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Property profile & analytics
OFF-MARKET
Office Spaces
218 Main St, Ravenna, OH 44266-2714
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2235081
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1920
Total area
4,664 SF
Lot
0.17 ac (7,427 SF)
APN
31-360-03-00-035
UPID
US66-2235081
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
-
Pamela S Harris Atty At Law Law Firm
-
Roubic Law Offices, LLC Law Firm
-
First Call For Help Social Service Agency Charitable Organization
-
Kovolyan Law Law Firm
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
City Of Ravenna · 1 yrs held
City Of Ravenna
since 2024
6 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
$3,511
Tax year 2023
Assessed value
$56,390
Assessed 2023
Previous assessed
$56,390
+0.0% YoY
Effective rate
6.23%
On assessed value
Assessed land
$16,350
Assessed improvement
$40,040
Land market value
$46,700
Improvement market value
$114,400
Total market value
$161,100
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1920
Heating
NONE
Stories
1
Rooms
48
Bathrooms
1
Total area
4,664 SF
Lot
0.17 ac (7,427 SF)
APN
31-360-03-00-035
UPID
US66-2235081
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
Year built
1920
Heating
NONE
Stories
1
Rooms
48
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
City Of Ravenna
Entity
Mailing address
120 E MAIN ST, RAVENNA, OH 44266-3104
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2024
—
City Of Ravenna
Neighborhood Development Services I
Warranty Deed
—
Aug 31, 2021
$300,000
Neighborhood Development Services I
Roubic Enterprises Ltd
Warranty Deed
—
Apr 21, 2006
$150,000
Roubic Ents Ltd
Neighborhood Dev Services INC
Warranty Deed
$100,000 · Huntington National Bank
Apr 2, 1999
$166,000
Portage Area Development Corp
Ravenna Savings Bank
Grant Deed
$166,000 · Us Department Of Agriculture
—
—
Roubic Ents Ltd
—
Deed Of Trust
related
$65,000 · Huntington Nat'l Bk
—
—
Roubic Ents Ltd
—
Deed Of Trust
related
$116,360 · Huntington National Bank
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.
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