Property summary
This exceptional 0.9-acre parcel at 240 Highland Rd, Macedonia, OH 44056, presents a prime opportunity for retail development. Located in the B-4 Highway Business District, the property boasts ±136 feet of frontage on Highland Road and ±165 feet on SR-8, offering unparalleled visibility to over 35,000 vehicles daily. The site's strategic position between I-271 and SR-8 provides exceptional highway access, with the I-271 North on-ramp just 0.2 miles away, the South on-ramp 0.6 miles, and the SR-8 and SR-82 intersection only 1.2 miles distant. A former motel has been removed, leaving the land cleared and ready for immediate construction. The depth of the lot is approximately 340 feet. Permitted uses under the B-4 zoning include public garages, auto repair shops, gas stations, car washes, motels/hotels, and restaurants. This location, on the southwest side of SR-8, is particularly well-suited for quick-service restaurants (QSRs), especially coffee shops, given its proximity to the I-271 on-ramp. The asking price for this highly desirable property is $585,000. Don't miss this chance to capitalize on this exceptional retail location.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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