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Property profile & analytics
OFF-MARKET
Manufacturing properties

1862 Broadway Geneva, OH 44041-8116

1,238 SF 2.25 ac lot Built 1900
Entity Owned 5-yr Hold Free & Clear
Property ID
US66-1318738
Property summary
AI-generated overview

This exceptional 2.25-acre commercial land parcel presents a unique opportunity for retail development in Geneva, Ohio. Located at 1862 S Broadway, this single-tenancy site boasts a highly desirable location directly in front of the Spire Institute & Academy, a major draw attracting over 1.5 million annual visitors. The property's strategic positioning ensures high visibility and accessibility for potential businesses. Classified as Commercial land with Retail and Industrial subtypes, this site offers significant potential for a variety of retail uses. The substantial lot size (2.25 acres) provides ample space for development, allowing for flexibility in design and building size. Situated in Ashtabula County, Ohio, with a 44041 zip code, this property benefits from a strong local economy and convenient access to major transportation routes. The existing high volume of foot traffic generated by Spire Institute & Academy makes this an ideal location for businesses seeking high exposure and a large customer base. This is a rare opportunity to acquire a prime retail development site in a thriving area with exceptional visibility and access. The property is zoned for commercial use and is ready for immediate development. Detailed site plans and zoning information are available upon request. Don't miss this chance to capitalize on this exceptional location and build a successful retail venture.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1900
Total area 1,238 SF
Lot 2.25 ac (98,010 SF)
APN 22-002-00-035-00
UPID US66-1318738
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
State Road Owner LLC · 5 yrs held
State Road Owner LLC
since 2021
Last sale
$181,500
4 recorded transactions
2024
Price N/A
2021
Price N/A
2021
$181,500
2011
$104,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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