You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Retail space

5662 Rdg Rd Madison, OH 44057-2726

2,977 SF 2.13 ac lot Built 1910
Individually Owned 9-yr Hold Free & Clear
Property ID
US66-0206177
Property summary
AI-generated overview

This exceptional 2.13-acre commercial property at 5662 N Ridge Road in Madison, Ohio, presents a compelling development opportunity. Boasting over 300 feet of road frontage, the site enjoys high visibility, making it ideal for a variety of commercial ventures. The property currently features an older farmhouse, previously used as an insurance agency, which could be renovated or demolished to accommodate new construction. The elevated position ensures excellent visibility for potential businesses. This versatile location is suitable for a wide range of uses, including retail establishments, restaurants (with drive-thru potential), fast-food outlets, gas stations, or medical offices. The property's infrastructure is well-established, with access to municipal water (Lake County Water), electricity (Illuminating Company), natural gas (Enbridge Gas), and Spectrum services. On-site septic is also available. The zoning is commercial, allowing for diverse development options. This prime location offers significant potential for investors and developers seeking a high-impact commercial project in a desirable area. The asking price is $250,000. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction WOOD
Total area 2,977 SF
Lot 2.13 ac (92,957 SF)
Zoning code B-2
APN 01-B-122-0-00-049-0
UPID US66-0206177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Krishack Insurance Agency LLC Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ahmad Daqah · 9 yrs held
Ahmad Daqah
since 2016
4 recorded transactions
2016
$77,000
2006
$260,000
2000
$180,000
1969
Price N/A
Zoning & alternative use
B-2 · Madison, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5662 Rdg Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message