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Property profile

6008 N Ridge Rd Madison, OH 44057

FOR SALE
Commercial land
Property ID
US66-1821750
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

Premier development site directly across from Walmart Supercenter at signalized intersection. 11.47+/- acres, 630' +/- frontage. High traffic count (23,715 AADT). Located on US Route 20 at the intersection of RT 20 & Green Rd, in growing, high demand Madison Township. Zoned B-2 Regional Business District which includes: retail, home improvement, medical, dining, hotels/motels, grocery, gas stations, car dealerships, planned unit development and more. Some nearby businesses include: Walmart, Sheetz (to be built), Circle K, Giant Eagle, GetGo, ALDI, Tractor Supply, Auto-Zone, Peebles, Classic Car Dealership, Banking, Cleveland Clinic, Lake Hospitals and numerous national chain fast food restaurants. This mix of retail and services is a huge draw for customers from not only Madison but all of the surrounding areas. Green Rd can potentially be extended south to accommodate total depth of parcel. Public sewer and water. Adjacent parcel to the west is available for purchase. Frontage totals are approximate. 2018 traffic count provided by ODOT is 23,715 AADT.

Property profile

Verified
Property type Commercial land
UPID US66-1821750

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6008 N Ridge Rd Madison, OH 44057
Madison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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