2904 State Route 59, Ravenna, OH, 44266

2904 State Route 59 Ravenna, OH 44266

2904 State Route 59, Ravenna, OH, 44266
2904 State Route 59, Ravenna, OH, 44266 2904 State Route 59, Ravenna, OH, 44266 2904 State Route 59, Ravenna, OH, 44266 2904 State Route 59, Ravenna, OH, 44266
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,250,000
Last Verified:
Jul 03, 2024

Daily Email Blast
0 times



Description

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.

Link to the website: https://www.plateaubythepond.com/

The Subject Property is located on State Route 59 almost directly between Ravenna and Kent.

Lot Size: 48.78 acres

Map of 2904 State Route 59, Ravenna, OH, 44266

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.