1135 Kemper Rd Cincinnati, OH 45240
- Grocery and convenience stores
- 14,336 SF
- 3.18 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 1135 Kemper Rd
- Year built
- 1995
- Lot size
- 3.18 lot acres
- Property size
- 14,336 SF
- Property type
- Grocery and convenience stores
- APN
- 591-0012-0335-00
- APU
- 5910012033500
Description
This exceptional 14,000-square-foot freestanding retail building presents a unique investment opportunity in Cincinnati, Ohio. Situated on a sizable 3.163-acre lot at 1135 West Kemper Road, this property boasts a highly visible corner location within a densely populated area. The building's former use as a grocery store provides ample space and infrastructure, including a truck well and dock, making it suitable for a wide range of commercial ventures. Its convenient location offers easy access to major thoroughfares, including a half-mile proximity to the I-275 interchange, ensuring excellent accessibility for both customers and employees. The property benefits from significant visibility thanks to included pylon and monument signage. This prime location in Cincinnati, within Hamilton County (zip code 45240), places the building in close proximity to a variety of established retailers and restaurants, including major players like Kroger and Walmart, ensuring high foot traffic and brand recognition potential. The surrounding area is densely populated, with nearly 10,000 people residing within a one-mile radius, providing a substantial customer base. This property is for sale and offers a compelling opportunity for businesses seeking a prominent location with substantial space and excellent visibility. The substantial lot size also allows for future expansion or development possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $380,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $485,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $500,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $420,000
- Mixed-Use
- $455,000
- Hospitality
- $480,000
- Educational
- $485,000
- Residential Income
- $440,000
- Energy
- $400,000
- Income-Based Land
- $500,000
- Food Service
- $495,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.5214
- Latitude
- 39.2882
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
