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Property profile & analytics
OFF-MARKET
Land

0 Ferndale St Ravenna, OH 44266

0.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.379-acre parcel, located at the corner of Ferndale Street and Newton Falls Road in Ravenna Township, Ohio (APN 29-325-20-00-173-005), presents a unique opportunity for developers. Zoned Residential Commercial, this flat, highly visible lot offers significant potential. Its strategic location is adjacent to existing duplexes and multi-family housing, suggesting suitability for similar development. The asking price is $49,000. The property's even topography and excellent visibility make it an attractive proposition for a new construction project. The 44266 zip code offers convenient access to local amenities and transportation routes. Serious inquiries are encouraged to explore the possibilities of this prime development land. This is a rare opportunity to acquire a well-situated lot in a growing area. The property's size and zoning make it ideal for a variety of residential or commercial projects. Don't miss out on this chance to secure a valuable asset in a desirable location.

Property profile
Verified
Property type Land
Lot 0.38 ac (16,509 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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