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Scalable Power Platform in Ravenna
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6800 N Chestnut St, Ravenna, OH 44266

Industrial facility with significant power upside and expansion potential.

Property Size185,000 SF
Days on Market204

Property Features for 6800 N Chestnut St

General Information

Standard status Active
Size 185,000 SF
Property subtype Industrial

Building Details

Building Size 185,000 SF
Year Built 1971
Listing Agency: SVN Summit Commercial Real Estate Advisors
Listed By: Aaron Davis
Source: Svnsummitcommercial
Added: Jan 27 Changed: Aug 15 Last Checked: Aug 19 at 5:36AM

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 SVN Summit Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

Chestnut Commerce Center is an industrial facility designed as a scalable power platform. It features 10 MW online, with an additional 22 MW under load study, and includes an on-site solar array. The property is suited for energy-intensive uses such as AI, crypto, HPC, and advanced manufacturing. Support is available via partners at Viridi for negotiating utility contracts. The property benefits from active rail service, modern infrastructure, and current income with growth potential. It is located in Ravenna, Ohio, surrounded by community amenities. The area has a strong local economy with diverse businesses. Nearby resources include dining, shops, and recreational facilities. The location offers proximity to main transport arteries and a dynamic business environment. The property has approval for an additional 22 MW via Load Study, totaling a potential capacity of 33 MW. There is a 1 MW on-site solar array. The utility infrastructure is expandable and ready for data, AI, and blockchain workloads. An active rail spur is located on-site. The property generates approximately $1M annual NOI with multiple paths to growth. There are approximately 2.5 acres of potential retail outlots on N. Chestnut St. The facility includes 4 interior docks, 4 exterior docks, and 3 air handlers. The property size is 185000 square feet.

Key Highlights

  • Scalable power platform with 10 MW online, 22 MW under load study, and a solar array, ideal for energy‑intensive uses like AI and crypto.
  • Potential for lower power costs with 1 MW on‑site solar array and NMB Rider.
  • Active rail spur on‑site provides logistical advantages.

Property Analytics

Current Use

Wagner Logistics Warehouse & Storage ACE Laboratories Laboratory Chestnut Commerce Center Corporate Office

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store

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

412
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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial facility with significant power upside and expansion potential.
Where is this industrial property located?
The property is located at 6800 N Chestnut St Ravenna, OH.
What are key features of this property?
This property features: Scalable power platform with **10 MW online**, 22 MW under load study, and a solar array, ideal for energy‑intensive uses like AI and crypto.; Potential for lower power costs with 1 MW on‑site solar array and NMB Rider.; Active rail spur on‑site provides logistical advantages.
More about this property
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