1144 Prospect RdAshtabula, OH 44004

Property Details for 1144 Prospect Rd

Year built

1999

Lot size

7.23 AC

Property size (Sq ft)

45,683 SF

Property type

Outlet malls

APN

05-103-00-034-00

APU

51030003400

Description

This exceptional 0.2-acre commercial land parcel, located at 1144 W Prospect Rd in Ashtabula, Ohio, presents a unique opportunity for businesses seeking a strategic location in Ashtabula County. The property is designated as single-tenant land, offering complete control and flexibility for development. With a total building square footage of 1 square foot (suitable for new construction), this site is ideal for a variety of commercial ventures. The property's address is conveniently situated at 1144 W Prospect Rd, providing excellent visibility and accessibility. The lot size of 0.2 acres offers ample space for building and potential expansion. Situated in Ashtabula, Ohio, zip code 44004, this location benefits from the area's established infrastructure and proximity to local amenities. This is a rare opportunity to acquire a strategically located commercial land parcel in a growing market. The property is currently available for lease, allowing for immediate development and occupancy. Interested parties are encouraged to act quickly to secure this prime commercial real estate opportunity. The property is classified as commercial land within Ashtabula County, Ohio. Further details regarding zoning and development possibilities are available upon request. This is an excellent chance to establish a strong presence in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $12,081,001

  6.5%

  $11,151,693

  7%

  $10,355,144

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,768,433

  Geo Method

  $10,768,433

• Alternative Use

  Use

  Valuation

  Residential

  $9,406,871

  Hospitality

  $8,616,643

  Educational

  $7,168,946

  Medical

  $7,415,496

  Retail

  $11,151,693

Location Insight

City

Ashtabula

County

Ashtabula

State

Ohio

Latitude

41.8616

Longitude

-80.7973

CBSA code

11780

CBSA name

ASHTABULA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].