Property summary
This exceptional investment opportunity presents 22,488 square feet of flexible commercial space situated on a 6.11-acre lot in Madison, Ohio. The property boasts two meticulously maintained buildings, each offering 16-foot ceilings and a combined total of nine overhead doors, complemented by substantial exterior storage areas. The versatile space currently accommodates a mix of heavy commercial, retail, and office tenants, all under long-term leases, ensuring a consistent income stream. The property's strategic location along North Ridge Road (US Route 20) provides significant visibility with over 272.7 feet of frontage, capitalizing on high traffic counts. Its proximity to a rapidly expanding area, including a Walmart Supercenter, further enhances its appeal and potential for future growth. The existing tenant base provides a stable foundation for immediate returns, while the ample space and strategic location offer significant opportunities for expansion and increased revenue generation. This property represents a compelling investment prospect for those seeking a stable, high-yield asset in a dynamic market. The property's blend of uses and long-term leases make it an attractive option for investors seeking both immediate income and future appreciation potential.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Tour Operator Travel Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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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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