5982 Ridge Rd Madison, OH 44057
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.