The property is configured as a retail investment asset in the Madison area and is positioned along Route 20, with access and visibility consistent with retail use. It is described as having four possible income-producing properties on the site, and it supports a flexible retail layout that can accommodate retail uses, including the potential for a retail pad. Any existing leases are described as month-to-month, and a sanitary sewer tap is available along Route 20 for a fee.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$6k

Tax billed · 2023

Assessed value$65k

Assessed land$35k

Assessed improvement$30k

Effective rate8.50%

Value estimate

· Nov 2026

$215k

$194k – $237k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$84/SF

County average, outlier-cleaned · 26 recorded sales of this use type

Observed band · Q1–Q3$51 – $119

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

B-2

The intent of this zone to promote Highway Business Zone use

General categoryCOMMERCIAL

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency9.4

Electrical Service9.4

Hair Salon9.2

5909 Rdg Rd Madison, OH 44057-2439

County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby

Address Sale price Sold Size

139 Un, Madison, OH 44057-3123 $180,000 Dec 2025 3,260 SF

4393 Madison, Madison, OH 44057-9502 $225,000 Dec 2024 1,546 SF

7930 Rdg, Madison, OH 44057-9749 $33,540 Oct 2023 1,363 SF

Chapel, Madison, OH 44057 $125,000 Aug 2023 1,860 SF

6728 Lk, Madison, OH 44057-1220 $200,000 Mar 2023 1,363 SF

7540 Rdg, Madison, OH 44057-2622 $120,000 Apr 2022 1,080 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$220,000

2,800 SF

7301 Rdg Rd

PARKING GARAGE, PARKING STRUCTURE

7301 Rdg Rd, Madison, OH 44057-2626

View Details
Value Estimation
$70,000

2,952 SF

86 Lk St

PARKING GARAGE, PARKING STRUCTURE

86 Lk St, Madison, OH 44057-3114

View Details
Value Estimation
$160,000

3,260 SF

139 Un St

PARKING GARAGE, PARKING STRUCTURE

139 Un St, Madison, OH 44057-3123

View Details
Value Estimation
$250,000

3,384 SF

6797 Chapel Rd

PARKING GARAGE, PARKING STRUCTURE

6797 Chapel Rd, Madison, OH 44057-2257

View Details
Value Estimation
$215,000

2,072 SF

Hubbard Rd

SERVICE STATION (FULL SERVICE)

Hubbard Rd, Madison, OH 44057

View Details
Value Estimation
$315,000

4,464 SF

6550 Rdg Rd

CAR WASH

6550 Rdg Rd, Madison, OH 44057-2552

View Details

Similar Nearby for Sale

New

Contact for pricing
3,555 SF

Established Auto Shop For Sale

Operating tire and service business with real estate included.

6797 Chapel Rd, Madison, OH 44057

View Details
New

$3,000,000

3,700 SF

Modern Car Wash For Sale

State-of-the-art car wash built in 2022.

2606 Green Rd, Madison, OH 44057

View Details
Contact for pricing
3,700 SF

Two-Storefront Retail Property

Standalone retail building with two separately sized storefront areas.

6641 Chapel Rd, Madison, OH 44057

View Details

Similar in This City for Lease

New

Contact for pricing
3,500 sqft

Retail Space with Retail Co-Tenants

Available commercial space along North Ridge Road near established retail operators and daily vehicle activity.

6581-6603 N Ridge Rd, Madison, OH 44057

View Details
Contact for pricing
5,375 sqft

Retail Space Available For Lease

5375 SF retail space available for lease.

331 N Lake St, Madison, OH

View Details
New

Contact for pricing
1,200 sqft

Retail Space

Retail space with convenient access to Interstate 90.

6641 Chapel Rd, Madison, OH 44057

View Details

Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

You own 5909 Rdg Rd?

List it free. Reach 20,000 daily buyers.

We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.

5909 Rdg Rd Madison, OH 44057

Property summary