2633 Oh-59 Ravenna, OH 44266
This exceptional 2.44-acre commercial land parcel presents a unique investment opportunity in Ravenna, Ohio. Situated at a signalized intersection on OH-59, the property boasts over 400 feet of divisible frontage, ensuring maximum visibility and accessibility. Its prime location directly across the street from a Walmart Supercenter and the Meadowview Square shopping center guarantees high traffic volume and significant consumer exposure. Adding to its appeal, the property is conveniently located near Akron Children's Hospital Pediatrics, Portage location, and just two miles from Kent State University, a major institution with over 20,000 students. An adjacent outparcel is currently under contract, further solidifying the area's strong commercial growth. The property's APN is 29-357-00-00-002-000. This is an ideal site for a variety of commercial developments, capitalizing on the substantial foot and vehicle traffic generated by the surrounding retail, healthcare, and educational institutions. The property's size and location make it suitable for a range of uses, offering significant potential for long-term growth and return on investment. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving area.
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
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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.