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

    7 Us Highway 62 SW Washington Court House, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Parcels available for sale or build in regional shopping destination.

    Type:LAND
    Lot size:
    1.35 Acres
    Added:
    Sep 30, 2025
    Days on Market:
    211
    Last Refresh:
    Apr 5 at 10:39 pm

    Property Features for 7 Us Highway 62 SW

    General Information

    Standard status
    Active
    Lot size
    1.35 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Cindy Metz
    Cindy Metz

    Listing agent Cindy Metz License ##SAL.2003005046

    Listing office NAI Bergman

    Listing date Sep 30, 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 NAI Bergman

    Overview

    Land For Sale or Build

    Ten parcels of land, ranging from 1 to 11 acres, are available for sale or build-to-suit in a regional shopping destination. The location offers convenient access to US 35, with traffic counts of 18,379 CPD at US 35 and Highland Avenue, and 8,607 CPD at Leesburg Avenue and Dice Drive. The property is located within 10 miles of Ohio’s largest outlet center. Current retailers on site include Holiday Inn Express, Aldi’s, Roosters, LCNB, Home Depot, Aaron Rents, and Dollar Tree. Nearby neighbors include Southern State Community College, the Fairgrounds, Yusa Manufacturing Plant, and Four Seasons of Washington.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Kitchen & Bath Showroom Clothing & Fashion Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington Court House
    County
    Fayette
    State
    Ohio
    Longitude
    -83.2971
    Latitude
    39.4689

    Nearby Similar for Sale

    • $99,900

      Washington Court House Duplex

      Duplex in Washington Court House for sale.
      129 E Paint Street, Washington Court House, OH 43160
      View Details
    • $136,000

      Land in Deer Haven Estates

      3.39 acre lot ready for building in Fayette County.
      Washington Waterloo Road NE, Washington Court House, OH 43160
      View Details
    • $2,400,000
      60,000 SF

      Industrial Property on Delaware Street

      Industrial property for sale with office space and drive-in doors.
      809 Delaware St, Washington Court House, OH 43160
      View Details
    • $519,000
      8,020 SF

      8,020 SF Warehouse Buildings

      Two adjoining warehouse buildings with dock doors and ample parking.
      99 Jonesboro Rd, Washington Court House, OH
      View Details
    • $1,500,000
      3,500 SF

      Turnkey Urgent Care Facility

      Freestanding, fully-equipped urgent care facility with existing patient base.
      1311 Leesburg Avenue, Washington Court House, OH, 43160
      View Details
    • $100,000

      Residential Land in Washington Court

      Building lot with utilities in a newer subdivision.
      Hawthorn Drive SE, Washington Court House, OH 43160
      View Details
    • $2,076,000
      13,840 SF

      Fayette Square Retail Hub

      Retail property in established regional hub with high traffic.
      1355 Leesburg Ave, Washington Court House, OH 43160
      View Details
    • Contact for pricing
      7,820 SF

      Renovated Freestanding Warehouse For Lease

      7,280 SF freestanding warehouse with expansion potential.
      2640 Us Hwy 22, Washington Court House, OH
      View Details
    • $2,557,000
      39,858 SF

      Tractor Supply Net Leased Property

      Single tenant investment opportunity with over 7 years remaining.
      1650 Columbus Ave, Washington Court House, OH
      View Details
    • $853,200

      Land Parcels For Sale

      Land parcels available near US 35 and US 62.
      US 35 & US 62, Washington Court House, OH
      View Details
    • $1,595,000
      5,004 SF

      Restaurant Property with Drive-Thru

      Second-generation restaurant with drive-thru, pylon signage, and ample parking.
      1815 Columbus Ave, Washington Court House, OH
      View Details
    • Contact for pricing
      90,845 SF

      90,845 SF Industrial Facility

      Move-in ready industrial facility ideal for manufacturing, processing, or distribution.
      1104 Clinton Ave, Washington Court House, OH
      View Details

    FAQs

    What type of property is this?
    Land - Parcels available for sale or build in regional shopping destination.
    Where is this land located?
    The property is located at 7 Us Highway 62 SW Washington Court House, OH.
    What is the asking price?
    The asking price for this property is $405,900.
    What are key features of this property?
    This property features: Regional shopping destination location.; Excellent access to US 35.; Located near Ohio’s largest outlet center (within 10 miles).
    (513) 207-3368 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cindy Metz
    Cindy Metz
    Real Estate License ID: #SAL.2003005046
    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!