1991 Hubbard Rd Madison, OH 44057
This exceptional 0.078-acre commercial lot in Madison, Ohio, presents a unique investment opportunity. Located at 1991 Hubbard Road, this flat, cleared parcel boasts 37,984 square feet of buildable land, ideally situated in a thriving commercial area. Utilities are conveniently located at the road, eliminating costly infrastructure hurdles and ensuring immediate construction readiness. The site has undergone comprehensive environmental remediation, having previously been a gas station, with Stage 1 and Stage 2 mitigation completed. Its proximity to Lake Erie (approximately 2 miles) adds significant appeal. The property's zoning allows for a wide range of business classifications, making it particularly attractive for retail ventures. The rear of the property features existing post lights. This ready-to-develop lot offers an excellent chance to establish a business in a high-traffic area with strong commercial potential. The asking price is $128,000. This is a rare opportunity to acquire a fully prepared commercial lot in a desirable location. Don't miss out on this chance to build your business in a prime spot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.