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Property profile & analytics
OFF-MARKET
Land

2633 Oh-59 Ravenna, OH 44266

2.44 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.44 ac (106,286 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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