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    Madison Rd Madison, OH 44057

    For Sale
    $1,773,600

    59 Acres, I-90 Access, Zoned Industrial

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 59.12-acre parcel of land presents a significant opportunity for industrial development. Strategically located on South Madison Road (SR 528) in Madison, Ohio, this property boasts approximately 1,235 feet of frontage, providing excellent visibility and accessibility. The site is zoned for industrial use and offers significant advantages for businesses seeking a prime location. Currently, the majority of the acreage is used for farming, offering a blank canvas for future development. Utilities are readily available, with electric, gas, and water already on-site. Sanitary sewer access is conveniently located at the nearby fire station. The property's exceptional location provides easy access to Interstate 90, ensuring seamless transportation and logistics for any industrial operation. The asking price for this expansive industrial land is $1,773,600. Parcel number 02A002A000170. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a thriving Ohio location. Don't miss out on this chance to build your next industrial venture. The property is located in Lake County, Ohio, with a zip code of 44057.

    Property Features for 0 Madison Rd

    General Information

    Property type
    Land
    Lot Size
    2,575,267 SF

    HighLights

    • 59.12‑acre industrial land parcel in Madison, OH.
    • 1,235 feet of frontage on SR 528 (South Madison Road) provides excellent visibility and accessibility.
    • Zoned for industrial use with utilities (electric, gas, water) available; sewer access nearby.
    • Convenient I‑90 access for seamless logistics.
    • Asking price: $1,773,600; Parcel # 02A002A000170.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Lake
    State
    Ohio
    Longitude
    -81.0466202
    Latitude
    41.7364994

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    FAQs

    What type of property is this?
    Land - 59 Acres, I-90 Access, Zoned Industrial
    Where is this land located?
    The property is located at Madison Rd Madison, OH.
    What is the asking price?
    The asking price for this property is $1,773,600.
    What are key features of this property?
    This property features: 59.12-acre industrial land parcel in Madison, OH.; 1,235 feet of frontage on SR 528 (South Madison Road) provides excellent visibility and accessibility.; Zoned for industrial use with utilities (electric, gas, water) available; sewer access nearby.
    (440) 255-5552
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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
    Madison Rd Madison, OH 44057
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