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    Norwood Dr Madison, OH 44057

    For Sale
    Contact for pricing

    LAND - Madison, OH

    Lot size:
    1.55 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for Norwood Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    01-B-094-B-00-014-0
    Lot size
    1.55 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    EXP Realty (866) 212-4991 [email protected]

    Listing agent Michael A Henry (216) 973-1402 License #2014003328

    Listing date Nov 20, 2025

    MLS# 5101897 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Madison, OH

    This 1.55-acre commercial land is located in Madison, Ohio. The property was recently rezoned to Business, and Madison Township is encouraging commercial or business development for this site. Buyers are responsible for conducting all due diligence. The seller will consider all reasonable offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Madison
    County
    Lake
    State
    Ohio
    Longitude
    -81.04611283
    Latitude
    41.79996046

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    FAQs

    What type of property is this?
    Commercial land - 1.55 acre commercial land available in Madison, Ohio.
    Where is this commercial land located?
    The property is located at Norwood Dr Madison, OH.
    What is the asking price?
    The asking price for this property is $19,900.
    What are key features of this property?
    This property features: - Rezoned to Business: Unlock commercial potential with this recently rezoned property.; - Commercial Development Encouraged: Madison Township supports business development here.; - All Reasonable Offers Considered: Seller is motivated and open to negotiation.
    (216) 973-1402
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    Norwood Dr Madison, OH 44057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Norwood Dr Madison, OH 44057
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