1144 W Prospect Rd Ashtabula, OH 44004
This exceptional 0.2-acre commercial land parcel, located at 1144 W Prospect Rd in Ashtabula, Ohio, presents a unique opportunity for businesses seeking a strategic location in Ashtabula County. The property is designated as single-tenant land, offering complete control and flexibility for development. With a total building square footage of 1 square foot (suitable for new construction), this site is ideal for a variety of commercial ventures. The property's address is conveniently situated at 1144 W Prospect Rd, providing excellent visibility and accessibility. The lot size of 0.2 acres offers ample space for building and potential expansion. Situated in Ashtabula, Ohio, zip code 44004, this location benefits from the area's established infrastructure and proximity to local amenities. This is a rare opportunity to acquire a strategically located commercial land parcel in a growing market. The property is currently available for lease, allowing for immediate development and occupancy. Interested parties are encouraged to act quickly to secure this prime commercial real estate opportunity. The property is classified as commercial land within Ashtabula County, Ohio. Further details regarding zoning and development possibilities are available upon request. This is an excellent chance to establish a strong presence in a thriving community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.