Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5982 Ridge Rd Madison, OH 44057

    Sponsored
    For Sale
    $749,900

    High-traffic, 4.33-acre commercial lot. Prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.33-acre commercial land parcel presents a unique investment opportunity along the heavily trafficked U.S. Route 20 corridor in Madison, Ohio. Boasting over 444 feet of frontage, this property enjoys a highly visible location with an impressive 23,715 average annual daily traffic (AADT) count. Its strategic placement ensures maximum exposure for any development. The site is ideally situated near a cluster of established businesses, including Walmart, Circle K, Verizon, and Sheetz, along with numerous other retail and dining establishments, creating a vibrant and thriving commercial environment. Zoned B-2 Regional Business, this property offers significant flexibility for a wide range of commercial uses. The property's location in Lake County, Ohio, at 5982 N Ridge Rd, Madison, OH 44057 (APN: 01B1210000020) provides easy access to major transportation routes and a strong consumer base. The asking price for this premier development site is $749,900. Don't miss this chance to acquire a highly desirable commercial property in a prime location.

    Property Features for 5982 Ridge Rd

    General Information

    Property type
    Land
    Lot Size
    188,615 SF

    HighLights

    • 4.33‑acre premier development site with 444 feet of frontage on heavily trafficked US Route 20.
    • High visibility location with 23,715 AADT.
    • Excellent location near Walmart, Circle K, Verizon, Sheetz, and other retail/dining businesses.
    • B‑2 Regional Business zoning allows for diverse commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Lake
    State
    Ohio
    Longitude
    -81.076184577997
    Latitude
    41.800270388274

    Nearby Comparable

    • $3,000,000
      11.47 Acres

      Madison Commercial Land - $3M

      High-traffic, 11-acre development site.
      6008 Ridge Rd, Madison, OH 44057
      View Details
    • $3,000,000
      1.94 Acres

      Modern Car Wash on Green Road

      State-of-the-art car wash built in 2022, high revenue.
      2606 Green Rd, Madison, OH 44057
      View Details
    • Contact for pricing
      1.00 Acre

      Madison, OH Commercial Land Outlots

      Prime Retail Land, US Route 20, Build-to-Suit
      0 Ridge Rd, Madison, OH 44057
      View Details
    • $250,000
      2.13 Acres

      Madison Retail Development Opportunity

      High-visibility land, 2.13 acres, $250,000
      5662 Ridge Rd, Madison, OH 44057
      View Details
    • $450,000
      17.90 Acres

      Madison Retail Development Site

      17.9 Acres, High Visibility, Prime Location
      5573 Ridge Rd, Madison, OH 44057
      View Details
    • Contact for pricing

      Prime Commercial Land in Madison

      One acre commercial land for sale in Madison, Ohio.
      6483 N Ridge Rd, Madison, OH 44057
      View Details
    • Contact for pricing

      Madison Retail Development Land

      Prime 1-Acre Commercial Lot in Madison, OH
      6521 Ridge Rd, Madison, OH 44057
      View Details
    • $375,000
      5,041 SF

      Madison Retail Center - High Visibility

      Three-unit retail building, high traffic area, strong tenants.
      6659 Ridge Rd, Madison, OH 44057
      View Details

    Nearby Similar for Sale

    • $250,000
      0.08 Acres

      Downtown Madison Mixed-Use Property

      Mixed-use building in prime location with commercial and residential units.
      13-15 W Main St, Madison, OH 44057
      View Details
    • $250,000
      Pending

      Madison, OH Four-Family Property

      Four-unit property with strong rental income on a large lot.
      5466 South Ridge Rd, Madison, OH 44057
      View Details
    • $299,000
      0.40 Acres

      Retail Building in Madison Village

      Free-standing 1,250 SF retail building with ample parking.
      5 E Main St, Madison, OH 44057
      View Details
    • $3,000,000
      1.94 Acres

      Modern Car Wash on Green Road

      State-of-the-art car wash built in 2022, high revenue.
      2606 Green Rd, Madison, OH 44057
      View Details
    • $499,000
      7,784 SF

      Restaurant, Bar, and Apartment Building

      Restaurant, bar, apartment with frontage on US Route 20.
      6884 N Ridge Rd, Madison, OH 44057
      View Details
    • Contact for pricing

      Commercial Kitchen with Well

      Commercial kitchen with on-site well and modern sewage system.
      7774 Warner Rd, Madison, OH 44057
      View Details
    • $450,000
      17.90 Acres

      Madison Retail Development Site

      17.9 Acres, High Visibility, Prime Location
      5573 Ridge Rd, Madison, OH 44057
      View Details
    • $375,000
      5,041 SF

      Madison Retail Center - High Visibility

      Three-unit retail building, high traffic area, strong tenants.
      6659 Ridge Rd, Madison, OH 44057
      View Details
    • $299,000
      1,250 SF

      Madison Village Retail Opportunity

      Prime Retail Space, High Visibility
      5 Main St, Madison, OH 44057
      View Details
    • $250,000
      2.13 Acres

      Madison Retail Development Opportunity

      High-visibility land, 2.13 acres, $250,000
      5662 Ridge Rd, Madison, OH 44057
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic, 4.33-acre commercial lot. Prime location.
    Where is this land located?
    The property is located at 5982 Ridge Rd Madison, OH.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: 4.33-acre premier development site with 444 feet of frontage on heavily trafficked US Route 20.; High visibility location with 23,715 AADT.; Excellent location near Walmart, Circle K, Verizon, Sheetz, and other retail/dining businesses.
    Request Owner's contact information
    5982 Ridge Rd Madison, OH 44057
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5982 Ridge Rd
    Madison, OH 44057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5982 Ridge Rd Madison, OH 44057
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.