Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    100 6th St Franklin, OH 45005-2555
    Back to Search
    Property profile & analytics

    100 6th St, Franklin, OH 45005-2555

    View on Map
    • Strip malls
    • 25,196 SF
    • 1.84 lot acres
    Off-Market
    Last Sale Sep 29, 2021
    Property ID
    US66-6288770
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,015,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 100 6th St

    Year built
    1957
    Construction
    CONCRETE
    Lot size
    1.84 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    04-31-178-001-0
    APU
    4311780010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 29, 2021 — Board Of Edu Of Franklin City Schoo Zeus Shopping Center INC Warranty Deed —
    Sep 9, 1999 — Chari Group Ltd R F K & K Group LLC Grant Deed · related —
    May 18, 1999 — R F K & K Group LLC Ohari Group Ltd Grant Deed · related —
    Mar 29, 1999 — Chari Group Ltd — Deed Of Trust · related $2.5M · R F K & K Group
    Jan 20, 1999 $685,000 Chari Group Ltd Ungar Family Investment LP Trustees Deed —
    Jan 20, 1999 — Ungar Family Investment LP Ungar,richard G & Joan S Quit Claim Deed · related —
    Aug 4, 1997 — Ungar Family Inv LP Ungar,richard G & Joan S Quit Claim Deed · related $359k · Suburban Federal Savings
    — — Chari Group — Deed Of Trust · related $1.8M · Pacific Coast Investment Co
    — — Chari Group Ltd — Deed Of Trust · related $400k · Individual
    — — Chari Group Ltd — Deed Of Trust · related $3.2M · Pnc Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $926,000
      Market price range: $927k - $1.52M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,175,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Warren
    State
    Ohio
    Longitude
    -84.3032
    Latitude
    39.556
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,523
    $46,662
    $184,765
    $231,427
    -
    $133,320
    $527,900
    $661,220

    Comparable in this City

    • Value Estimation
      $525,000
      10,990 SF

      3589 Dixie Hwy

      SHOPPING CENTER, STRIP CENTER
      3589 Dixie Hwy, Middletown, OH 45005-5706
      View Details
    • Value Estimation by Request
      3,600 SF

      4371 Dixie Hwy

      SHOPPING CENTER, STRIP CENTER
      4371 Dixie Hwy, Middletown, OH 45005-5455
      View Details
    • Value Estimation by Request
      7,000 SF

      4163 Routt Ln, Unit 122

      SHOPPING CENTER, STRIP CENTER
      4163 Routt Ln, Franklin, OH 45005-4647
      View Details
    • Value Estimation by Request
      10,800 SF

      771 Central Ave

      SHOPPING CENTER, STRIP CENTER
      771 Central Ave, Franklin, OH 45005-3318
      View Details
    • Value Estimation by Request
      7,898 SF

      801 Central Ave

      SHOPPING CENTER, STRIP CENTER
      801 Central Ave, Franklin, OH 45005-3120
      View Details
    • Value Estimation by Request
      5,800 SF

      984 Dubois Rd

      SHOPPING CENTER, STRIP CENTER
      984 Dubois Rd, Franklin, OH 45005-3739
      View Details

    Similar Nearby for Sale

    • $299,000

      Corner Lot Redevelopment Opportunity

      Prime commercial property with redevelopment potential in Franklin, OH.
      140 South River St, Franklin, OH 45005
      View Details
    • Contact for pricing
      1,649 SF

      New Starbucks with Drive-Thru

      New Starbucks with drive-thru, corporately guaranteed, high-traffic location.
      6730 Roosevelt Ave, Middletown, OH 45005
      View Details
    • Contact for pricing
      1,285 SF

      Automotive Garage with Sales Approval

      B-2 zoned automotive property with lift and approved automotive sales use at a high-AADT intersection.
      4500 S Dixie Hwy, Franklin, OH 45005
      View Details
    • Contact for pricing
      5,528 SF

      Former Restaurant Building For Lease

      5,529 SF former restaurant available for lease.
      8201 Claude-Thomas Rd, Franklin, OH 45005
      View Details
    • Contact for pricing
      20,052 SF

      Retail Space Near High Traffic

      Retail property for lease with high traffic and out-lot possibilities.
      3601 Towne Blvd, Middletown, OH 45005
      View Details
    • Contact for pricing

      Business Park Land Available

      High-quality commercial land with development options in Franklin, Ohio.
      Commerce Center Dr, Franklin, OH 45005
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Center in Growing Carlisle

      Retail center anchored by Dollar General and Goodwill.
      500 Central Ave, Carlisle, OH 45005
      View Details
    • Contact for pricing
      12,970 SF

      Former CVS Building For Lease

      12,970 SF building suitable for office or retail use.
      3445 Union Rd, Franklin, OH 45005
      View Details
    • Contact for pricing
      2,244 SF

      Downtown Franklin Retail/Office Space

      Spacious retail or office space in historic downtown Franklin, Ohio.
      431-439 S Main St, Franklin, OH 45005
      View Details
    • Contact for pricing
      4,600 SF

      Retail Space Near I-75

      Retail space available for lease near Towne Mall.
      3455 Towne Blvd, Middletown, OH 45005
      View Details
    • Contact for pricing
      4,600 SF

      Retail Space Available for Lease

      Retail space downsizing opportunity in Middletown, OH.
      3455 Towne Blvd, Middletown, OH 45005
      View Details
    • Contact for pricing
      1,188 SF

      Retail Space Under Construction

      Future retail space suitable for shop, restaurant, or coffee shop.
      449 S Main St, Franklin, OH 45005
      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.
    100 6th St
    Franklin, OH 45005-2555
    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
    100 6th St, Franklin, OH, 45005
    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!