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    677 Diamond St Ravenna, OH 44266

    For Sale
    $80,000

    3.25 acres, I-1 Zoning, Great Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.252-acre parcel of land presents a compelling investment opportunity in Ravenna, Ohio. Located at 677 S Diamond St, this property boasts an ideal I-1 zoning designation, making it suitable for a variety of industrial uses. The flat, easily accessible terrain ensures efficient development, while its prominent location offers excellent visibility for any future business. Utilities are conveniently available at the street, simplifying the construction process and reducing upfront costs. The property's APN is 31-305-30-00-030-000|1. Situated in Portage County, Ohio, with a zip code of 44266, this land offers a strategic location within the Ravenna community. The asking price of $80,000 represents a highly competitive value for a property of this size and zoning in this desirable area. This is a rare opportunity to acquire a well-situated industrial land parcel ready for immediate development. Don't miss out on this chance to secure a prime piece of Ravenna real estate. The coordinates are 41.1502358 latitude and -81.2535997 longitude.

    Property Features for 677 Diamond St

    General Information

    Property type
    Land
    Lot Size
    141,657 SF

    HighLights

    • $80,000 asking price.
    • 3.252‑acre land parcel.
    • Located in Ravenna, OH.
    • I‑1 zoning.
    • Good visibility and flat terrain.
    • Utilities available at the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Home To You, LLC Home Health Care Service Esposito Karen Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ravenna
    County
    Portage
    State
    Ohio
    Longitude
    -81.2535997
    Latitude
    41.1502358

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    FAQs

    What type of property is this?
    Land - 3.25 acres, I-1 Zoning, Great Visibility
    Where is this land located?
    The property is located at 677 Diamond St Ravenna, OH.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: $80,000 asking price.; 3.252-acre land parcel.; Located in Ravenna, OH.
    Request Owner's contact information
    677 Diamond St 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
    677 Diamond St Ravenna, OH 44266
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