Highly Visible Retail Office
10984 State Route 28 Blanchester, OH 45107
10984 State Route 28, Blanchester, OH, 45107
$375,000
For Sale
$375,000
Versatile storefront and office space on a high-traffic State Route 28 corridor with exceptional road frontage.
Property Size1,204 SF
Price / SF$311.46
Days on Market37
Property Features for 10984 State Route 28
General Information
- Standard status
- Active
- Size
- 1,204 SF
Listing agency
Plum Tree Realty
(513) 417-1474
Listed by
Najwa Altai
(513) 417-1474
Source
Exprealty
Added: Jun 17 Updated: Jul 23 at 12:27AM Checked: Jul 23 at 12:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Plum Tree Realty
Investment Insights
Based on property information with market context.
This highly visible commercial property offers a flexible layout suited for retail, office, or service use, with additional value as an investment. The site includes exceptional road frontage and is positioned for strong day-to-day visibility.
Located along the heavily traveled State Route 28 corridor in Harlan Township, the property provides easy access to surrounding communities. It benefits from consistent daily traffic and a prominent position within one of Warren County’s expanding commercial corridors.
The offering combines a versatile commercial interior with a generous site configuration designed to support a range of business and redevelopment possibilities.
Located along the heavily traveled State Route 28 corridor in Harlan Township, the property provides easy access to surrounding communities. It benefits from consistent daily traffic and a prominent position within one of Warren County’s expanding commercial corridors.
The offering combines a versatile commercial interior with a generous site configuration designed to support a range of business and redevelopment possibilities.
Key Highlights
- Versatile commercial property with storefront and office space on the State Route 28 corridor
- Located on a high‑traffic route with exceptional road frontage
- Suitable for multiple uses including retail, office, and service
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.5k | $27.00 |
| − Vacancy | −$1.2k | −$0.97 |
| EGI | $31.3k | $26.03 |
| − OpEx | −$9.4k | −$7.81 |
| NOI | $21.9k | $18.22 |
1,204 SF · lease $27.00/SF/yr · vacancy 3.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$313.4K
$274.3K – $365.7K
NOI $21,941 @ 7.0% cap · market cap 5.85%
Second Best
Office B
$207.0K
$181.1K – $241.5K
NOI $14,489 @ 7.0% cap · market cap 3.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Versatile storefront and office space on a high-traffic State Route 28 corridor with exceptional road frontage.
Where is this storefront property located?
The property is located at 10984 State Route 28 Blanchester, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Versatile commercial property with storefront and office space on the State Route 28 corridor; Located on a high‑traffic route with exceptional road frontage; Suitable for multiple uses including retail, office, and service
