N Ridge (US RT 20) RoadMadison, OH 44057

N Ridge (US RT 20) RoadMadison, OH 44057

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$3,000,000 Active
Land - Commercial MLS 4151016

Listed By

Agency Name: The Miller Realty Co.
Agency Contact: millerrealty@windstream.net (440) 466-1191

Shown By

Agency Title: Cutler Real Estate
Agency Phone:

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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.

N Ridge (US RT 20) Road | MLS# 4151016

This land located at N Ridge (US RT 20) Road, Madison, OH 44057 is currently listed for sale with an asking price of $3,000,000. The property has approximately 11.47 Acres. N Ridge (US RT 20) Road is located within the Madison Local school district. Search Madison real estate on 251danielburnhamsquareunitunit259.cutlerhomes.com today.

Property Features

Property Type: Land - Commercial
Days on Market: 2192
Lot Size: 11.47 Acres
Taxes: $4,994 / year

Feature Descriptions

Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Lot: Additional Land Available, Irregular Lot, Split Possible, Near Public Transit
Parcel#: 01-B-121-0-00-001-0
Parking: Unpaved
Sewer: Septic Tank
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water: Private

Local Schools

School District: Madison Local

Demographics

Lake County Demographic Information for N Ridge (US RT 20) Road, Madison, OH 44057
Fips
Fips Code 39085
Population
2020 to 2025 Change down 0.1%
2010 Count 230,041
2020 Count 232,603
2025 Estimate (V2025) 232,217
2020 Estimate (V2025) 232,521
Age Distribution (Years Old)
0 to 4 4.4%
5 to 17 18.7%
18 to 64 53.7%
65 and Older 23.2%
Gender
Male 49.2%
Female 50.8%
Place of Birth
Foreign 5.4%
US 94.6%
Education
High School Graduate, Age 25+ 94.4%
Bachelor's Degree or Higher, Age 25+ 31.6%
Computer and Internet use
Households with a computer 95.5%
Households with a broadband Internet subscription 92.8%
Language
English is Second Language, Age 5+ 8.3%
English is First Language, Age 5+ 91.7%
Veterans
Veterans 13,389
Income
Per Capita Income $45,279
Median Household Income $80,925
People in Poverty 7.5%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 106,498
Households 101,144
Average Household Size 2.27
Owner-Occupied 75.8%
Multi-Family 19.7%
Owner-Occupied Median Value $214,100
Median selected monthly owner costs -with a mortgage $1,500
Median selected monthly owner costs -without a mortgage $635
Median gross rent $1,113
Building Permits
New Private Housing Issued 2024 428
Years at Residence
1 Year or More 89.7%
Less Than 1 Year 10.3%
Business and Employment
Private non-farm Establishments 5,504
Private non-farm Employment 87,115
Private non-farm Employment Growth down 0.5%
Nonemployer Establishments 17,947
Number of Firms 4,646
Business Production
Value of Shipments $6,531,471,000
Wholesale Trade $1,278,429,000
Retail Trade $3,755,526,000
Retail Sales Per Capita $15,267
Accommodation and Food Services $496,973,000
Land
Land Area 227.49 sq. miles
Population Per Square Mile 1,012

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 16,658.63 per month $15,367.46 Principal & Interest $416.17 Property Tax $875.00 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage