State Route 528 & Interstate 90

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State Route 528 & Interstate 90

Madison, OH 44057
Asking Price
$5.82M
Asset Type
Land
Class
Class B

What's Special

Strategically located at the intersection of State Route 528 and Interstate 90 in Madison, Ohio, this land parcel offers high visibility and immediate highway accessibility. The surrounding neighborhood is characterized by a mix of established retail corridors, industrial parks, and agricultural land. Nearby amenities include national gas station brands, quick-service restaurants, and local hospitality services concentrated along the interchange. The property benefits from the primary east-west logistics route connecting Cleveland to Erie and Buffalo, facilitating high daily traffic counts and efficient regional transportation. Given its proximity to the interstate, the site is well-suited for highway-oriented commercial development or light industrial use. Ideal tenant profiles include logistics providers seeking a distribution hub, hospitality developers, or national retailers targeting travelers and the local Madison community. Additionally, the location supports site requirements for fleet fueling stations or equipment storage facilities that rely on heavy vehicle access. The level topography and frontage along two major thoroughfares make it a versatile asset for developers focused on commercial accessibility.

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NOI
$80,000
Cap Rate
1.37%
DSCR
0.23
Underwater
Cash-on-Cash
-15.21%
Monthly Payment
$28,816.448
Annual Cash Flow
$-265,797.377

Location & Travel Times