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    1144 Prospect Rd Ashtabula, OH 44004

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    1144 Prospect Rd Ashtabula, OH 44004


    • Outlet malls
    • 45,683 SF
    • 7.23 lot acres
    Ashtabula Retail Out-Parcel Opportunity For Lease
    $1,640,000

    Ashtabula Retail Out-Parcel Opportunity

    Retail storefront opportunity at a high-traffic Ashtabula intersection.

    1144 W Prospect Road, Ashtabula, OH 44004
    View Listing
    Property ID
    US66-2466120
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar Tree / Discount Store
    • Ashtabula Commons / Business Service Center / Corporate Office
    • Busy Beaver Building Center #60 / Building Supply / Hardware & Home Improvement
    • Rite Aid Photo / (Bike/Boat/Book/etc) Store
    • Coinhub Bitcoin ATM Teller / Atm

    Property Details for 1144 Prospect Rd

    Year built
    1999
    Lot size
    7.23 lot acres
    Property size
    45,683 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    05-103-00-034-00
    APU
    51030003400

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,732,000
      Market price range: $836k - $2.78M
      AI Estimate
      $2,242,000
      Market price range: $1.01M - $3.84M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,765,000
      Current use
      COMMERCIAL (GENERAL)
      $2,570,000
      Change: +46% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,380,000
      Change: +35% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,975,000
      Change: +12% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,460,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.7973
    Latitude
    41.8616
    CBSA code
    11780
    CBSA name
    ASHTABULA, OH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,054
    $137,100
    $307,900
    $445,000
    -
    $391,700
    $879,700
    $1,271,400
    View Listing
    More about this property
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