Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    27 Acres Prime Development Land Title is generated by Realmo AI

    Greentree Road, Monroe, OH 45044

    View on Map
    Claim this Listing
    For Sale
    $1,350,000

    LAND - Monroe, OH

    Lot size:
    27.00 Acres
    Added:
    May 30, 2025
    Days on Market:
    358
    Last Refresh:
    May 22 at 5:06 pm

    Property Features for Greentree Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    27.00 Acres

    We can help!

    Listing Contact
    John Bissman
    John Bissman

    Listing agent John Bissman License #2013003960

    Listing office Keller Williams Pinnacle Group 706 Deerfield Rd, Mason, OH

    Listing date May 30, 2025

    MLS# 1840548 Listing URL

    Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 27 acres of prime development land.
    • Ideally located between Cincinnati and Dayton, near I‑75.
    • Sewer and water availability.
    • Zoned Agricultural with future Large Lot Residential potential.
    • Picturesque creek on the property.
    • Located within the Monroe School District.

    Overview

    This 27-acre parcel of land is located in Warren County, Ohio, between Cincinnati and Dayton. The property is situated near I-75 and offers access to sewer and water utilities. A creek runs through the land, which is currently zoned for agricultural use but has potential for future large lot residential development. Located within the Monroe School District, this acreage is suitable for investment or development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Monroe
    County
    Butler
    State
    Ohio
    Longitude
    -84.3839
    Latitude
    39.447

    Nearby Similar for Sale

    • $2,900,000
      19,390 SF

      Monroe, OH Industrial Warehouse

      25,000 SF industrial warehouse for storage and logistics.
      201 American Way, Monroe, OH 45050
      View Details
    • $1,900,000

      Commercial Land I-75 Frontage

      Rare 4.72-acre lot with I-75 and N. Garver frontage.
      640 N Garver Road, Monroe, OH 45050
      View Details
    • $970,000
      6,036 SF

      Office/Medical/Child Care Opportunity

      6,036 SF building on 1.03 acre lot for sale.
      500 Macready Ave, Monroe, OH
      View Details
    • $3,250,000
      27,025 SF

      Monroe Industrial Building For Sale

      27,025 SF industrial building on 4.217 acres for sale.
      6550 Hamilton Lebanon Rd, Monroe, OH
      View Details
    • $1,200,000
      7,191 SF

      Versatile Property Near I-75

      Adaptable building suitable for event center, church, or restaurant.
      913 Lebanon St, Monroe, OH 45050
      View Details
    • $3,770,000
      75,270 SF

      Monroe Warehouse with Expansion Potential

      75,270 SqFt warehouse in Monroe, OH, with expansion options.
      150 Lawton Ave, Monroe, OH
      View Details
    • $1,600,000

      32 Acres Prime Development Land

      32 acres of land near I-75 in Warren County, Ohio.
      Greentree Road, Monroe, OH 45044
      View Details
    • $950,000

      19 Acres Development Land Monroe

      19 acres of prime development land near I-75.
      Greentree Road, Monroe, OH 45044
      View Details
    • $3,399,999
      20,534 SF

      Monroe Multi-Use Commercial Space

      20,534 SF multi-use commercial space on 2.1678 acres.
      60 Overbrook Dr, Monroe, OH 45050
      View Details
    • $320,031

      Commercial Outlots For Sale

      Commercial outlots available in a highly developed area.
      N Main St, Monroe, OH
      View Details
    • Contact for pricing

      I-75 Community Entertainment District Land

      Located in high-traffic area near Cincinnati and Dayton.
      1265 Hamilton Lebanon Rd, Monroe, OH
      View Details
    • Contact for pricing
      18,016 SF

      2.82 Acre Commercial Land

      2.82 acre lot in high-traffic area near I-75.
      Orton Dr, Monroe, OH
      View Details

    FAQs

    What type of property is this?
    Land - 27 acres of land near I-75 in Warren County, Ohio.
    Where is this land located?
    The property is located at Greentree Road Monroe, OH.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 27 acres of prime development land.; Ideally located between Cincinnati and Dayton, near I‑75.; Sewer and water availability.
    (513) 277-0996
    We can help!
    Listing Contact
    John Bissman
    John Bissman
    Real Estate License ID: 2013003960
    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

    Thank You for Inquiry
    Greentree Road, Monroe, 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!