512 ChestnutRavenna, OH 44266

  • Medical offices
  • 4,790 SF
Off market
$2,483,770 Estimated

Property Details for 512 Chestnut

Year built
1988
Lot size
0.25 AC
Property size (Sq ft)
4,790 SF
Property type
Medical offices
Property subtype
Medical centers
APN
31-349-04-00-001
APU
313490400001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,032,410
    6.5%
    $952,992
    7%
    $884,921
  • Comparable approach

    Method
    Valuation
    Relative Method
    $448,057
    Geo Method
    $448,057
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,957,630
    Retail / Commercial
    $987,926
    Mixed-Use / Specialty
    $971,846
    Hospitality / Lodging
    $696,662
    Institutional / Educational
    $1,005,840
    Residential Income
    $1,176,830
    Multifamily
    $1,481,050
    Automotive / Energy
    $862,148
    Parking / Income-Based Land
    $309,924
    Restaurant / Food Service
    $478,663
    Healthcare / Senior Housing
    $1,009,490

Location Insight

City
Ravenna
County
Portage
State
Ohio
Latitude
41.1636
Longitude
-81.2423
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
-
$10,400
$98,490
$108,890
-
$29,700
$281,400
$311,100

FAQs

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