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    Capital Blvd Macedonia, OH 44056

    Sponsored
    For Sale
    $919,000

    Prime Ohio Commercial Land - $919,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Macedonia, Ohio. Located on Capital Blvd in Summit County, this property boasts a highly desirable location with convenient access to major transportation routes, making it ideal for a variety of commercial developments. The expansive lot size offers ample space for a wide range of projects, from retail centers and office buildings to light industrial facilities. The property's zoning (which should be independently verified) will dictate the permissible uses. The asking price is $919,000, representing a compelling value for a property of this size and location in a thriving Ohio market. Detailed site surveys and environmental reports are available upon request. Prospective buyers are encouraged to conduct their own due diligence to confirm suitability for their intended use. This is a rare opportunity to acquire a significant commercial land holding in a strategic location with strong growth potential. The property's address is Capital Blvd, Macedonia, OH 44056. Coordinates are 41.2983696 latitude and -81.5132197 longitude. Serious inquiries only.

    Property Features for 0 Capital Blvd

    General Information

    Property type
    Land
    Lot Size
    196,020 SF

    HighLights

    • $919,000 asking price.
    • 4.5‑acre commercial land parcel.
    • Located in Macedonia, Ohio, Summit County, zip code 44056.
    • Property address: Capital Blvd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Macedonia
    County
    Summit
    State
    Ohio
    Longitude
    -81.5132197
    Latitude
    41.2983696

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    FAQs

    What type of property is this?
    Land - Prime Ohio Commercial Land - $919,000
    Where is this land located?
    The property is located at Capital Blvd Macedonia, OH.
    What is the asking price?
    The asking price for this property is $919,000.
    What are key features of this property?
    This property features: $919,000 asking price.; 4.5-acre commercial land parcel.; Located in Macedonia, Ohio, Summit County, zip code 44056.
    Request Owner's contact information
    Capital Blvd Macedonia, OH 44056
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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
    Capital Blvd Macedonia, OH 44056
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