528 & Interstate 90 Madison, OH 44057
This exceptional 38.83-acre development opportunity is strategically located at the intersection of State Route 528 and Interstate 90 in Madison, Ohio (zip code 44057), offering unparalleled visibility and accessibility. The property boasts a highly desirable B-5, Interstate Business zoning designation, making it suitable for a wide range of commercial and industrial uses. With approximately 2,179 feet of frontage on I-90 and 630 feet on SR 528 (S. Madison Road), this site presents a rare chance to capitalize on its high-traffic location. The land is divided into three parcels with APNs: 02A002A000020, 02A002A000030, 02A002A000040, and 02A002A000050. All utilities, including water and sewer, are available on SR 528. The property's proximity to major transportation arteries, including I-90, positions it ideally for businesses seeking easy access to regional and national markets. Its location halfway between Chicago and New York, just 35 minutes from Cleveland, further enhances its appeal. Nearby amenities include the Spire Institute, Lake Erie, and Metro Park Systems. The site is also adjacent to the new Madison Village Fire Station. This location benefits from being in Northeast Ohio's wine country and a major industrial corridor connecting Cleveland, Mentor, Ashtabula, and Erie, PA. Economic incentives, including potential Water Tower District and Economic Incentive Grant opportunities, may be available. The asking price for this remarkable property is $5,824,500.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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