Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sidley Ct & Corporate Dr Austinburg, OH 44010

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Sidley Ct & Corporate Dr Austinburg, OH 44010

    View on Map
    • Land
    • 7.08 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Sidley Ct & Corporate Dr

    Lot size
    7.08 lot acres
    Property type
    Land

    Description

    This exceptional 7.075-acre parcel of land presents a remarkable opportunity for commercial development in Austinburg, Ohio. Located at the intersection of Sidley Ct and Corporate Dr, this property boasts a highly desirable Accommodation/Commercial zoning designation (APN: 07-040-00-005-10, 07-040-00-005-30, 07-040-00-005-40, 07-040-00-005-50), making it suitable for a wide range of uses, including restaurants and highway-oriented businesses. Its strategic location offers unparalleled accessibility, situated near Exit 223 on Interstate 90, providing easy access to State Route 45 and Interstate 90. The property benefits from all utilities readily available at the street, simplifying infrastructure development. The site is further enhanced by its proximity to a newly opened Fairfield Inn by Marriott, indicating a thriving and growing area. The seller is open to combining or subdividing the land to accommodate various development plans, offering flexibility to potential buyers. This prime location and versatile zoning make this a truly exceptional investment opportunity. The property is situated in Ashtabula County, Ohio, with a zip code of 44010. Coordinates are 41.7863752 latitude and -80.8495128 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Austinburg
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.8495
    Latitude
    41.7864

    Comparable in this City

    • Value Estimation by Request
      0.90 Acres

      45 Interstate 90 & State Rte

      Land • 0.90 Acres
      45 Interstate 90 & State Rte, Austinburg, OH 44010
      View Details
    • Value Estimation by Request
      63.20 Acres

      45 Interstate 90 & State Rte

      Land • 63.20 Acres
      45 Interstate 90 & State Rte, Austinburg, OH 44010
      View Details
    • Value Estimation by Request
      139.73 Acres

      - SR 45 Center Rd

      Land • 139.73 Acres
      - SR 45 Center Rd, Austinburg, OH 44010
      View Details
    • Value Estimation by Request
      13.90 Acres

      45 Interstate 90 & State Rte

      Land • 13.90 Acres
      45 Interstate 90 & State Rte, Austinburg, OH 44010
      View Details
    • Value Estimation by Request
      139.00 Acres

      SR 45 Center Rd

      Land • 139.00 Acres
      SR 45 Center Rd, Austinburg, OH 44010
      View Details
    • Value Estimation by Request
      0.90 Acres

      Sidley Ct

      Land • 0.90 Acres
      0 Sidley Ct, Austinburg, OH 44010
      View Details

    Similar Nearby for Sale

    • $325,000
      45 SF

      Austinburg Land Parcel For Sale

      45.91 AC land parcel in Austinburg, OH, for sale.
      400 Center Rd, Austinburg, OH 44010
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Saybrook Township, Ohio.
      SR 45 Center Rd, Austinburg, OH 44010
      View Details
    • Contact for pricing

      Austinburg Land Parcel For Sale

      45.91 AC land parcel in Austinburg, OH for sale.
      400 Center Rd, Austinburg, OH 44010
      View Details
    • Contact for pricing
      7 SF

      I-90 Exit Development Sites

      7 acres of commercial land near I-90 available for sale.
      2782 Sidley Ct, Austinburg, OH 44010
      View Details
    • $1,260,000
      35.93 Acres

      36 Acres Near Interstate 90

      Cleared farmland near I-90 in Saybrook, Ohio.
      9019 Sr 45 Rd, Austinburg, OH 44010
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Sidley Ct & Corporate Dr
    Austinburg, OH 44010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!