10804 Ravenna RdTwinsburg, OH 44087

  • Office properties
  • 2,033 SF
For Lease
$13.20/SF/YR View listing

Property Details for 10804 Ravenna Rd

Year built
1986
Construction
FRAME
Lot size
0.05 AC
Property size (Sq ft)
2,033 SF
Property type
Office properties
Property subtype
Other office properties
APN
64-03914
APU
6403914

Description

This exceptional 2,100 square foot medical office condo presents a unique opportunity for a single-tenant user. Located at 10804 Ravenna Road, this property offers a flexible layout perfect for customization to meet specific business needs. Built in 1986, the building features inviting, functional spaces with vaulted ceilings and ample natural light, creating a productive and client-appealing environment. The spacious rooms provide versatility for various medical practices or related businesses. Situated on a 0.05-acre lot (APN 6403914), the property benefits from convenient access to major roadways, ensuring easy accessibility for both staff and clients. The low-maintenance nature of this single-tenant occupancy, combined with its affordability, makes it an attractive investment for businesses seeking growth and a strong community presence. The entire 2,100 square feet is currently vacant, allowing for immediate occupancy and complete design control. This is an ideal location for a company seeking to establish or expand its operations in a thriving area. The property's features and location combine to offer a compelling opportunity for a discerning buyer.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $386,630
    6.5%
    $356,889
    7%
    $331,397
  • Comparable approach

    Method
    Valuation
    Relative Method
    $190,167
    Geo Method
    $190,167
  • Alternative Use

    Use
    Valuation
    Residential
    $442,543
    Hospitality
    $405,367
    Educational
    $337,260
    Medical
    $348,859
    Retail
    $524,627
10804 Ravenna Rd, Twinsburg, Ohio

Location Insight

City
Twinsburg
County
Summit
State
Ohio
Latitude
41.3323
Longitude
-81.4679
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
$2,001
$10,140
$16,230
$26,370
-
$28,970
$46,370
$75,340

FAQs

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