6655 Rdg Rd, Madison, OH 44057-2553
- Outlet malls
- 11,114 SF
- 1.28 lot acres
Current Use by Public Records
- Rite Aid / Pharmacy
- Kathryn E. Rasch, RPH / Pharmacy
- Linda Jenkins / Pharmacy
- Coinhub Bitcoin ATM Teller / Atm
- Western Union / Bank / Credit Union
Property Details for 6655 Rdg Rd
- Year built
- 1997
- Lot size
- 1.28 lot acres
- Zone code
- B2
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 01-B-108-A-00-005-0
- APU
- 01B108A000050
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 25, 2025 | $615,000 | Shree Ji 6655 Ridge LLC | Realty Income Corporation | Deed | $369k · Eriebank |
| May 11, 2005 | $2,084,220 | Realty Income Corp | Madison Ridge Lllp | Grant Deed | — |
| May 31, 2001 | — | Madison Land Ventures LLC | Madison/route 20 LLC | Quit Claim Deed · related | — |
Description
This exceptional single-tenant commercial property, located at 6655 N. Ridge Rd in Madison, Ohio, presents a significant opportunity for retail or restaurant businesses. The property boasts a substantial 11,180 square feet of vacant space, ready for immediate occupancy. Situated on a generous 1.34-acre lot, the building offers ample space for both interior operations and exterior amenities. The property's address is 6655 N Ridge Rd, Madison, OH 44057, with GPS coordinates of 41.8027398 latitude and -81.0497191 longitude. The property's APN is 01-B-108-A-00-005. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The substantial square footage allows for a large-scale operation or the potential for subdividing the space for multiple uses. The expansive lot size offers ample parking and potential for outdoor seating or other supplementary features. This property represents a rare opportunity to acquire a significant commercial space in a desirable location. Serious inquiries are encouraged.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,152,000
- AI Estimate
- $1,114,000
Market price range: $378k - $1.15MMarket price range: $333k - $1.11M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $695,000 Current use
- AUTO REPAIR, GARAGE
- $930,000 Change: +34% Conversion: Difficult
- OFFICE BUILDING
- $805,000 Change: +15% Conversion: Easy
- MEDICAL BUILDING
- $780,000 Change: +12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $745,000 Change: +7% Conversion: Easy
- WAREHOUSE, STORAGE
- $615,000 Change: -12% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Lake
- State
- Ohio
- Longitude
- -81.0497
- Latitude
- 41.8026
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
