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    11004 Milan Rd Milan, OH 44846

    Sponsored
    For Sale
    $990,000

    18+ Acres, Commercial Zoning, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property presents a significant investment opportunity encompassing 18+/- acres of a larger 28-acre parcel. Strategically located in Milan, Ohio, this land boasts high visibility with frontage on three major roads: Milan Road, Huron Avery Road, and Mason Road. The property is zoned for commercial use, offering a wide range of development possibilities. All utilities are readily available for connection

    Property Features for 11004 Milan Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    784,080 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Department Store Kitchen & Bath Garden Center Furniture Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Erie
    State
    Ohio
    Longitude
    -82.62328
    Latitude
    41.33555

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    Nearby Similar for Sale

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      Commercial Property on High-Visibility Corridor

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    FAQs

    What type of property is this?
    Commercial real estate - 18+ Acres, Commercial Zoning, High Visibility
    Where is this commercial real estate located?
    The property is located at 11004 Milan Rd Milan, OH.
    What is the asking price?
    The asking price for this property is $990,000.
    (419) 625-5555
    Request Owner's contact information
    11004 Milan Rd Milan, OH 44846
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    Milan, OH 44846
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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
    11004 Milan Rd Milan, OH 44846
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