6655 Ridge RdMadison, OH 44057
- Retail properties
- 11,114 SF
Property Details for 6655 Ridge Rd
- Year built
- 1997
- Lot size
- 1.28 AC
- Property size (Sq ft)
- 11,114 SF
- Zone code
- B2
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- 01-B-108-A-00-005-0
- APU
- 01B108A000050
Description
This exceptional single-tenant commercial property, located at 6655 N. Ridge Rd in Madison, Ohio, presents a significant opportunity for retail or restaurant businesses. The property boasts a substantial 11,180 square feet of vacant space, ready for immediate occupancy. Situated on a generous 1.34-acre lot, the building offers ample space for both interior operations and exterior amenities. The property's address is 6655 N Ridge Rd, Madison, OH 44057, with GPS coordinates of 41.8027398 latitude and -81.0497191 longitude. The property's APN is 01-B-108-A-00-005. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The substantial square footage allows for a large-scale operation or the potential for subdividing the space for multiple uses. The expansive lot size offers ample parking and potential for outdoor seating or other supplementary features. This property represents a rare opportunity to acquire a significant commercial space in a desirable location. Serious inquiries are encouraged.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,939,129
- 6.5%
- $2,713,042
- 7%
- $2,519,254
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,619,801
- Geo Method
- $2,619,801
-
Alternative Use
- Use
- Valuation
- Residential
- $2,288,553
- Hospitality
- $2,096,302
- Educational
- $1,744,099
- Medical
- $1,804,081
- Retail
- $2,713,042








Location Insight
- City
- Madison
- County
- Lake
- State
- Ohio
- Latitude
- 41.8026
- Longitude
- -81.0497
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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