Aerial Map. Outlining the property's boundaries for Parcel #1 - V/L St Route 59, Ravenna
Aerial Map. Outlining the property's boundaries for Parcel #2 - V/L St Route 59, Ravenna
2 photos

$1,000,000

V/L St Route 59
Ravenna, OH 44266
Listed by Dominic M Picione · Keller Williams Citywide
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

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!

Highlights

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Property details

MLS
NOWDD
MLS #
5247957
Property type
UnimprovedLand
Subdivision
N/A
Status
Active
Days on market
19
On market date
September 25, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
48.79 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
West Park Elementary School
1.39 mi away · Grades 0
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
166
Student:teacher ratio
15.1:1
District
Ravenna City
Middle
Brown Middle School
1.2 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
603
Student:teacher ratio
13.7:1
District
Ravenna City
High
Ravenna High School
2.33 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
584
Student:teacher ratio
13.6:1
District
Ravenna City

Walkability

Blended score for Ravenna's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

28
Car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,172/mo
$200,000 down
$800,000 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.