Property profile

0 Schenley Ave Ashtabula, OH 44004

OFF-MARKET
Land
0.18 ac lot
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Property summary

AI-generated overview

This exceptional 0.184-acre commercial lot is situated on a signalized corner at the intersection of US Route 20 and Schenley Avenue in Ashtabula, Ohio (44004). Boasting 150 feet of frontage on Route 20, the property benefits from a high-traffic location with an impressive 21,013 Annual Average Daily Traffic (AADT). Its prime position along the main commercial corridor of Ashtabula County offers unparalleled visibility and accessibility for businesses. The lot is zoned LB Local Business District/R-2 Low Density Residential, providing flexibility for various commercial uses. City utilities are readily available, sidewalks are in place, and a curb cut is conveniently located on Schenley Avenue. This key parcel presents a significant opportunity for redevelopment, with the potential for expansion onto adjacent properties. For qualified buyers, owner financing options may be considered. The property's APN is 030210002001.

Property profile

Verified
Property type Land
Lot 0.18 ac (8,015 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Schenley Ave Ashtabula, OH 44004
Ashtabula metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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