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    Property profile & analytics

    9908 Milan Rd Milan, OH 44846

    • Land
    • 34.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 9908 Milan Rd

    Lot size
    34.58 lot acres
    Property type
    Land

    Description

    This exceptional 34.58-acre commercial land parcel boasts a prime location on heavily trafficked US Route 250 in Milan, Ohio, Erie County, zip code 44846, offering unparalleled visibility and accessibility. Situated at 9908 Milan Road, this Class A property presents a unique investment opportunity with approximately 300 feet of frontage on US 250, a major thoroughfare leading to the renowned Cedar Point amusement park, experiencing over 12,000 vehicles daily. The asking price is $2,695,000, translating to $110,000 per acre. The land is 100% free and clear. Currently zoned for potential RV/campground development, this versatile property offers significant flexibility for various commercial ventures, subject to county approvals. Nearby developments include a modern indoor shooting range and other ongoing projects along SR 250, indicating a thriving and expanding area. An adjacent 8.1-acre parcel with approximately 1,100 feet of US 250 frontage is also available, presenting an opportunity to acquire a larger contiguous land holding for even greater development potential. This presents an exceptional chance to capitalize on the booming growth in this highly desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Erie
    State
    Ohio
    Longitude
    -82.6312
    Latitude
    41.3479

    Comparable in this City

    • Value Estimation by Request
      0.77 Acres

      Us 250

      Land • 0.77 Acres
      0 Us 250, Milan, OH 44846
      View Details
    • Value Estimation by Request
      1.06 Acres

      Frnt Front

      VACANT COMMERCIAL LAND • 1.06 Acres
      Frnt Front, Milan, OH 44846
      View Details
    • Value Estimation by Request
      0.30 Acres

      Ctr Center

      VACANT COMMERCIAL LAND • 0.30 Acres
      Ctr Center, Milan, OH 44846
      View Details
    • Value Estimation by Request
      0.89 Acres

      Water

      VACANT COMMERCIAL LAND • 0.89 Acres
      Water, Milan, OH 44846
      View Details
    • Value Estimation by Request
      1.35 Acres

      Milan, OH 44846

      VACANT COMMERCIAL LAND • 1.35 Acres
      Milan, OH 44846
      View Details
    • Value Estimation by Request
      0.19 Acres

      Water

      VACANT COMMERCIAL LAND • 0.19 Acres
      Water, Milan, OH 44846
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.77 Acres

      Prime Milan, OH Commercial Land

      I-90 Highway frontage, flexible acreage.
      0 Us 250, Milan, OH 44846
      View Details
    • Contact for pricing

      I-90 Development Opportunity in Milan

      Unique development opportunity along I-90 in Milan, Ohio.
      Strecker Rd W, Milan, OH 44846
      View Details
    • $990,000
      18.00 Acres

      Milan Road Commercial Land & Building

      18+ Acres, Commercial Zoning, High Visibility
      11004 Milan Rd, Milan, OH 44846
      View Details
    • $299,000
      0.94 Acres

      Commercial Property on High-Visibility Corridor

      Prime commercial opportunity with high visibility and expansion potential.
      9505 Milan Rd, Milan, OH 44846
      View Details
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    9908 Milan Rd
    Milan, OH 44846
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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
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