New search
Property profile & analytics
FOR LEASE
Industrial land
150 Loomis Pkwy Ravenna, OH 44266
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-4281899
For Lease
1 / 2
Contact for pricing
150 Loomis Pkwy, Ravenna, OH 44266
View Listing →
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
11.7 ac (509,565 SF)
APN
31-313-00-00-008-001
UPID
US66-4281899
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
Current use
Occupant on record · Public records
-
FNS Ravenna Warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ravenna Loomis Parkway LLC · 3 yrs held
Ravenna Loomis Parkway LLC
since 2022
Last sale
$260,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ravenna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ravenna submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,328
Tax year 2023
Assessed value
$87,890
Assessed 2023
Previous assessed
$87,890
+0.0% YoY
Effective rate
8.34%
On assessed value
Assessed land
$87,890
Land market value
$251,100
Total market value
$251,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Lease
Heating
NONE
Lot
11.7 ac (509,565 SF)
APN
31-313-00-00-008-001
UPID
US66-4281899
Jurisdiction
PORTAGE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
11.7 ac
Current owner
From public records · entity-resolved
Ravenna Loomis Parkway LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6675 PARKLAND BLVD, SOLON, OH 44139-4345
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
—
Ravenna Loomis Parkway LLC
—
Deed
related
$18,250,000 · Cibc Bank USA
Nov 1, 2022
—
Ravenna Loomis Parkway LLC
Ravenna Loomis Parkway LLC
Intrafamily Transfer
related
—
Aug 31, 2022
—
Ravenna Loomis Parkway LLC
—
Deed
related
$18,250,000 · Cibc Bank USA
May 5, 2021
$260,000
Revenna Loomis Parkway LLC
General Electic Company
Limited Warranty Deed
—
Mar 24, 2021
$10,000,000
Ravenna Loomis Parkway LLC
150 Loomis LLC
Deed
$11,750,000 · Cibc Bank USA
Sep 15, 2020
$14,500
150 Loomis LLC
Current Lighting Solutions LLC
Grant Deed
related
$4,100,000 · Eriebank
Apr 9, 2019
—
Ge Lighting Solutions LLC
General Elec
Grant Deed
related
—
Jul 24, 2017
—
General Elec
Ge Lighting INC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
