Property profile & analytics
9840 Ravenna Rd Twinsburg, OH 44087
Located at 9840 Ravenna Road in Twinsburg, Ohio, this versatile building was previously a public library. It is situated in the heart of the town square, across from a park with a Starbucks. The property includes a dance studio that previously generated rental income on a month-to-month lease. There is an additional 1,500 sq. ft. of rent-ready space, suitable for various business uses. The property features a paved parking lot and shared common area restrooms. The lot size is 0.3929 acres. The property is located near major employers such as the Amazon fulfillment center and other popular amenities, with access to major highways in a thriving community.
- Storefront properties
- 12,282 SF
- 0.39 lot acres
For Sale
View listing
$399,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-1296826
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
- On Your Toes Dance Studio / Training Center
- All That Jazz Dance Apparel / Dance Store
- Adrija Bollywood Dance Academy / Training Center
- Strawberry Moon Boutique / Home Goods Store / Women'S Clothing Store
Property Details for 9840 Ravenna Rd
- Year built
- 1962
- Lot size
- 0.39 lot acres
- Property size
- 12,282 SF
- Property type
- Storefront properties
- APN
- 64-00188
- APU
- 6400188
Property Overview
Located at 9840 Ravenna Road in Twinsburg, Ohio, this versatile building was previously a public library. It is situated in the heart of the town square, across from a park with a Starbucks. The property includes a dance studio that previously generated rental income on a month-to-month lease. There is an additional 1,500 sq. ft. of rent-ready space, suitable for various business uses. The property features a paved parking lot and shared common area restrooms. The lot size is 0.3929 acres. The property is located near major employers such as the Amazon fulfillment center and other popular amenities, with access to major highways in a thriving community.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $823,000
Market price range: $692k - $1.82M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $990,000 Current use
- RESTAURANT
- $1,370,000 Change: +38% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,220,000 Change: +24% Conversion: Difficult
- MEDICAL BUILDING
- $1,150,000 Change: +16% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,150,000 Change: +16% Conversion: Difficult
- OFFICE BUILDING
- $880,000 Change: -11% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Twinsburg
- County
- Summit
- State
- Ohio
- Longitude
- -81.4427
- Latitude
- 41.3134
- 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
$11,315
$32,940
$142,350
$175,290
-
$94,120
$406,720
$500,840
