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

    90 And State Rte Madison, OH 44057

    For Sale
    $5,824,500

    38 Acres, B-5 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 38.83-acre commercial land parcel presents a unique investment opportunity in Madison Village, Ohio. Strategically located at the southwest quadrant of the intersection of Interstate 90 and State Route 528, this property boasts unparalleled visibility and accessibility. The B-5: Interstate Business zoning designation allows for a wide range of commercial development possibilities, catering to businesses seeking high-traffic exposure. The expansive lot size offers ample space for large-scale projects, while its prime location ensures significant potential for return on investment. Situated in Lake County, Ohio, with a 44057 zip code, this property is easily accessible from major transportation arteries, making it an ideal location for businesses seeking convenient access to regional and national markets. The property's high visibility from Interstate 90 guarantees significant brand exposure, attracting a large customer base. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand location with exceptional development potential. The asking price is $5,824,500.

    Property Features for 90 And State Rte

    General Information

    Property type
    Land
    Lot Size
    1,691,435 SF

    HighLights

    • 38.83± acre site.
    • B‑5 Interstate Business zoning.
    • High visibility from Interstate 90.
    • Prime southwest quadrant location at I‑90 and SR 528.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Lake
    State
    Ohio
    Longitude
    -81.047205738801
    Latitude
    41.755252284314

    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
    • $255,000
      Pending

      Well-Maintained Duplex in Madison Village

      Updated duplex perfect for owner-occupant or investor in Madison.
      268 N Lake St, Madison, OH 44057
      View Details
    • $225,000
      2.13 Acres

      Commercially Zoned Land in Madison, Ohio

      2.13 acres of commercially zoned land with high visibility.
      5662 N Ridge Rd, Madison, OH 44057
      View Details
    • $65,000
      10.45 Acres

      Profitable Snap Fitness Franchise Opportunity

      Established Snap Fitness franchise for sale in Madison, Ohio.
      6581 N Ridge Rd, Madison, OH 44040
      View Details
    • New
      $250,000
      4,015 SF

      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

    FAQs

    What type of property is this?
    Land - 38 Acres, B-5 Zoning, High Visibility
    Where is this land located?
    The property is located at 90 And State Rte Madison, OH.
    What is the asking price?
    The asking price for this property is $5,824,500.
    What are key features of this property?
    This property features: 38.83± acre site.; B-5 Interstate Business zoning.; High visibility from Interstate 90.
    (440) 255-5552
    Request Owner's contact information
    90 And State Rte 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.
    90 And State Rte
    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
    90 And State Rte 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.