4 months on rocket

Madison, Lakewood, OH, 44107

$1,500,000

0.87 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
ParkingOther, On Street, See Remarks
MLS #5007195
Lot Size0.87 Acres
StatusActive

About Madison

Amazing Collection of Land Parcels available in the heart of Lakewood, Ohio! This commercial piece of land features 16 buildable parcels of land plus an open parcel with ability for incoming side road/driveway with architectural designs for townhomes approved by the city and is waiting for you to start building today! Utilities and improvements have already been installed based on the city approved designs including water, sewer, gas and electric. It is currently one of the only buildable pieces of land in Lakewood, making this a gem of an opportunity for a builder or developer looking to custom build! This does have the possibility to be rezoned, making the possibilities endless for either Retail, Commercial or Apartment buildings, hotel, office, or mixed-use buildings! Location is in close proximity to Edgewater Park, the infamous Detroit Shoreway, and is also next to several restaurants, shopping centers, freeways and is minutes from Downtown Cleveland. This will not last long! Schedule your showing today!

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (346) 221-1026
  • Listing Agent: Morgan McClain

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Other, On Street, See Remarks

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.87 Acres

School Info

Assigned Schools Information:

  • Lakewood High School, Public District Grades 9-12
  • Garfield Middle School, Public District Grades 6-8
  • Harrison Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: located at the intersection of Madison and Marlowe

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
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Housing Market Comparison

See how this home compares to others in Lakewood, OH.

Med. Sold Price

$285.2K

Med. Price/SqFt

$153

Avg. Days On Market

45

# of Sold Homes

36

Madison vs Lakewood

135 DAYS ON ROCKET

+90 Days

$1,500,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Lakewood, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5007195

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (346) 221-1026
  • Listing Agent: Morgan McClain

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2842987
7
/10
  • Harrison Elementary School

  • 2080 Quail St

  • 0.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2842988
6
/10
  • Garfield Middle School

  • 13114 Detroit Ave

  • 0.85 miles

  • Public District Grades 6-8

High School

school-card-donut-2842989
6
/10
  • Lakewood High School

  • 14100 Franklin Blvd

  • 1.14 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,228. Most Lakewood, OH residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Madison

What is the listing price of this property?

The listing price of Madison property is $1,500,000.

What type of property is this?

The property Madison is land located in Lakewood, Ohio, 44107.

Is this property for sale now?

Active Listing: Madison is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for Madison are:
Harrison Elementary School: GreatSchools Rating 7/10
Garfield Middle School: GreatSchools Rating 6/10
Lakewood High School: GreatSchools Rating 6/10

How much acreage is this property?

The property Madison is 0.87 acres.
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Rocket HomesOhioCuyahoga CountyLakewood44107Madison

This home is located at Madison in Lakewood, OH and zip code 44107. This home sits on a 0.87 acre lot. It has been listed on Rocket Homes since December 16, 2023 and is currently priced at $1,500,000.

Over 17 listings were sold over their listed price in March 2024 in Lakewood, OH. In the same period over 17 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Lakewood, OH increased by 6.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $285,250, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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