Address
N Ridge (US RT 20) Road, Madison, OH
Price
$ 3,000,000
Property Attributes
  • MLS#4151016
  • TypeLand
  • CountyLAKE
  • CityMadison
  • NeighborhoodConnecticut Western Reserve
  • Zip44057
  • Style
  • Taxes$ 4994
  • Price$ 3,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11.47 Acres
Data Source:
MLSNow
Property Description

Premier development site directly across from Walmart Supercenter at signalized intersection. 11.47+/- acres, 675'+/- 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, 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 public water extends to Circle K (PID: 01B1260000560), on north side of RT 20. There is a house, barn and out-buildings on Parcel 01B1210000010. Adjacent parcel to the west is available for purchase. Continuous acreage and frontage totals are of both parcels combined. All totals are approximate. 2018 traffic count provided by ODOT is 23,715 AADT.

Price History
7/29/2020 Listed $4,500,000
1/28/2022 23% - $3,500,000
6/8/2022 20% - $2,800,000

General Features

Sewer SepticTank
Utilities CableAvailable,ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,SewerAvailable,WaterAvailable
Possession DeliveryOfDeed
Property SubType Commercial
County Lake
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name Connecticut Western Reserve
Garage Y/N No
Status Active
Directions RT 528 north,west on RT 20 to address on south side,directly across from Walmart. House address is 6008 N Ridge Rd,Madison 44057.
ModificationTimestamp 2023-11-19T13:18:53.530-00:00
City Madison
View Y/N No
Senior Community Y/N No
High School District Madison LSD Lake- 4303
Lot Size Units Acres
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4994.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 1461
Standard Status Active
Middle/Junior School District Madison LSD Lake- 4303
Elementary School District Madison LSD Lake- 4303
Virtual Tour https://drive.google.com/file/d/1DAl0NAMaUsgc_o-ArxirIhroJVJkRNQZ/view?usp=sharing
Property Sub Type Additional Commercial
MobileHomeRemainsYN No
Legal Description T 3 L 10

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Parking Features Unpaved
Lot Features AdditionalLandAvailable,IrregularLot,SplitPossible,NearPublicTransit
Water Source Private
Lot Size Area 11.47
Spa No
Lot Size Acres 11.47
Frontage Length 675
Lot Size Source Assessor
Road Frontage Type Highway
Number of Lots 1
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 44057

Price
AVG $340K
$3M
Taxes
AVG $2,260
$4,994
Visits
AVG 294
1224
Data Provided by Inside Real Estate®

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