Back Madison Ave
Off Market

Madison Ave

Painesville OH 44077

0.97 ac.
Land
Last sold for $34,900
Lucretia DillardLucretia Dillard, last sold this property on 21 May 2025 after 33 days on market.

Overview

Grab this rare opportunity to own nearly an acre of land in a growing, high-demand area! This Painesville Township property, owned by an Ohio Licensed Agent, sits near the corners of Madison Ave., and Bowhall Rd. Whether you’re a future homeowner, investor, or builder, this versatile lot offers endless possibilities for residential or light commercial development. Why This Lot Stands Out: **Flexible Zoning (I2): Ideal for single-family homes, duplexes, triplexes, or even light commercial use. **Booming Market: Homes nearby are selling from high $200k to high $300k **Ready to Build: Cleared, level terrain with access to electricity, natural gas, water, and sewer. **Residential: Build 1-2 single-family homes or multi-unit dwellings (duplex/triplex) based on ZONING Approval. **Commercial: Use the space for an in-home business **Additional Perks: Plenty of room for gardens, outdoor workspaces, or future expansions. This agent-owned property is a prime investment in a thriving community. Act now! Contact today to secure this incredible lot!

Features

0.97 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Painesville over the last 12 months, the estimated median property value of Madison Ave is $68.51k.

Median value
$68.51k
Estimated value range
$9k - $750k
Median days on market
36
Estimated value trend
78%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Painesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Madison Ave

2025
Sold
$34,900
21 May 2025 by Lucretia Dillard

Happy sellers in Painesville

90%
90% of sellers in Painesville reported that their sale price either exceeded or met their price expectations.

Painesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Painesville over the last 12 months.

Local market activity for land plots in Painesville

In the last 12 months, 15 land plots similar to Madison Ave, have been sold.

This represents a 25% increase in land plots sales when compared to the previous 12 months.

Nearby agents

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