Add Listing
    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

    3015 Dixie Hwy Hamilton, OH

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $425,000

    Freestanding restaurant with drive-thru, walk-ins, and pylon sign.

    Type:RETAIL
    Property size:
    2,312 SF
    Lot size:
    0.44 Acres
    Added:
    May 21, 2025
    Days on Market:
    316
    Last Refresh:
    Mar 29 at 10:55 pm

    Property Features for 3015 Dixie Hwy

    General Information

    Standard status
    Active
    Size
    2,312 SF
    Lot size
    0.44 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Marshall Stretch
    Marshall Stretch

    Listing agent Marshall Stretch License #OH 2008004113

    Listing office North Ridge Realty Group

    Listing date May 21, 2025

    Source Moodyscre

    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 North Ridge Realty Group

    Overview

    Restaurant Property with Drive-Thru

    This property, formerly an Arby's, features high visibility at a signalized intersection. The building includes two large walk-in units, one refrigerator and one freezer, as well as a drive-thru window and a 12-foot hood. A large pylon sign is present on the property. Newer HVAC and roof systems are in place. The property size is 2,312 square feet. Annually, the taxes are $5,889.88.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Richards Pizza Take-out & Catering

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Butler
    State
    Ohio
    Longitude
    -84.5456
    Latitude
    39.3659

    Nearby Similar for Sale

    • $499,900
      2,204 SF

      Hamilton, OH Commercial Opportunity

      Commercial property with outdoor space and liquor license in Hamilton.
      611 Pyramid Hill Boulevard, Hamilton, OH 45013
      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
    • $1.00
      23,802 SF

      Retail Space in Hamilton, OH

      Retail space available in newly renovated Hamilton property.
      877 NW Washington Boulevard, Hamilton, OH 45013
      View Details
    • $399,900
      5,740 SF

      Grocery Store with Renovated Apartment

      Commercial property featuring a grocery store and renovated apartment.
      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
    • $198,900
      3,012 SF

      Hamilton Multifamily Property with Potential

      Multifamily property in German Village with income potential.
      431 N Third Street, Hamilton, OH 45011
      View Details
    • $340,000
      4,688 SF

      Turn-Key Medical Office Space

      4,688 SF medical office with excellent visibility and parking.
      7919-7927 Jessies Way, Hamilton, OH
      View Details
    • $400,000

      Commercial Building in Hamilton, OH

      Commercial building suitable for investors or business owners.
      2269 Pleasant Avenue, Hamilton, OH 45015
      View Details
    • $738,000
      8,200 SF

      Versatile Commercial Building with Storage

      8,200 SF building with showroom, warehouse, and covered storage.
      611 Maple Ave, Hamilton, OH
      View Details
    • $450,000

      Hamilton, OH Commercial Opportunity

      Wedding chapel and reception venue suitable for various entertainment.
      2221 Pleasant Avenue, Hamilton, OH 45015
      View Details
    • $5,500,000
      67,216 SF

      Outparcel Opportunity at Fuel Station

      Retail location with high traffic, B-2 zoning, and strong visibility.
      1474 Main, Hamilton, OH
      View Details
    • $2,350,000

      Leased Strip Center Near Kroger

      Fully leased strip center with long-term tenants and ground lease.
      1450-1496 S Erie Blvd, Hamilton, OH
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding restaurant with drive-thru, walk-ins, and pylon sign.
    Where is this drive through restaurant located?
    The property is located at 3015 Dixie Hwy Hamilton, OH.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: High visibility at signalized intersection; Convenient drive‑thru window; Two large walk‑ins (refrigerator & freezer)
    (513) 504-8232
    We can help!
    Listing Contact
    Marshall Stretch
    Marshall Stretch
    Real Estate License ID: OH 2008004113
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!