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Property profile & analytics
OFF-MARKET
Land

5982 Ridge Rd Madison, OH 44057

4.33 ac lot
Property ID
US66-1936895
Property summary
AI-generated overview

This exceptional 4.33-acre commercial land parcel presents a unique investment opportunity along the heavily trafficked U.S. Route 20 corridor in Madison, Ohio. Boasting over 444 feet of frontage, this property enjoys a highly visible location with an impressive 23,715 average annual daily traffic (AADT) count. Its strategic placement ensures maximum exposure for any development. The site is ideally situated near a cluster of established businesses, including Walmart, Circle K, Verizon, and Sheetz, along with numerous other retail and dining establishments, creating a vibrant and thriving commercial environment. Zoned B-2 Regional Business, this property offers significant flexibility for a wide range of commercial uses. The property's location in Lake County, Ohio, at 5982 N Ridge Rd, Madison, OH 44057 (APN: 01B1210000020) provides easy access to major transportation routes and a strong consumer base. The asking price for this premier development site is $749,900. Don't miss this chance to acquire a highly desirable commercial property in a prime location.

Property profile
Verified
Property type Land
Lot 4.33 ac (188,615 SF)
UPID US66-1936895
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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