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    307 Oh-528 Madison, OH 44057

    Sponsored
    For Sale
    $2,564,470

    17+ Acres, Prime I-90 Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17.686-acre commercial, industrial, and residential land parcel presents a unique investment opportunity in Madison, Ohio. Located at the highly visible Grand River Gateway development, this property boasts unparalleled access to I-90 (Exit 212), with 36,551 vehicles passing daily, and SR 528, seeing 7,383 vehicles per day. The site is zoned B-5 Highway Business - Industrial District, offering flexibility for a variety of uses. Utilities are conveniently located at the newly constructed Great Lakes Way. The property's strategic position is further enhanced by its adjacency to the new 110,000 square foot Great Lakes Power global headquarters and an 18-acre Love's Travel Stops & Country Store. Millions of dollars in infrastructure improvements have already been completed in this rapidly developing area. The dimensions of the parcel are approximately 1,745 feet by 867.88 feet. The asking price is $2,564,470, representing a price per acre of $145,000. The property's APN is 02-A-002-A-00-008-0 and is offered fee simple. Significant economic incentives may be available. This is a rare chance to acquire a premier development site in a high-growth area.

    Property Features for 307 Oh-528

    General Information

    Property type
    Land
    Lot Size
    770,402 SF

    HighLights

    • 17.686‑acre commercial, industrial, and residential land parcel in Madison, Ohio.
    • High‑visibility location at Grand River Gateway, with excellent access to I‑90 (Exit 212) and SR 528.
    • B‑5 Highway Business - Industrial zoning allows for diverse uses.
    • Utilities readily available at Great Lakes Way.
    • Adjacent to Great Lakes Power headquarters and Love's Travel Stops.
    • Asking price: $2,564,470 ($145,000/acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Lake
    State
    Ohio
    Longitude
    -81.04650521
    Latitude
    41.75488009

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    FAQs

    What type of property is this?
    Land - 17+ Acres, Prime I-90 Location
    Where is this land located?
    The property is located at 307 Oh-528 Madison, OH.
    What is the asking price?
    The asking price for this property is $2,564,470.
    What are key features of this property?
    This property features: 17.686-acre commercial, industrial, and residential land parcel in Madison, Ohio.; High-visibility location at Grand River Gateway, with excellent access to I-90 (Exit 212) and SR 528.; B-5 Highway Business - Industrial zoning allows for diverse uses.
    Request Owner's contact information
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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
    307 Oh-528 Madison, OH 44057
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