504 MainRavenna, OH 44266

  • Office properties
  • 1,996 SF
Off market
$49,344 Estimated

Property Details for 504 Main

Year built
1930
Construction
FRAME
Lot size
0.27 AC
Property size (Sq ft)
1,996 SF
Property type
Office properties
Property subtype
Office buildings
APN
31-366-10-00-126
APU
313661000126

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $379,594
    6.5%
    $350,394
    7%
    $325,366
  • Comparable approach

    Method
    Valuation
    Relative Method
    $186,706
    Geo Method
    $186,706
  • Alternative Use

    Use
    Valuation
    Residential
    $434,489
    Hospitality
    $397,989
    Educational
    $331,122
    Medical
    $342,510
    Retail
    $515,079
504 Main, Ravenna, Ohio

Location Insight

City
Ravenna
County
Portage
State
Ohio
Latitude
41.1571
Longitude
-81.2365
CBSA code
10420
CBSA name
AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $28,840
  • Assessed land value
    $11,940
  • Assessed value
    $40,780
  • Tax year
    2023
  • Tax bill
    $2,666

FAQs

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