1851 S Broadway, Austinburg, OH 44041
For Sale
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This exceptional 3.21-acre commercial property located at 1851 S Broadway in Geneva, OH, presents a unique redevelopment opportunity. The property's strategic location near Interstate 90 offers unparalleled accessibility and high visibility. Currently, the site houses a diverse mix of established businesses, including an automotive truck service and wash facility, a commercial drive-thru store, and a saloon and bar. This presents a compelling investment opportunity for developers seeking to capitalize on the existing infrastructure and high-traffic location. The substantial acreage allows for significant expansion or redevelopment potential, catering to a wide range of commercial ventures. The existing businesses offer immediate income potential, while the land itself provides ample room for future growth and development. This is an exceptional chance to acquire a well-positioned commercial property with immediate revenue streams and significant long-term potential. The property's proximity to Interstate 90 ensures convenient access for customers and employees alike, making it an ideal location for a variety of commercial uses. Serious inquiries are encouraged to explore the possibilities this unique property offers. The asking price is $1,595,000.
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.