240 Highland Rd Macedonia, OH 44056
- Parking lots & garages
- 7,650 SF
- 0.90 lot acres
Current Use by Public Records
- Knights Inn Macedonia / Hotel
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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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
