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    1115 W Prospect Rd Ashtabula, OH 44004

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    For Lease
    $1,900,000

    11,325 SF retail facility on 1.3 acres for lease.

    Property size:
    11,325 SF
    Lot size:
    1.30 Acres

    Property Features for 1115 W Prospect Rd

    General Information

    Size
    11,325 SF
    Lot size
    1.30 Acres

    Source: Global Real Estate Advisors Agent Timothy Sawicki

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Facility Former Rite-Aid

    This 11,325 square foot retail facility, formerly a Rite-Aid, is situated on approximately 1.3 acres. Constructed in 1996, the property features 45 parking spaces, a drive-through window, and a loading dock with a 6-foot by 8-foot roll-up delivery door. The interior boasts a 17-foot clear ceiling height. Pylon signage is available. The property is zoned C-4, Prospect Rd Commercial Corridor. Located on the northwest corner of West Avenue and West Prospect Road, this signalized corner lot benefits from high traffic counts and great visibility on US Route 20, with easy access to State Route 11.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy Shannon L. Pratschler, ... Pharmacy Western Union Money Transfer Service Dennis J. Farina, ... Pharmacy Brianne L. Wolf, ... Pharmacy

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Rite Aid Pharmacy, Shannon L. Pratschler, RPH, Dennis J. Farina, RPH, Brianne L. Wolf, PharmD, Arelys Medina

    Location Insight

    • Map
    • Local Demand
    City
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.7973917
    Latitude
    41.8632453

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    FAQs

    What type of property is this?
    Drug store - 11,325 SF retail facility on 1.3 acres for lease.
    Where is this drug store located?
    The property is located at 1115 W Prospect Rd Ashtabula, OH.
    What are key features of this property?
    This property features: - Signalized corner lot with high traffic counts and great visibility on US Route 20.; - Drive-through window.; - 45 parking spaces.
    (440) 283-5143
    Request Owner's contact information
    1115 W Prospect Rd Ashtabula, OH 44004
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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
    1115 W Prospect Rd Ashtabula, OH 44004
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