3410 Rdg E Rd Ashtabula, OH 44004-4312
- Outlet malls
- 14,850 SF
- 1.38 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 3410 Rdg E Rd
- Year built
- 1999
- Lot size
- 1.38 lot acres
- Property size
- 14,850 SF
- Property type
- Outlet malls
- APN
- 03-030-00-033-01
- APU
- 30300003301
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $250,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $240,000
- Mixed-Use
- $210,000
- Hospitality
- $195,000
- Educational
- $200,000
- Residential Income
- $185,000
- Energy
- $205,000
- Income-Based Land
- $180,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Ashtabula
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.7513
- Latitude
- 41.8792
- CBSA code
- 11780
- CBSA name
- ASHTABULA, OH MICROPOLITAN STATISTICAL AREA