2600 Sr-59 Ravenna, OH 44266
This exceptional 1.26-acre commercial land parcel presents a unique investment opportunity in Ravenna, Ohio. Strategically located on SR-59, this property boasts excellent visibility and high traffic counts due to its proximity to a Walmart shopping center. Both entrances to the shopping center feature traffic signals, ensuring easy access for customers. The property is zoned for Local Commercial District (C1), allowing for a variety of commercial uses. The site offers approximately 200 feet of frontage along SR-59, maximizing exposure to potential customers. This location benefits from its proximity to Kent State University, just two miles west, with an annual enrollment of 22,200 students, providing a substantial potential customer base. Downtown Ravenna, located three miles east, offers additional opportunities for synergy with local restaurants, businesses, and Portage County government offices. This prime location and favorable zoning make this property ideal for a variety of commercial ventures. The high traffic volume and excellent visibility make this an exceptional opportunity for businesses seeking a strong presence in a thriving community.
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Coinstar Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.