Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Lot in Sardinia, OH Title is generated by Realmo AI

    173 Winchester Street, Sardinia, OH 45171

    View on Map
    Claim this Listing
    Picture of Commercial land at 173 Winchester Street, Sardinia, OH
    For Sale
    $55,000

    COMMERCIAL - Sardinia, OH

    Lot size:
    2.18 Acres
    Added:
    Apr 2, 2026
    Days on Market:
    45
    Last Refresh:
    May 16 at 9:06 pm

    Property Features for 173 Winchester Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    43-082944.0000
    Lot size
    2.18 Acres

    We can help!

    Listing Contact
    Abigail Nichols

    Listing agent Abigail Nichols

    Listing office Wilson Realtors, West Union 418 E Main Street, West Union, OH

    Listing date Apr 2, 2026

    MLS# 1873854 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

    • 2 acre commercial lot
    • Located in the heart of Sardinia
    • Perfect for entrepreneurs, investors, or developers
    • Opportunity to establish or expand in a growing area
    • Easy access to SR 32

    Overview

    This 2.18-acre commercial lot is located in Sardinia, Ohio. The property offers accessibility to State Route 32. This lot is suitable for entrepreneurs, investors, or developers looking to establish or expand in a growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Sardinia
    County
    Brown
    State
    Ohio
    Longitude
    -83.803429
    Latitude
    39.006702

    Nearby Similar for Sale

    • $275,000

      Established Business on 4+ Acres

      Turn-key commercial opportunity with established business and multiple revenue streams.
      7532 Ashridge Arnheim Road, Franklin Twp, OH 45171
      View Details
    • $525,000

      42-Acre Land Parcel in Ohio

      Land parcel with open space and natural surroundings near St Rt 32.
      42 Tri County Hwy, Washington Twp, OH 45171
      View Details
    • $783,000

      74.5 Acres Tillable Farmland

      74.5 acres of tillable land with road frontage.
      Ashridge Arnheim Road, Jackson Twp, OH 45171
      View Details
    • $12,000

      Lake Wynoka Land Opportunity

      Two adjoining lots near public dock in Lake Wynoka.
      2941 Yuma Drive, Franklin Twp, OH 45171
      View Details
    • $21,400

      Lake Waynoka Land Opportunity

      Two lots to build your dream home in Lake Waynoka.
      E Itawamba Drive, Jackson Twp, OH 45171
      View Details
    • $8,000

      Residential Lot in Gated Community

      0.34-acre lot in Lake Waynoka with community amenities.
      3380 Black Hawk Drive, Franklin Twp, OH 45171
      View Details
    • $8,000

      Lake Waynoka Residential Lot

      0.34-acre lot in amenity-rich Lake Waynoka community.
      3379 Black Hawk Drive, Franklin Twp, OH 45171
      View Details
    • $15,000

      Residential Land in Gated Community

      Land in gated community with lake and many amenities.
      Horse Shoe Drive, Jackson Twp, OH 45171
      View Details
    • $7,000

      Residential Lot in Gated Community

      0.36 acre lot in Lake Waynoka, build your dream home.
      2978 Yuma Drive, Franklin Twp, OH 45171
      View Details
    • $10,000

      Residential Land in Gated Community

      Vacant lot in Lake Waynoka with community amenities.
      Tupelo Drive, Franklin Twp, OH 45171
      View Details
    • $19,500

      Residential Lot in Gated Community

      Residential lot with lake access, pool, and recreational activities.
      Itawamba, Jackson Twp, OH 45171
      View Details
    • $12,500

      Lake Winoka Vacant Building Lot

      Vacant lot in Lake Winoka community with lake access.
      171 Black Hawk, Sardinia, OH 45171
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.18 acre commercial lot in Sardinia, Ohio.
    Where is this commercial land located?
    The property is located at 173 Winchester Street Sardinia, OH.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: 2 acre commercial lot; Located in the heart of Sardinia; Perfect for entrepreneurs, investors, or developers
    (937) 515-1424
    We can help!
    Listing Contact
    Abigail Nichols
    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
    173 Winchester Street, Sardinia, OH 45171
    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!