6623 Rdg Rd, Madison, OH 44057-2553
- Retail space
- 6,850 SF
- 1.32 lot acres
Current Use by Public Records
- Retail space
Property Details for 6623 Rdg Rd
- Year built
- 2013
- Lot size
- 1.32 lot acres
- Property type
- Retail space
- APN
- 01-B-108-0-00-041-0
- APU
- 01B1080000410
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 12, 2026 | — | Ducks Liquidation LLC | The Balogh Real Estate Partnership | Deed | — |
| Jun 19, 2018 | $1,500,000 | Balogh Real Estate Ptshp | Vsm Parsons Ltd | Grant Deed | — |
| Jan 31, 2014 | $1,450,200 | Vsm Parsons Ltd | Wxz Retail Group Of Madison LLC | Grant Deed | — |
| Jul 31, 2013 | $286,500 | Wxz Retail Group Madison LLC | The Andover Bank | Limited Warranty Deed | $1.1M · The Citizens Banking Co |
| Jun 10, 2010 | $404,900 | Andover Bank | Madison Land Ventures Outparce | Warranty Deed | — |
| Aug 8, 2005 | — | Madison Land Ventures LLC | Madison Land Ventures Outparce | Quit Claim Deed · related | — |
| Aug 8, 2005 | $50,000 | Osborne Richard M Tr | Madison Land Ventures Outparce | Warranty Deed | — |
| — | — | Madison Land Ventures LLC | — | Deed Of Trust · related | $3.1M · Cantor Com'l R/e Lndg |
Description
This exceptional 6,850 square foot retail property, formerly an Advance Auto Parts, is situated on 1.31 acres of land in Madison, Ohio. Built in 2013, the single-story building features approximately 6,400 square feet of showroom/retail space and an additional 450 square feet of warehouse/shipping area, perfect for a variety of uses. The property boasts a 9' x 8' overhead door, two ADA-compliant restrooms, and ample parking with 28 spaces. Its prominent location on N. Ridge Rd (US 20) offers 172 feet of frontage, ensuring high visibility and accessibility. With over 15,000 vehicles passing daily, this free-standing facility benefits from significant traffic exposure. The B-2 General Business zoning allows for retail, service, and office uses, among others. Nearby retailers include Walmart, Tractor Supply, Giant Eagle, and Walgreens, further enhancing the property's desirability. The property's APN is 01B1080000410, and it's located in Lake County, Ohio, with a zip code of 44057. This is a rare opportunity to acquire a well-located, high-traffic retail space in a thriving area.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $710,000
- AI Estimate
- $686,000
Market price range: $233k - $710kMarket price range: $205k - $687k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $430,000 Current use
- RESTAURANT
- $980,000 Change: +129% Conversion: Easy
- AUTO REPAIR, GARAGE
- $575,000 Change: +34% Conversion: Difficult
- OFFICE BUILDING
- $495,000 Change: +15% Conversion: Easy
- MEDICAL BUILDING
- $480,000 Change: +12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $460,000 Change: +7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Lake
- State
- Ohio
- Longitude
- -81.051
- Latitude
- 41.8029
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
