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    Property profile & analytics

    832 Main St Ravenna, OH 44266

    • Grocery and convenience stores
    • 47,207 SF
    • 4.20 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US66-6110322
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 832 Main St

    Year built
    2002
    Lot size
    4.20 lot acres
    Property size
    47,207 SF
    Property type
    Grocery and convenience stores
    APN
    31-306-03-00-021
    APU
    313060300021

    Description

    This exceptional 1-acre commercial property presents a rare development opportunity in Ravenna, Ohio. Located at 832 W Main St, on the hard corner of W Main St and N Diamond St, this site boasts high visibility due to its signalized intersection. The property is zoned for retail use and is available for sale, ground lease, or build-to-suit options, providing flexibility for various development plans. The ±1.5-acre lot size offers ample space for a substantial retail development, catering to the needs of the growing Ravenna community. Situated in Portage County, this location benefits from convenient access to major transportation routes, ensuring high traffic flow and excellent exposure for any new development. The single-tenancy potential allows for a focused and efficient development strategy. This is an ideal opportunity for developers seeking a prime location with significant potential for return on investment in a thriving market. The property's strategic location and flexible development options make it an attractive proposition for businesses seeking to establish a strong presence in Ravenna. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $780,000
      6.5%
      $740,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $700,000
      Geo Method
      $680,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $780,000
      Retail
      $665,000
      Mixed-Use
      $860,000
      Hospitality
      $810,000
      Educational
      $800,000
      Residential Income
      $855,000
      Energy
      $655,000
      Income-Based Land
      $740,000
      Food Service
      $730,000

    Location Insight

    • Map
    • Local Demand
    City
    Ravenna
    County
    Portage
    State
    Ohio
    Longitude
    -81.2546
    Latitude
    41.1587
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,536
    $129,640
    $312,660
    $442,300
    -
    $370,400
    $893,300
    $1,263,700

    Comparable in this City

    • Value Estimation
      $235,000
      1.01 Acres

      1340 Main St

      GROCERY, SUPERMARKET • 1.01 Acres
      1340 Main St, Ravenna, OH 44266-3330
      View Details
    • Value Estimation
      $850,000
      91,732 SF

      1145 Main St

      GROCERY, SUPERMARKET • 91,732 SF
      1145 Main St, Ravenna, OH 44266-3327
      View Details
    • Value Estimation
      $495,000
      1,980 SF

      4471 State Rte 44

      CONVENIENCE STORE • 1,980 SF
      4471 State Rte 44, Ravenna, OH 44266-9500
      View Details
    • Value Estimation
      $1,455,000
      56,937 SF

      228 Sycamore St

      GROCERY, SUPERMARKET • 56,937 SF
      228 Sycamore St, Ravenna, OH 44266-2924
      View Details
    • Value Estimation by Request
      1,920 SF

      1029 Main St

      CONVENIENCE STORE • 1,920 SF
      1029 Main St, Ravenna, OH 44266-2707
      View Details
    • Value Estimation
      $240,000
      0.39 Acres

      1340 Main St

      GROCERY, SUPERMARKET • 0.39 Acres
      1340 Main St, Ravenna, OH 44266-3330
      View Details

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      Hard Corner Development Site

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    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
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