Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fairfield Twp Commercial Land Available Title is generated by Realmo AI

    1 Princeton Road, Hamilton, OH 45011

    View on Map
    Claim this Listing
    For Sale
    $550,000

    COMMERCIAL - Fairfield Twp, OH

    Lot size:
    3.90 Acres
    Added:
    Jan 21, 2026
    Days on Market:
    115
    Last Refresh:
    May 16 at 1:06 am

    Property Features for 1 Princeton Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    A0300172000004
    Lot size
    3.90 Acres

    We can help!

    Listing Contact
    Daniel Dunlap
    Daniel Dunlap

    Listing agent Daniel Dunlap

    Listing office ERA REAL Solutions Realty. LLC 6310 E Kemper Rd., Ste 200, West Chester, OH

    Listing date Jan 21, 2026

    MLS# 1867103 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.

    HighLights

    • Rare development/building site in the Bridgewater Falls area.
    • Property can be subdivided.
    • High‑traffic location next to Bridgewater Falls Church, Tidal Wave car wash, Casey's gas station, Canes, and Starbucks.
    • Prime location with coordinates: [-84.5132,39.392498].
    • Opportunity for commercial development.
    • Proximity to established businesses and amenities.

    Overview

    This commercial land, located in Fairfield Township, Ohio, offers a development or building site within the Bridgewater Falls area. The property, which can be subdivided, is situated next to Bridgewater Falls Church, Tidal Wave car wash, Casey's gas station, Canes, and Starbucks. The lot size is 3.903 acres. The purchaser is responsible for a $125,000 road reimbursement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Butler
    State
    Ohio
    Longitude
    -84.513198
    Latitude
    39.392499

    Nearby Similar for Sale

    • $525,000
      2,088 SF

      New Duplex on Acreage

      Income property with lake access and development potential on 2.85 acres.
      2678 Jackson Road, St Clair Twp, OH 45011
      View Details
    • $275,000
      1,520 SF

      Turnkey Hamilton Duplex Portfolio

      Six-unit duplex portfolio with strong income and low expenses.
      1891 Kahn Avenue, Hamilton, OH 45011
      View Details
    • $275,000
      1,520 SF

      Turnkey Hamilton Duplex Portfolio

      Six-unit duplex portfolio in Hamilton, OH with strong cash flow.
      1895 Kahn Avenue, Hamilton, OH 45011
      View Details
    • $275,000
      1,520 SF

      Turnkey Hamilton Duplex Portfolio

      Six-unit duplex portfolio with strong income and low expenses.
      1887 Kahn Avenue, Hamilton, OH 45011
      View Details
    • $400,000

      Prime Commercial Lot Near Hospital

      One-acre lot ideal for medical facility near VA Medical Facility.
      7245 Gateway Avenue, Hamilton, OH 45011
      View Details
    • $390,000
      1,247 SF

      Commercial Building on Corner Lot

      1247 SF commercial building on a 0.7352 acre lot.
      3590 Pleasant Avenue, Hamilton, OH 45015
      View Details
    • $575,000

      Fairfield Twp Commercial Land Available

      Prime commercial land for development in Fairfield Twp, Ohio.
      Princeton Road, Fairfield Twp, OH 45011
      View Details
    • $525,000

      Bridgewater Falls Area Development Site

      Development/building site in the Bridgewater Falls area, zoned agricultural.
      Walden Ponds Circle, Fairfield Twp, OH 45011
      View Details
    • $375,000
      5,740 SF

      Neighborhood Grocery Store with Apartment

      Grocery store with apartment in busy neighborhood. Fixtures included.
      2670 Benninghofen Avenue, Hamilton, OH 45015
      View Details
    • $2,200,000

      Hamilton, OH Warehouse For Sale

      Warehouse with high bay dock doors and large parking area.
      940 Symmes Avenue, Hamilton, OH 45015
      View Details
    • $180,000
      1,904 SF

      Hamilton Triplex with Recent Updates

      Triplex in Hamilton with updated units and strong income potential.
      1037 S Second Street, Hamilton, OH 45011
      View Details
    • $279,900

      Hamilton Duplex with Income Potential

      Two-unit duplex in Hamilton, ready for owner occupancy or rental.
      4391 Pleasant Avenue, Hamilton, OH 45015
      View Details

    FAQs

    What type of property is this?
    Commercial land - Development site in Bridgewater Falls area, subdividable.
    Where is this commercial land located?
    The property is located at 1 Princeton Road Hamilton, OH.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Rare development/building site in the Bridgewater Falls area.; Property can be subdivided.; High‑traffic location next to Bridgewater Falls Church, Tidal Wave car wash, Casey's gas station, Canes, and Starbucks.
    (513) 283-4299
    We can help!
    Listing Contact
    Daniel Dunlap
    Daniel Dunlap
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1 Princeton Road, Fairfield Twp, OH 45011
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!