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    11960 Us Highway 224 Alvada, OH 44802

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    For Lease
    $1,200 /Mo ($14 SF/Yr)

    Retail property with parking and highway frontage available for lease.

    Property size:
    1,000 SF
    Lot size:
    9.35 Acres

    Property Features for 11960 Us Highway 224

    General Information

    Size
    1,000 SF
    Lot size
    9.35 Acres

    Source: SVN Ascension Agent Patrick West

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

    Overview

    Highway Frontage Parking and Retail

    This property is strategically positioned at a signalized intersection, offering dual highway frontage and a traffic volume of 7,971 vehicles per day. It features excellent visibility and easy access, enhanced by 350 feet of corner frontage and two curb cuts. The property includes 50 customer car parking spots, 3 employee parking spots, and 20 truck parking spots. The property has 1,000 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Auto Repair Shop Department Store Storage Facility Electrical Service Car Rental Convenience Store Parking Facility

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

    Similar Places Nearby

    U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Alvada
    County
    Seneca
    State
    Ohio
    Longitude
    -83.39284
    Latitude
    41.083167

    FAQs

    What type of property is this?
    Parking lot & garage - Retail property with parking and highway frontage available for lease.
    Where is this parking lot & garage located?
    The property is located at 11960 Us Highway 224 Alvada, OH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Strategically positioned at signalized intersection with dual highway frontage.; - Excellent visibility with 350ft of corner frontage.; - Easy access with 2 curb cuts.
    (734) 344-2317
    Request Owner's contact information
    11960 Us Highway 224 Alvada, OH 44802
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    Alvada, OH 44802
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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
    11960 Us Highway 224 Alvada, OH 44802
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