1250 Canfield Niles Rd Mineral Ridge, OH 44440
This exceptional 5-acre commercial development site is strategically located at the Mineral Ridge Highway exit in Mineral Ridge, Ohio (44440), boasting over 541 feet of frontage along Canfield Niles Road (1250 N Canfield Niles Rd). The property is zoned for a variety of uses, including retail, hospitality, mixed-use, and QSR/fast food establishments, as well as gas stations. With a vacant status and an asking price of $1,500,000, this presents a unique opportunity for developers seeking high-visibility locations. The site benefits from exceptional traffic counts of 20,167 vehicles per day (VPD), as reported by ODOT TIMS. This high traffic volume is further enhanced by the presence of established businesses in the immediate vicinity, including Pilot, Sheetz, Travel Centers, Chipotle, Starbucks, and Dunkin'. While a separate self-storage property is available for sale, it is not included in this offering. This prime location offers significant potential for a variety of commercial developments. The property is sold as-is, with a NNN lease type and zero remaining lease term. The land is currently vacant and offers a blank canvas for a new commercial venture. This is a rare opportunity to acquire a highly visible and well-located development site in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.