Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with I-75 Exposure Title is generated by Realmo AI

    7828 Bethany Rd, Liberty Township, OH 45044

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial land with high traffic and development potential.

    Type:Land
    Added:
    Nov 28, 2023
    Days on Market:
    921
    Last Refresh:
    May 12 at 10:22 pm

    Property Features for 7828 Bethany Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Jeff Eichhorn

    Listing agent Jeff Eichhorn License #OH BRKP.2015002479

    Listing office The Schueler Group

    Listing date Nov 28, 2023

    Source Crexi

    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 The Schueler Group

    HighLights

    • High traffic volume (100,000 VPD) on I‑75.
    • Excellent I‑75 exposure.
    • Access to both Bethany & Princeton Roads.
    • Zoning allows for office or limited industrial.
    • Proximity to four regional hospitals.
    • Nearby land available for potential larger development.

    Overview

    This commercial land offers potential for office or limited industrial use, as permitted by zoning regulations. The site benefits from high visibility, with nearly 100,000 vehicles per day passing by on I-75. Access is available from both Bethany and Princeton Roads. Additional land nearby could potentially be assembled for a larger development. The property features excellent exposure to I-75. All utilities are available. The topography of the land is flat. The location is near four regional hospitals: Cincinnati Children’s Hospital, Mercy Health at Liberty Falls, UC Health’s West Chester Hospital, and Christ Hospital. The 1.2 million square foot mixed-use Liberty Center is located just south of the site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Liberty Township
    County
    Butler
    State
    Ohio
    Longitude
    -84.3604749
    Latitude
    39.3836568

    Nearby Similar for Sale

    • $12,500,000
      53,206 SF

      Freestanding Building on Sawmill Parkway

      53,206 SF building on 5.076 acres, prime redevelopment opportunity.
      3474 Sawmill Dr, Powell, OH
      View Details
    • $850,000
      6,000 SF

      Retail and Boutique Hotel Space

      Mixed-use development with retail and boutique hotel space for rent.
      173 W Olentangy St, Powell, OH
      View Details
    • $399,000
      4,930 SF

      Two-Unit Office Building For Sale

      Two-unit office building with leased and available spaces.
      1616 Liberty Ave, Girard, OH
      View Details
    • $1,500,000

      Prime Outparcel on Sawmill Parkway

      1.864-acre pad ready outparcel with dedicated parking.
      Sawmill Dr, Powell, OH
      View Details
    • $3,200,000
      80,500 SF

      Spacious Warehouse in West Liberty

      80,500 SF warehouse with modern features in West Liberty, OH.
      600 N Detroit St, West Liberty, OH
      View Details
    • $1,200,000

      Home Road Redevelopment Opportunity

      Prime land near OSU Wexner Medical Center and Kroger Marketplace.
      3296 Home Rd, Powell, OH
      View Details
    • Contact for pricing
      1,597 SF

      Powell Office Space For Rent

      Office space available for lease in Powell, Ohio.
      7540 Sawmill Pkwy, Powell, OH
      View Details
    • $995,000

      Land For Sale

      Land suitable for retail or restaurant with high visibility.
      Woodcutter Dr, Powell, OH
      View Details
    • Contact for pricing
      7,200 SF

      Girard Industrial Property with Truck

      Industrial property featuring 27 doors on approximately 19 acres.
      1730 N State, Girard, OH
      View Details
    • Contact for pricing

      Prime Land for Ground Lease

      Outlot parcels available near Sawmill Parkway and Home Rd.
      Home Rd & O'Connell St, Powell, OH
      View Details
    • $210,000

      Office/Retail Land Opportunity

      0.528 acres suitable for office or retail development.
      7350 Yankee Rd, Liberty Township, OH
      View Details
    • $4,925,750

      Land For Sale Powell, OH

      Land available for purchase in Powell, Ohio.
      Liberty Grand Blvd, Powell, OH
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high traffic and development potential.
    Where is this commercial land located?
    The property is located at 7828 Bethany Rd Liberty Township, OH.
    What is the asking price?
    The asking price for this property is $12,375,000.
    What are key features of this property?
    This property features: High traffic volume (100,000 VPD) on I‑75.; Excellent I‑75 exposure.; Access to both Bethany & Princeton Roads.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeff Eichhorn
    Real Estate License ID: OH BRKP.2015002479
    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
    7828 Bethany Rd, Liberty Township, OH 45044
    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!