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Property profile & analytics
OFF-MARKET
Lifestyle centers

4785 Dixie Hwy Fairfield, OH 45014

96,313 SF 7.95 ac lot Built 1956
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents Cornerstone Plaza, a fully occupied, multi-tenant retail center located at 4785 Dixie Hwy in Fairfield, Ohio (Cincinnati MSA). The 96,313 square foot building, situated on 7.95 acres, boasts 11 tenants under net leases with CAM reimbursements, ensuring a stable income stream. Built in 1956 and extensively renovated in 2024, the property offers 13 suites and enjoys a prime retail location with incredibly high visibility and convenient access. The center benefits from substantial traffic, with over 27,200 vehicles passing daily, and a strong local presence. The surrounding area is densely populated, with over 168,400 residents and an average household income exceeding $93,600 within a 5-mile radius. The current net operating income (NOI) is $644,017, yielding an attractive 8.23% cap rate. The asking price is $7,827,960, translating to $81.28 per square foot. With a remaining lease term of 14 years and below-market rent of $7.05 per square foot, this property presents significant upside potential for future rent increases. This is a rare opportunity to acquire a high-performing, stable retail investment in a thriving market. The property's strong tenant base, coupled with its strategic location and recent renovations, makes it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Lifestyle centers
Year built 1956
Total area 96,313 SF
Lot 7.95 ac (346,302 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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