Lot2S-1, Summit Road 12-002-00-00-004-000 3.52 $50,300 Zoned R-1
Franklin Township
B. Lot 2S-2, Summit Road 12-002-00-00-004-003 0.86 $12,700 Zoned R-1
Franklin Township
C. Lot2S-3, Cline Road 12-002-00-00-004-002 4.11 $54,200 Zoned R-1
Franklin Township
Totals 8.49
Notes: Parcels subject to ground lease through December 2042 with annual payments currently estimated at $9,765 and subject to annual increases at 80% of CPI. Tenant
holds an option to purchase based on appraised value. Tenant has not made payments in years, and KSU is in the process of voiding this lease obligation

Current County Potential

Map Description Parcel # Acres Valuation Notes Disposition Value
University Retirement Center 12-002-00-00-004-001 8.67 $34,000 Residential (1998 sale price
04-008-00-00-007-000 25.30 $126,400 Agricultural $250,000)