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    SR 45 Center Rd Ashtabula, OH 44004

    Sponsored
    For Sale
    $1,390,000

    139 Acres, R-2 Zoning, Scenic Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 139-acre property in Ashtabula County, Ohio, presents a unique investment opportunity. Located on Center Road (SR 45), this expansive land parcel boasts approximately 1,840 feet of frontage along the highway, providing excellent visibility and accessibility. The property is conveniently situated just one mile north of Interstate 90 and one mile south of SR 84, ensuring easy access to major transportation routes. The land is zoned R-2, permitting both residential and agricultural uses, opening up a wide range of development possibilities. Parcel numbers 480290000100 and 480230003500 encompass the entire acreage. The picturesque setting offers stunning views of a nearby river, adding to its considerable appeal. Furthermore, the property's location directly across from the Maple Ridge Golf Course enhances its desirability and potential for future development. The asking price for this remarkable property is $1,390,000. This is a rare chance to acquire a substantial land holding in a desirable location with significant development potential. The combination of convenient location, versatile zoning, and scenic beauty makes this an exceptional investment opportunity. Contact us today to learn more.

    Property Features for SR 45 Center Rd

    General Information

    Property type
    Farms
    Lot Size
    6,054,840 SF

    HighLights

    • 139± Acres in Ashtabula County, Ohio
    • 1,840± Feet of frontage on SR 45
    • Parcel Numbers 480290000100 & 480230003500
    • R‑2 Zoning (Residential/Agricultural)
    • 1 Mile to I‑90 and 1 Mile to SR 84
    • Scenic views of a nearby river
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Auto Parts Store Grocery Store Garden Center Computer & Electronic Repair Pet Store Pet Grooming Service Adult Day Care Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.7879407
    Latitude
    41.8466216

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    FAQs

    What type of property is this?
    Farm - 139 Acres, R-2 Zoning, Scenic Views
    Where is this farm located?
    The property is located at SR 45 Center Rd Ashtabula, OH.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: 139± Acres in Ashtabula County, Ohio; 1,840± Feet of frontage on SR 45; Parcel Numbers 480290000100 & 480230003500
    Request Owner's contact information
    SR 45 Center Rd Ashtabula, OH 44004
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    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
    SR 45 Center Rd Ashtabula, OH 44004
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