6220 Wall St Ravenna, OH 44266-1730
This exceptional 0.21-acre lot, located at 6220 Wall Street in Ravenna, Ohio, presents a unique opportunity for investors and developers. Priced competitively at $225,000, this property offers significant potential for various commercial ventures. The land is conveniently situated in Ravenna, providing easy access to local amenities and transportation routes. Its size makes it suitable for a range of projects, from small-scale commercial buildings to potential expansion of existing businesses. The absence of existing structures allows for complete design flexibility, enabling the creation of a customized development tailored to specific needs. This property is a blank canvas, ready for a visionary entrepreneur to transform it into a thriving commercial asset. Given its prime location and attractive price point, this 0.21-acre lot represents a compelling investment opportunity with substantial upside potential. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for commercial use, although buyers are advised to conduct their own due diligence to confirm zoning and permitted uses. The sale includes the entire 0.21-acre parcel. Act quickly, as opportunities like this are rare.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.