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    9840 Ravenna Rd Twinsburg, OH 44087

    For Sale
    $399,000

    High-yield retail space, prime location.

    Property size:
    12,282 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 12,282 square foot retail property at 9840 Ravenna Road, Twinsburg, OH, presents a compelling investment opportunity. Previously a public library, this versatile building boasts a prime location in the heart of Twinsburg's town square, directly across the park from a Starbucks. Currently, a dance studio occupies 10,782 square feet, generating a monthly income of $4,500 on a month-to-month lease—significantly below market rate, presenting substantial upside potential for increased rental income. An additional 1,500 square feet of immediately leasable space is available, perfect for a variety of businesses. The property benefits from a recently installed paved parking lot and shared common area restrooms. The 0.39-acre lot ensures ample parking and visibility. Situated near major employers, including an Amazon fulfillment center, and other popular amenities, this property enjoys strong tenant appeal and convenient access to major highways. The asking price is $399,000, making this a highly attractive investment in a thriving community. The property's strategic location and current income stream, combined with the potential for significant rental increases, make this a rare opportunity for investors seeking strong returns.

    Property Features for 9840 Ravenna Rd

    General Information

    Property type
    Retail properties
    Square Feet
    12,282 SF
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1962
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    On Your Toes Dance ... Dance School All That Jazz ... Dance Store Adrija Bollywood Dance ... Dance School Strawberry Moon Boutique Clothing Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Twinsburg
    County
    Summit
    State
    Ohio
    Longitude
    -81.44278
    Latitude
    41.31336

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    FAQs

    What type of property is this?
    Retail property - High-yield retail space, prime location.
    Where is this retail property located?
    The property is located at 9840 Ravenna Rd Twinsburg, OH.
    What is the asking price?
    The asking price for this property is $399,000.
    (440) 318-1620
    Request Owner's contact information
    9840 Ravenna Rd Twinsburg, OH 44087
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    Twinsburg, OH 44087
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    Realmo Value Estimation

    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.

    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.

    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
    9840 Ravenna Rd Twinsburg, OH 44087
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