Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Foster Ave Hamilton, OH 45015

    Sponsored
    For Sale
    $150,000

    LAND - Hamilton, OH

    Lot size:
    0.55 Acres
    Days on Market:
    36
    Last Refresh:
    Feb 21 at 9:06 am

    Property Features for Foster Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    P6462017000082
    Lot size
    0.55 Acres

    We can help!

    Listing Contact
    Sarah Ford

    eXp Realty (866) 212-4991

    Listing agent Sarah Ford

    Listing date Jan 17, 2026

    MLS# 1864920 Listing URL

    Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Buildable Residential Parcels in Lindenwald

    This property presents a rare multi-lot residential opportunity in Lindenwald, featuring four buildable residential parcels totaling nearly 0.55 acre. It is supported by nearby new construction and strong resale demand. The property is cleared, offering flexibility for builders, investors, or owner-occupants seeking future growth potential. An existing 28x36 garage with two large overhead doors and a 20x20 concrete pad is already in place. The structure appears solid with a well-maintained interior; a new roof and repair to gable are needed (no leaks), creating an opportunity to add value. The garage may be used as a personal workshop, storage accessory to a residence, or for construction staging during development, subject to local approvals. Potential uses include development of up to four single-family homes or a long-term investment hold. Recent new construction on nearby Benninghofen Ave reflects strong potential for quality homes in this area. The property is located a short walk to Linden Elementary School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hamilton
    County
    Butler
    State
    Ohio
    Longitude
    -84.55632
    Latitude
    39.357194

    Nearby Similar for Sale

    • $425,000
      13.72 Acres

      Versatile Multi-Purpose Commercial Property

      13.715-acre property with multiple structures suitable for various uses.
      6101 St Rt 247, Liberty Twp, OH 45133
      View Details
    • $275,000
      Pending

      Commercial Property with Two Buildings

      Two buildings on 0.979 acres, suitable for various commercial uses.
      3977 Stillwell Beckett Rd, Hamilton, OH 45013
      View Details
    • $167,000
      Pending

      Duplex in Hamilton, Ohio

      Side-by-side duplex with separate utilities and fenced backyard.
      510 Vine St, Hamilton, OH 45011
      View Details
    • $399,900
      5,740 SF

      Grocery Store with Renovated Apartment

      Commercial property featuring a grocery store and renovated apartment.
      2670 Benninghofen Ave, Hamilton, OH 45015
      View Details
    • $499,900
      2,204 SF

      Hamilton, OH Commercial Opportunity

      Commercial property with outdoor space and liquor license in Hamilton.
      611 Pyramid Hill Blvd, Hamilton, OH 45013
      View Details
    • $325,000
      1,746 SF

      Turnkey Duplex Near Main Street

      Remodeled duplex near attractions, suitable for investors or owner-occupants.
      248 N C St, Hamilton, OH 45013
      View Details
    • $450,000
      Pending

      Hamilton, OH Commercial Opportunity

      Wedding chapel and reception venue suitable for various entertainment.
      2221 Pleasant Ave, Hamilton, OH 45015
      View Details
    • Contact for pricing
      23,802 SF

      Retail Space in Hamilton, OH

      Retail space available in newly renovated Hamilton property.
      877 NW Washington Blvd, Hamilton, OH 45013
      View Details
    • $400,000
      0.14 Acres

      Commercial Building in Hamilton, OH

      Commercial building suitable for investors or business owners.
      2269 Pleasant Ave, Hamilton, OH 45015
      View Details
    • $390,000
      1,247 SF

      Commercial Building on Corner Lot

      1247 SF commercial building on a 0.7352 acre lot.
      3590 Pleasant Ave, Hamilton, OH 45015
      View Details
    • Contact for pricing
      1,156 SF

      Professional Office Condo with Amenities

      Office condo featuring multiple rooms, kitchenette, and private entry.
      7182 Liberty Centre Dr, Liberty Twp, OH 45069
      View Details
    • $325,000
      Pending

      Hamilton, OH Commercial Property

      3200 SF building zoned B-2 with many uses.
      1990 Dixie Hwy, Hamilton, OH 45011
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Four buildable residential parcels totaling 0.55 acre in Hamilton, OH.
    Where is this residential land & home lot located?
    The property is located at Foster Ave Hamilton, OH.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Four buildable residential parcels totaling nearly 0.55 acre in Lindenwald.; - Existing 28x36 garage with two overhead doors and a 20x20 concrete pad.; - Cleared property offers flexibility for builders, investors, or owner-occupants.
    (866) 212-4991
    Request Owner's contact information
    Foster Ave Hamilton, OH 45015
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Foster Ave
    Hamilton, OH 45015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Foster Ave Hamilton, OH 45015
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sarah Ford
    (866) 212-4991
    Learn more
    Google sign-in failed. Please try again or use another login method.