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    Enterprise Pkwy Ravenna, OH 44266

    For Sale
    Contact for pricing

    Prime 3.5-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.5-acre commercial land parcel presents a unique investment opportunity within the Ravenna Business Park. Strategically located in Portage County, Ohio, this property boasts a highly desirable Commercial zoning (I1 Industrial), ensuring flexibility for a wide range of commercial ventures. The lot's generous size offers ample space for substantial development, while its corner location on Enterprise Pkwy provides exceptional visibility from State Route 14, ensuring high traffic exposure. The property's convenient access to major transportation arteries is a significant advantage. Businesses will benefit from its proximity to I-480, I-76, and the Ohio Turnpike, facilitating seamless regional and national connectivity. Furthermore, its central location between Youngstown, Akron, and Cleveland offers unparalleled access to a large and diverse workforce and consumer base. The APN is 31-207-00-00-022-013. This is a rare opportunity to acquire a prime commercial lot in a thriving business park with excellent infrastructure and accessibility. Don't miss this chance to establish your business in a strategic and highly visible location.

    Property Features for 0 Enterprise Pkwy

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • 3.5‑acre commercial land parcel in Ravenna, Ohio.
    • Located in the Ravenna Business Park, zoned Commercial.
    • High visibility corner lot on State Route 14.
    • Convenient access to I‑480, I‑76, and the Ohio Turnpike.
    • Centrally located between Youngstown, Akron, and Cleveland.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ravenna
    County
    Portage
    State
    Ohio
    Longitude
    -81.251789723112
    Latitude
    41.180143149572

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    FAQs

    What type of property is this?
    Land - Prime 3.5-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at Enterprise Pkwy Ravenna, OH.
    What are key features of this property?
    This property features: 3.5-acre commercial land parcel in Ravenna, Ohio.; Located in the Ravenna Business Park, zoned Commercial.; High visibility corner lot on State Route 14.
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    Enterprise Pkwy Ravenna, OH 44266
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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
    Enterprise Pkwy Ravenna, OH 44266
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