$3,000,000
$2M PRICE DROP

0 N Ridge (Us Rt 20) Rd Unit 4151016 Madison, OH 44057

Estimated payment $16,196/month

Total Views 64,155
11.47 Acres
$261,552 Price per Acre
499,633 Sq Ft Lot

Highlights

  • 11.47 Acre Lot
  • No HOA
  • Additional Land
  • Property is near public transit

About This Lot

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.

Listing Agent

James Miller

The Miller Realty Co. Brokerage Email: millerrealty@windstream.net (440) 466-1191 License #2015004428 Listed on: 11/19/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,994

Lot Details

  • 11.47 Acre Lot
  • Property fronts a highway
  • Irregular Lot
  • Additional Land
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • Unpaved Parking

Location

  • Property is near public transit

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Connecticut Western Reserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-B-121-0-00-001-0

Property Details

Property Type

Land

Est. Annual Taxes

$4,994

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Commercial
  • Attribution Contact: millerrealty@windstream.net (440) 466-1191
  • ResoLotFeatures: Additional Land Available, Irregular Lot, Split Possible, Near Public Transit
  • Road Frontage Type: Highway
  • ResoSpecialListingConditions: Estate
  • Subdivision Name: Connecticut Western Reserve
  • Property Sub Type Additional: Commercial
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 11.47

Garage/Parking

  • Parking Features: Unpaved

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Madison LSD Lake- 4303

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 01-B-121-0-00-001-0

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax Annual Amount: 4994.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $135,270 $43,930 $91,340
2023 $5,871 $90,760 $18,030 $72,730
2022 $5,896 $90,760 $18,030 $72,730
2021 $5,906 $90,760 $18,030 $72,730
2020 $5,769 $78,240 $15,540 $62,700
2019 $5,772 $78,240 $15,540 $62,700
2018 $4,920 $72,080 $17,220 $54,860
2017 $4,636 $72,080 $17,220 $54,860
2016 $4,230 $72,080 $17,220 $54,860
2015 $3,818 $72,080 $17,220 $54,860
2014 $3,905 $72,080 $17,220 $54,860
2013 $3,914 $72,080 $17,220 $54,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2023 11/19/23 Price Changed $3,000,000 +7.1% --
06/08/2022 06/08/22 Price Changed $2,800,000 -20.0% --
01/27/2022 01/27/22 Price Changed $3,500,000 -22.2% --
11/19/2019 11/19/19 For Sale $4,500,000 -- --
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $7,825 --
Interfamily Deed Transfer -- --
Deed -- --
Source: Public Records

Source: MLS Now

MLS Number: 4151016

MLS Now

APN: 01-B-121-0-00-001