Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    New Haven Rd Harrison, OH 45030

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    New Haven Rd Harrison, OH 45030

    View on Map
    • Land
    • 1.19 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 New Haven Rd

    Lot size
    1.19 lot acres
    Property type
    Land

    Description

    This exceptional 1.185-acre commercial lot in Harrison, Ohio, presents a remarkable development opportunity. Ideally situated on New Haven Road, this property boasts a highly desirable Commercial B-4 zoning, allowing for a wide range of commercial uses. Its prime location offers unparalleled visibility and accessibility, situated adjacent to a recently constructed Starbucks and two hotels, ensuring high traffic and exposure. The property's strategic placement provides excellent access to major roadways, enhancing its appeal to businesses seeking a prominent location. The seller is open to build-to-suit options for the right project, and welcomes franchise inquiries. This parcel presents a unique chance to capitalize on the thriving commercial landscape of Harrison. The Hamilton County location, with a 45030 zip code, offers easy access to a robust workforce and consumer base. The lot's size and zoning make it suitable for a variety of commercial developments, from retail spaces to restaurants and more. The property's APN is 561-0005-0212-00, and ownership is held by an LLC. The asking price is $489,900. Don't miss this chance to acquire a premier commercial property in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Harrison
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.7354
    Latitude
    39.2754

    Comparable in this City

    • Value Estimation by Request
      13.44 Acres

      Scott Commercial Lots Ft

      Land • 13.44 Acres
      Scott Commercial Lots Ft, Harrison, OH 45030
      View Details
    • Value Estimation by Request
      5.00 Acres

      10035 West Rd

      Land • 5.00 Acres
      10035 West Rd, Harrison, OH 45030
      View Details
    • Value Estimation by Request
      9.69 Acres

      10293 Cornerbrook Rd

      Land • 9.69 Acres
      10293 Cornerbrook Rd, Harrison, OH 45030
      View Details
    • Value Estimation by Request
      11.38 Acres

      8090 Kilby Rd

      Farms • 11.38 Acres
      8090 Kilby Rd, Harrison, OH 45030
      View Details
    • Value Estimation by Request
      6.10 Acres

      Enterprise Dr

      Land • 6.10 Acres
      0 Enterprise Dr, Harrison, OH 45030
      View Details
    • Value Estimation by Request
      1.25 Acres

      Ring Rd

      Land • 1.25 Acres
      0 Ring Rd, Harrison, OH 45030
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available in Growing Area

      13+ acres of land for sale in Cincinnati, OH.
      Scott Commercial Lots Ft, Cincinnati, OH 45030
      View Details
    • New
      $89,999
      3.93 Acres

      Land Near I-74 and Restaurants

      Almost 4 acres of land, ready for development near I-74.
      10485 New Biddinger Rd, Harrison, OH 45030
      View Details
    • Contact for pricing

      Land Parcel with Extensive Frontage

      4-acre land parcel featuring 1,075 feet of frontage.
      9200 Dry Fork Rd, Harrison, OH 45030
      View Details
    • Contact for pricing

      7.791 Acres of Land

      7.791 acres of land for sale.
      9381 Dry Fork Rd, Harrison, OH 45030
      View Details
    • $875,000

      Land Available for Sale

      Land available for sale in Harrison, OH.
      New Haven Rd, Harrison, OH 45030
      View Details
    • $300,000

      Commercial Land with Utilities

      2.23 acre commercial land with utilities and frontage.
      10047 Harrison Ave, Harrison, OH 45030
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land for Lease

      Prime commercial land available for lease in Harrison, OH.
      10570 New Haven Rd, Harrison, OH 45030
      View Details
    • Contact for pricing

      Harrison Land Ready for Grade

      8.43 acres of flat, M-1 zoned land for rent.
      119 May Dr, Harrison, OH 45030
      View Details
    • Contact for pricing

      Retail Land Development Opportunity

      Two retail land parcels available for ground lease or build-to-suit.
      10570 New Haven Rd, Harrison, OH 45030
      View Details
    • Contact for pricing

      Land Available For Ground Lease

      Land available for ground lease or build-to-suit near I-74.
      10580 New Haven Rd, Harrison, OH 45030
      View Details
    • $1,000 /Mo
      2,828 SF

      Turnkey Restaurant and Retail Space

      Restaurant, laundromat, and retail spaces available for lease.
      202-204 S State St, Harrison, OH 45030
      View Details
    • Contact for pricing
      12,000 SF

      New Construction Warehouse with Storage

      New industrial construction with outdoor storage, near major highways.
      7128 New Haven Rd, Harrison, OH 45030
      View Details
    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.
    New Haven Rd
    Harrison, OH 45030
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!