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3022 Ohio 59

48.78 Acres of Commercial Land Offered at £978,063 in Ravenna, OH 44266

Executive Summary

The Subject Property is a 48.78 acre piece of land on State 59 right in between Kent and Ravenna. The property is ideally set up for senior housing but can be utilized for multifamily, single family, duplexes, triplexes, etc. Zoning allows for up to 247 dwelling units based on 5 senior units per gross acre. There is a shared easement on State Route 59 that allows access to the property. In place are main line sanitary sewers and water lines that run right through the middle of the property.

Property Facts

Price £978,063
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Senior
Total Lot Size 48.78 AC

1 Lot Available

Lot

Price £978,063
Price Per AC £20,050
Lot Size 48.78 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-355-00-00-003-005
  • 29-355-00-00-003-006
Land Assessment
£42,096
Improvements Assessment
£0
Total Assessment
£42,096
  • Listing ID: 32233581

  • Date on Market: 24/06/2024

  • Last Updated:

  • Address: 3022 Ohio 59, Ravenna, OH 44266

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