Standalone Storefront with
For Sale
$410,000
73 W Main Street, Amelia, OH 45102
Updated interior and on-site parking complement this standalone commercial building.
Property Size1,718 SF
Price / SF$238.65
Days on Market19
Property Features for 73 W Main Street
General Information
Standard status
Active
Size
1,718 SF
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,397
Amenities
parking
Building Details
Buildings
1
Listing Agency:
eXp Realty
(513) 510-7305
Listed By:
Sharon Burton
(513) 510-7305
Source:
Exprealty
Added: Aug 1
Changed: Aug 15
Last Checked: Aug 18 at 10:54AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This standalone storefront property includes on-site parking, a 14-by-20-foot utility shed, and interior updates. The building is positioned directly on Main Street and is described as ready for immediate occupancy. Its commercial configuration may accommodate retail, professional service, or office use as identified in the property information.
Key Highlights
- Standalone commercial storefront building
- Directly positioned on Main Street
- On‑site parking included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,686
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$333,720
$333.7K
Cap Rate 7%
$238,371
$238.4K
Cap Rate 9%
$185,400
$185.4K
Market Conditions
NOI Build-Up for 1,718 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.8K $15.00/SF
− Vacancy
−$1.9K −$1.13/SF
EGI
$23.8K $13.88/SF
− OpEx
−$7.2K −$4.16/SF
NOI
$16.7K $9.71/SF
Area
Clermont County, OH
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$333,720
Cap Rate 7%
$238,371
Cap Rate 9%
$185,400
Alternative Uses
Best Use
Retail
$238.4K
$208.6K – $278.1K
NOI $16,686 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$308.0K
$269.5K – $359.3K
NOI $21,560 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Dining 17%
Speedway
Shops & Services
16,139 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
6,359 visits/mo
0.3 miles
Chase Bank
Shops & Services
4,413 visits/mo
0.3 miles
Dollar General
Shops & Services
3,408 visits/mo
0.3 miles
KeyBank
Shops & Services
2,506 visits/mo
0.3 miles
Demographics for 45102, OH
24,954
Population
9,923
Households
2.5
Avg Household Size
38
Median Age
24%
College-Educated
87%
High-School Grad
22.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$76,015
Median Household Income
$43,442
Median Earnings
$910
Median Rent
$218,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Amelia Florist Wine and Gift Shop — 1406 Ohio Pike, Amelia, OH 45102
Frequently Asked Questions
What type of property is this?
Storefront property - Updated interior and on-site parking complement this standalone commercial building.
Where is this storefront property located?
The property is located at 73 W Main Street Amelia, OH.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Standalone commercial storefront building; Directly positioned on Main Street; On‑site parking included
