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    Property profile & analytics

    250 Prospect St Ravenna, OH 44266-3041

    • Office buildings
    • 2,800 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $115,000
    Last Sale
    Jan 03, 2024
    $130,000
    Location Intelligence
    Property ID
    US66-1316647
    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

    • Passages, Inc. / Social Services Organization / County Government Office

    Property Details for 250 Prospect St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Property size
    2,800 SF
    Property type
    Office buildings
    APN
    31-366-10-00-028
    APU
    313661000028

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ravenna
    County
    Portage
    State
    Ohio
    Longitude
    -81.2421
    Latitude
    41.1558
    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
    $1,743
    $8,190
    $19,810
    $28,000
    -
    $23,400
    $56,600
    $80,000

    Comparable in this City

    • Value Estimation
      $415,000
      0.47 Acres

      Chestnut

      OFFICE BUILDING • 0.47 Acres
      Chestnut, Ravenna, OH 44266
      View Details
    • Value Estimation
      $200,000
      2,476 SF

      401 Prospect St

      OFFICE BUILDING • 2,476 SF
      401 Prospect St, Ravenna, OH 44266-3013
      View Details
    • Value Estimation by Request
      0.03 Acres

      677 Diamond St

      OFFICE BUILDING • 0.03 Acres
      677 Diamond St, Ravenna, OH 44266-2877
      View Details
    • Value Estimation by Request
      1,426 SF

      124 Spruce Ave

      OFFICE BUILDING • 1,426 SF
      124 Spruce Ave, Ravenna, OH 44266-3048
      View Details
    • Value Estimation
      $315,000
      1,996 SF

      504 Main St

      OFFICE BUILDING • 1,996 SF
      504 Main St, Ravenna, OH 44266-3219
      View Details
    • Value Estimation
      $60,000
      2,756 SF

      160 Chestnut St

      OFFICE BUILDING • 2,756 SF
      160 Chestnut St, Ravenna, OH 44266-2256
      View Details

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    Similar Nearby for Lease

    • $9 SF/Yr
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      Two-Story Building in Ravenna Center

      6,600 SF building in Ravenna, suitable for retail/office.
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      3,016 SF condo suite near University Hospitals Portage Medical Center.
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    • $1,495 /Mo
      21,780 SF

      Ravenna Office Suites For Lease

      Professional office suites in Ravenna, ideal for medical or general use.
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    • $5 SF/Yr
      60,420 SF

      Ravenna Industrial Manufacturing Space

      60,420 SF Manufacturing Facility, Ohio
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    • Contact for pricing

      Hard Corner Development Site

      1.5-acre development site in Ravenna's trade area.
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    • $14 SF/Yr
      44,050 SF

      Meadowview Square: Retail Investment

      Prime Akron Retail Center, 12 Suites
      2500 Oh-59, Ravenna, OH 44266
      View Details
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    Ravenna, OH 44266-3041
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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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