Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3455 Commerce Dr Middletown, OH

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land for sale with full I-75 interchange access.

    Lot size:
    3.19 Acres

    Property Features for 3455 Commerce Dr

    General Information

    Lot size
    3.19 Acres

    We can help!

    Listing Contact
    Digger Daley
    Digger Daley
    Source: Moodyscre

    Listing Agency: Cushman & Wakefield | Cincinnati Listing Agent: Digger Daley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land with I-75 Interchange Exposure

    This commercial land is zoned BC-I, Business Center Interchange, and offers full I-75 interchange access. The property benefits from I-75 exposure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Middletown
    County
    Butler
    State
    Ohio
    Longitude
    -84.3982763
    Latitude
    39.5150576

    Nearby Similar for Sale

    • $325,000
      12,197 SF

      Vacant Flex Space Opportunity

      Value-add flex space with customization potential in Middletown, OH.
      3125 Yankee Rd, Middletown, OH 45044
      View Details
    • Contact for pricing
      3,548 SF

      Professional Office Space in Middletown

      Office space in high-traffic area with versatile layout.
      2005 Central Ave, Middletown, OH 45044
      View Details
    • Contact for pricing
      4,607 SF

      Updated Office Spaces For Sale

      Two updated office suites available near highway, shopping, and dining.
      6820 Roosevelt Ave, Middletown, OH 45005
      View Details
    • $94,900
      2,204 SF

      Historic Commercial Building in Middletown

      Commercial building ready for cafe, retail, or restaurant use.
      1912 Tytus Ave, Middletown, OH 45042
      View Details
    • $250,000
      1,281 SF

      Retail Building on Central Avenue

      Stand-alone retail building with high visibility on Central Avenue.
      2018 Central Ave, Middletown, OH 45044
      View Details
    • New
      $145,000
      2,322 SF

      Middletown Duplex: Investment Opportunity

      Duplex in Middletown, perfect for investors or owner-occupants.
      1830 Woodlawn Ave, Middletown, OH 45044
      View Details
    • $625,000
      8,000 SF

      Middletown Health Care Office Space

      8,000 SF medical office with patient rooms and basement.
      74 N Breiel Blvd, Middletown, OH
      View Details
    • $3,250,000

      Conditioned Industrial Building Near I-75

      27,025 SF industrial building on 4.217 acres for sale.
      6550 Hamilton Lebanon Rd, Middletown, OH 45044
      View Details
    • $550,000

      Renovated Mixed-Use Property with Retail

      Recently renovated mixed-use building featuring apartments and retail space.
      1044 Central Ave, Middletown, OH 45044
      View Details
    • Contact for pricing
      76,657 SF

      Anchored Retail Center, Middletown, Ohio

      Value-add opportunity with long-term tenants and upside potential.
      621-675 N University Blvd, Middletown, OH 45042
      View Details
    • Contact for pricing
      20,052 SF

      Retail Space Near High Traffic

      Retail property for lease with high traffic and out-lot possibilities.
      3601 Towne Blvd, Middletown, OH
      View Details
    • Contact for pricing
      1,649 SF

      New Starbucks with Drive-Thru

      New Starbucks with drive-thru, corporately guaranteed, high-traffic location.
      6730 Roosevelt Ave, Middletown, OH
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land for sale with full I-75 interchange access.
    Where is this land located?
    The property is located at 3455 Commerce Dr Middletown, OH.
    What are key features of this property?
    This property features: - Zoned BC-I, Business Center Interchange; - Full I-75 interchange; - I-75 exposure
    (513) 763-3028 Call to check price and availability
    Request Owner's contact information
    3455 Commerce Dr Middletown, OH
    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.
    3455 Commerce Dr
    Middletown, OH
    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
    3455 Commerce Dr Middletown, OH
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Digger Daley
    Digger Daley
    (513) 763-3028 (513) 421-4884
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!