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ActiveMLS# 524795730 days on market

$1,000,000

V/L St Route 59

Ravenna, OH 44266

0 BD|0 BA|0 SQFT

About This Property

Here's a rare land opportunity that checks every box — nearly 49 acres of prime, buildable land ideally situated between the vibrant Ohio cities of Kent and Ravenna. V/L St Route 59 offers two parcels totaling 48.79 acres with direct frontage on State Route 59, giving your future development excellent visibility and accessibility from day one. What makes this property truly stand out is the infrastructure already in place and paid for. Public water and sanitary sewer are connected, and underground gas and electric utilities are ready to go — eliminating the biggest upfront hurdles that typically come with raw land. The heavy lifting has been done. You bring the vision; this land brings the foundation. Ravenna Twp trustees have advised the owner they are agreeable to building the 800 foot access road on a tax increment financing basis. The location is genuinely hard to beat. Tucked between Kent and Ravenna, you're minutes from everyday shopping, dining, and services. University Hospitals is close by, making this a compelling option for healthcare-related or residential development alike. Nearby golf courses, Metro Parks, and local lakes add the kind of lifestyle appeal that makes any community more attractive to future buyers or tenants. Highway access connects you quickly to Akron, Cleveland, and the broader Northeast Ohio region — ideal for developers, investors, or anyone who values convenience without sacrificing space. Whether you're a seasoned developer ready to break ground on your next project, an investor building a long-term portfolio, or simply someone with a dream and the land to match — this property delivers real potential in a well-positioned, growing corridor. Nearly 49 acres with utilities paid and frontage on a main state route doesn't come available often. Come walk the land and see the possibilities for yourself. Call today!

Property Details

Property TypeLand
Lot Size2,125,292 sqft
Days on Market30
MLS Number5247957

Noreen Kaseda

Sales Associate

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Est. Monthly Payment

$6,015

P&I: $5,057 | Tax: $708 | Insurance: $250

$1,000,000
%
%
Loan Amount$800,000
Down Payment$200,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

V/L St Route 59, Ravenna, OH 44266

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