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    7298 Harrison Ave Cincinnati, OH 45247

    Sponsored
    For Sale
    $399,000

    5.46 Acres, High-Traffic Location, $399,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.466-acre commercial land parcel presents a unique investment opportunity in Cincinnati, Ohio. Located at 7298 Harrison Ave, in Hamilton County (zip code 45247), this property boasts significant road frontage on both sides, offering excellent visibility and accessibility. Currently zoned Commercial (B2), the land includes a three-bedroom brick home requiring total rehabilitation. The true value lies in the substantial land itself, strategically positioned between two established commercial businesses, ensuring high traffic flow. Its proximity to I-74 and I-275 provides easy access to major transportation arteries. A noteworthy feature is a section of the property across Harrison Avenue, further enhancing its potential. Adding to the income stream, two existing billboards situated on the property generate rental revenue. It's important to note that portions of the property, including the area with the billboards and the front section adjacent to Range USA, are located within a designated floodplain. The APN is 510-0360-0424-00. This property is owned by a family and is being offered at an asking price of $399,000. This presents a compelling opportunity for developers and investors seeking a prime location with significant upside potential.

    Property Features for 7298 Harrison Ave

    General Information

    Property type
    Land
    Lot Size
    238,099 SF

    HighLights

    • 5.466‑acre commercial land parcel in Cincinnati, OH (45247), located at 7298 Harrison Ave.
    • Significant road frontage on Harrison Ave, offering high visibility and accessibility.
    • Currently zoned Commercial (B2); includes a three‑bedroom brick home needing complete rehab.
    • Strategically located between established businesses with high traffic flow, near I‑74 and I‑275.
    • Features a section across Harrison Ave and two billboards generating rental income.
    • Portions (including billboards and area near Range USA) are in a floodplain. APN: 510‑0360‑0424‑00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.6811517
    Latitude
    39.2182501

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    FAQs

    What type of property is this?
    Land - 5.46 Acres, High-Traffic Location, $399,000
    Where is this land located?
    The property is located at 7298 Harrison Ave Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 5.466-acre commercial land parcel in Cincinnati, OH (45247), located at 7298 Harrison Ave.; Significant road frontage on Harrison Ave, offering high visibility and accessibility.; Currently zoned Commercial (B2); includes a three-bedroom brick home needing complete rehab.
    (513) 237-1824
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    7298 Harrison Ave Cincinnati, OH 45247
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    Cincinnati, OH 45247
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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
    7298 Harrison Ave Cincinnati, OH 45247
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