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Corner Multifamily Development Lot
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6166 Ferndale Rd, Ravenna, OH 44266

Flat, corner lot with good visibility for residential or residential-commercial multifamily development in Ravenna Township.

Property SizeContact for details
Lot Size0.38 Acres
Days on Market949

Property Features for 6166 Ferndale Rd

General Information

Standard status Active
Lot size 0.38 Acres
Property subtype Land
Zoning R/C Residential Commercial
Listing Agency: Hoff & Leigh Fairlawn
Listed By: Jeff Davis · License #2001007317
Source: Hoffleigh
Added: Jan 18, 2024 Changed: Aug 8 Last Checked: Jul 16 at 1:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh Fairlawn

Investment Insights

Based on property information with market context.

This flat corner lot totals 0.38 acres and is well suited for new construction. The property is zoned Residential Commercial and is positioned to support development of a multifamily-type structure, consistent with the surrounding mix.

The site sits on the corner of Ferndale Road and Newton Falls Road in Ravenna Township. It is adjacent to duplex and multi-family housing, which can be helpful for aligning a new project with the existing neighborhood character. The property also offers good visibility.

For developers and builders seeking a small infill parcel, this lot provides a straightforward building platform with flat grading. Its Residential Commercial zoning and adjacency to existing duplex and multi-family uses make it particularly relevant for a multifamily development concept. Prospective buyers should review the zoning and intended plans prior to moving forward.

Key Highlights

  • 0.38‑acre corner lot in Ravenna Township on Ferndale and Newton Falls Road
  • Zoned residential commercial, suitable for multifamily or related residential development
  • Flat, buildable lot adjacent to duplex and multi‑family housing

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

Demographics for 44266, OH

32,606
Population
15,036
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
91.9 sq mi
ZIP Area
355
Density / Sq Mi
$61,211
Median Household Income
$40,068
Median Earnings
$904
Median Rent
$159,900
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Flat, corner lot with good visibility for residential or residential-commercial multifamily development in Ravenna Township.
Where is this residential land & home lot located?
The property is located at 6166 Ferndale Rd Ravenna, OH.
What are key features of this property?
This property features: 0.38‑acre corner lot in Ravenna Township on Ferndale and Newton Falls Road; Zoned residential commercial, suitable for multifamily or related residential development; Flat, buildable lot adjacent to duplex and multi‑family housing
More about this property
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