240 Highland Rd Macedonia, OH 44056
Property Lookup
Property profile & analytics
240 Highland Rd Macedonia, OH 44056
- Parking lots & garages
- 7,650 SF
- 0.90 lot acres
Property ID
US66-1154363
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.
Location Intelligence
Current Use by Public Records
- Knights Inn Macedonia / Hotel & Motel
Property Details for 240 Highland Rd
- Lot size
- 0.90 lot acres
- Property size
- 7,650 SF
- Property type
- Parking lots & garages
- APN
- 33-03740
- APU
- 3303740
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Macedonia
- County
- Summit
- State
- Ohio
- Longitude
- -81.5154
- Latitude
- 41.2983
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN 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
$3,174
$47,250
$2,480
$49,730
-
$135,000
$7,090
$142,090
