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Property profile & analytics
FOR LEASE
Outlet malls

3410 North Ridge Rd Ashtabula, OH 44004

14,850 SF 1.38 ac lot Built 1999
Entity Owned 5-yr Hold Free & Clear
Property ID
US66-1994190
Property summary
AI-generated overview

This exceptional retail property, located at 3410 N Ridge Rd (US Route 20) in Ashtabula County, offers a significant opportunity for businesses seeking high visibility and ample space. The building, identified by APN 030300003301, is zoned for Local Business District use and boasts a total of 14,850 square feet. Currently, a substantial 12,375 square feet of retail space is available for lease, presenting a blank canvas for a variety of commercial ventures. The space is adaptable and can be subdivided to accommodate specific tenant needs. The property features convenient access via one 10' x 10' overhead door. Its strategic location across the street from the Ashtabula Towne Center Mall and Walmart, just east of State Route 11 on US Route 20, ensures high traffic volume and excellent exposure to a large customer base. The property's history includes use as the former Griffiths Furniture and Appliance Store, indicating its suitability for retail operations. This prime location offers a unique chance to establish a thriving business in a bustling commercial area. The property is a single-tenant space, providing exclusive use and control. Serious inquiries are encouraged to explore this exceptional retail opportunity.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1999
Total area 14,850 SF
Lot 1.38 ac (60,069 SF)
APN 03-030-00-033-01
UPID US66-1994190
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
Maydon LLC · 5 yrs held
Maydon LLC
since 2020
Last sale
$320,000
1 recorded transaction
2020
$12,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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