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    Belshire Way Spring Hill, TN 37174

    Sponsored
    For Sale
    $2,999,999

    Grocery-anchored center; high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Dillonvale Shopping Center presents a compelling retail investment opportunity in a prime Cincinnati location. This established neighborhood center boasts a strong tenant mix, anchored by key businesses including IGA, Advance Auto Parts, Walgreens, Ace Hardware, and Dollar Tree, ensuring consistent foot traffic and revenue generation. Currently, one retail space of 2,637 square feet is available, offering immediate occupancy potential. The property sits on an expansive 11.758-acre lot and comprises a single, one-story building constructed in 1955. The center's strategic location within a high-traffic area contributes to its robust economic performance. Further enhancing its value proposition, the Hamilton County Library Deer Park Branch has committed to a significant $5 million expansion, leasing a substantial 24,934 square foot space on a long-term basis. This expansion underscores the center's desirability and long-term growth potential. The property is zoned E and features multiple APNs: 600-0231-0237-00, 600-0231-0238-00, 600-0231-0239-00, 600-0231-0404-00, 600-0231-0410-00|1, 609-0014-0003-00|2, 609-0014-0004-00, and 609-0014-0007-00, located in Hamilton County. This presents a rare opportunity to acquire a well-established, thriving retail center with significant upside potential.

    Property Features for 0 Belshire Way

    General Information

    Property type
    Land
    Lot Size
    305,791 SF

    HighLights

    • Retail property totaling 11.758 acres.
    • Single‑story, 1955‑built building with multiple tenants.
    • One 2,637 sq. ft. retail space currently available.
    • Grocery‑anchored neighborhood center with strong tenants including IGA, Advance Auto Parts, Walgreens, Ace Hardware, and Dollar Tree.
    • Hamilton County Library Deer Park Branch expanding to a 24,934 sq. ft. space on a long‑term lease.
    • Located in a high‑traffic area of Cincinnati, Hamilton County, Ohio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spring Hill
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.9233353
    Latitude
    35.7664998

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    FAQs

    What type of property is this?
    Land - Grocery-anchored center; high-traffic location.
    Where is this land located?
    The property is located at Belshire Way Spring Hill, TN.
    What is the asking price?
    The asking price for this property is $2,999,999.
    What are key features of this property?
    This property features: Retail property totaling 11.758 acres.; Single-story, 1955-built building with multiple tenants.; One 2,637 sq. ft. retail space currently available.
    Request Owner's contact information
    Belshire Way Spring Hill, TN 37174
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    Realmo Value Estimation

    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.

    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.

    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
    Belshire Way Spring Hill, TN 37174
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