9458 Ravenna RdTwinsburg, OH 44087

Property Details for 9458 Ravenna Rd

Year built

2000

Lot size

1.76 AC

Property size (Sq ft)

16,160 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

64-07774

APU

6407774

Description

This exceptional flex space at 9458 Ravenna Road in Summit County offers a unique blend of office and warehouse functionality, ideal for a variety of businesses. The property boasts a total area of 16,160 square feet, intelligently divided between two floors. The first floor and second floor each provide 3,900 square feet of office space, perfect for administrative functions or showroom displays. A substantial 8,360-square-foot warehouse is accessible from both floors and can also be leased independently. This warehouse features three 12' x 14' overhead doors for convenient loading and unloading, a generous 22'-24' clear height, and floor drains for efficient waste management. Power is robust, with 240 Volt/400 Amp/3-phase capabilities to support demanding operations. Security and ample parking are ensured by a fenced-in rear parking area with over 50 spaces. Built in 2000, the masonry and steel construction ensures durability. The property includes a significant advantage for food-related businesses: a commercial kitchen and multiple smaller kitchen areas, complemented by three large walk-in coolers. This versatile property presents a rare opportunity to secure a well-equipped and strategically located industrial space in a desirable Summit County location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,517,696

  6.5%

  $4,170,181

  7%

  $3,872,311

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,809,248

  Geo Method

  $3,809,248

• Alternative Use

  Use

  Valuation

  Residential

  $3,517,704

  Hospitality

  $3,222,198

  Educational

  $2,680,830

  Medical

  $2,773,028

  Retail

  $4,170,181

Location Insight

City

Twinsburg

County

Summit

State

Ohio

Latitude

41.3079

Longitude

-81.4309

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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