Grocery Store
New
For Sale
$680,000
5930 Fairfield Rd, Oxford, OH 45056
Previously used as a supermarket, the space can also accommodate liquor or small retail use.
Property Size3,000 SF
Lot Size0.30 Acres
Price / SF$226.67
Days on Market5
Property Features for 5930 Fairfield Rd
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.30 Acres
Taxes and HOA fees
Annual Taxes
$4,052
Listing Agency:
Comey & Shepherd
(513) 489-2100
Listed By:
May Xuemei Wu
(513) 254-9402
Source:
Exprealty
Added: Oct 28
Changed: Oct 31
Last Checked: Oct 30 at 3:30PM
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 Comey & Shepherd
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Investment Insights
Based on property information with market context.
This 3,000-square-foot commercial property at 5930 Fairfield Rd in Oxford was previously used as a supermarket or grocery store. The space is identified as suitable for a liquor store or small retail shop.
The property includes approximately 0.3 acre of land and customer parking. Its Fairfield Rd address provides access to surrounding communities.
The property includes approximately 0.3 acre of land and customer parking. Its Fairfield Rd address provides access to surrounding communities.
Key Highlights
- 3,000‑square‑foot commercial space previously used as a supermarket or grocery store
- Approximately 0.3 acre of land
- Customer parking on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,590
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,800
$631.8K
Cap Rate 7%
$451,286
$451.3K
Cap Rate 9%
$351,000
$351.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$45.0K $15.00/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$42.1K $14.04/SF
− OpEx
−$10.5K −$3.51/SF
NOI
$31.6K $10.53/SF
Area
Butler County, OH
Vacancy
6.40%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,800
Cap Rate 7%
$451,286
Cap Rate 9%
$351,000
Alternative Uses
Best Use
Specialty Retail
$451.3K
$394.9K – $526.5K
NOI $31,590 @ 7.0% cap · market cap 4.65%
Second Best
Retail
$182.0K
$159.2K – $212.3K
NOI $12,737 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$593.2K
$519.0K – $692.0K
NOI $41,521 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45056, OH
28,892
Population
9,702
Households
3
Avg Household Size
25
Median Age
54%
College-Educated
97%
High-School Grad
74.7 sq mi
ZIP Area
387
Density / Sq Mi
$53,413
Median Household Income
$9,944
Median Earnings
$1,004
Median Rent
$247,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Previously used as a supermarket, the space can also accommodate liquor or small retail use.
Where is this grocery and convenience store located?
The property is located at 5930 Fairfield Rd Oxford, OH.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 3,000‑square‑foot commercial space previously used as a supermarket or grocery store; Approximately 0.3 acre of land; Customer parking on site
