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240 E Highland Rd - Quick Service Restaurant/Freestanding 0.9 Acres of Commercial Land Offered at $499,000 in Macedonia, OH 44056
Investment Highlights
- High daily traffic counts of 24,353 VPD along Route 8 and 10,547 VPD on E Highland Road.
- + 174’ frontage on Route 8
- High Visibility with optimal access off of E Highland Road and Route 8.
- One of the last remaining retail parcels near the signalized intersection of E Highland Road and Route 8 in Macedonia
Executive Summary
Asking Price: $499,000
Total Available: .90 Acres
Frontage: 136' on Highland Road and 165' SR-8
Depth: 340'
Traffic Counts: ±35,000 on SR-8
Zoning: B-4 Highway Business
Light Access at E Highland and SR-8
Highway Access: .2 miles to I-271 N on-ramp, .6 miles to I-271 S on-ramp & 1.2 miles to SR-8 and SR-82 intersection
Total Available: .90 Acres
Frontage: 136' on Highland Road and 165' SR-8
Depth: 340'
Traffic Counts: ±35,000 on SR-8
Zoning: B-4 Highway Business
Light Access at E Highland and SR-8
Highway Access: .2 miles to I-271 N on-ramp, .6 miles to I-271 S on-ramp & 1.2 miles to SR-8 and SR-82 intersection
Property Facts
| Price | $499,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 0.98 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | Local Business - B-4 Highway Business District allows for public garages, auto repair, gas station, car wash, motel/hotel and restaurants. | ||
| Price | $499,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.98 AC |
| No. Stories | 1 |
| Zoning | Local Business - B-4 Highway Business District allows for public garages, auto repair, gas station, car wash, motel/hotel and restaurants. |
1 Lot Available
Lot
| Price | $499,000 | Lot Size | 0.90 AC |
| Price Per AC | $554,444.44 |
| Price | $499,000 |
| Price Per AC | $554,444.44 |
| Lot Size | 0.90 AC |
0.90 acre development site
Description
240 E Highland Rd is a .90-acre site between I-271 and SR-8. The site is highly visible with over 35,000 daily traffic counts on SR-8. Former motel has been raised from this site making it ready to build. Located in Macedonia B-4 Highway Business District allows for public garages, auto repair, gas station, car wash, motel/hotel and restaurants. Being on the Southwest side of SR-8 makes this the right side of the street, ideal for a Coffee QSR before the I-271 on-ramp.
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Property Taxes
| Parcel Number | 33-03740 | Improvements Assessment | $2,482 |
| Land Assessment | $47,250 | Total Assessment | $49,732 |
Property Taxes
Parcel Number
33-03740
Land Assessment
$47,250
Improvements Assessment
$2,482
Total Assessment
$49,732
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240 E Highland Rd - Quick Service Restaurant/Freestanding
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