5573 Ridge Rd Madison, OH 44057
- Retail properties
- 17.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5573 Ridge Rd
- Year built
- 1965
- Lot size
- 17.90 lot acres
- Property type
- Retail properties
Description
This exceptional 17.9-acre development site presents a rare opportunity in Madison, Ohio. Located on the north side of heavily trafficked North Ridge Road (Rt. 20), this property boasts an impressive 400 feet of road frontage. The site comprises two parcels, offering significant flexibility for development. The larger parcel extends approximately 2,000 feet in depth. The zoning is mixed, featuring approximately 500 feet of B-2 (Regional Business) zoning, allowing for a variety of commercial uses including restaurants, fast food establishments, office spaces, and retail outlets. The remaining northern portion is zoned A-1 (Agricultural). Utilities are readily available, including municipal water (Aqua Ohio), electricity (Illuminating Company), natural gas (Enbridge Gas), and Spectrum services. An existing septic system is in place. A sizable pond is situated on the northern section of the property. The previous use of the land was a used car business. This prime location and substantial acreage offer immense potential for a wide range of commercial ventures. The property is priced at $450,000. Contact to schedule a viewing.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Lake
- State
- Ohio
- Longitude
- -81.089
- Latitude
- 41.7962
