Ravenna Acreage For Sale

2985 & 2989 Summit Rd. Ravenna, OH 44266

2985 & 2989 Summit Rd., Ravenna, OH, 44266
2985 & 2989 Summit Rd., Ravenna, OH, 44266
FOR SALE
Property Type:
Commercial Land Development
Amount:
$595,000
Last Verified:
Aug 16, 2017

Highlights

  • Sale Price: $595,000
  • Acres: 32.5
  • Frontage: 1,440
  • Depth: 1,300

Description

Property includes picnic pavilions, a larger concession building, with a full kitchen, and a 2,176 sq ft pole building. 5 acre lake, w/2 entrances. Sewer can be available in the near future.

.25 mile before Lakewood Rd

Building Size: 0.0sq ft
Lot Size: 32.5 acres

Map of 2985 & 2989 Summit Rd., Ravenna, OH, 44266

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.