5615 ProspectRavenna, OH 44266

  • Retail properties
  • 2,089 SF
Off market
$17,352,580 Estimated

Property Details for 5615 Prospect

Year built
1900
Lot size
1.73 AC
Property size (Sq ft)
2,089 SF
Property type
Retail properties
Property subtype
Auto shops
APN
29-365-00-00-005
APU
293650000005

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $584,002
    6.5%
    $539,078
    7%
    $500,573
  • Comparable approach

    Method
    Valuation
    Relative Method
    $492,421
    Geo Method
    $492,421
  • Alternative Use

    Use
    Valuation
    Residential
    $454,733
    Hospitality
    $416,533
    Educational
    $346,550
    Medical
    $358,469
    Retail
    $539,078
5615 Prospect, Ravenna, Ohio

Location Insight

City
Ravenna
County
Portage
State
Ohio
Latitude
41.1434
Longitude
-81.2421
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
$13,517
$28,630
$161,840
$190,470
-
$81,800
$462,400
$544,200

FAQs

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