Property profile

105 Bourbon St Blanchester, OH 45107

OFF-MARKET
Parking lots & garages
Property ID
US66-4044468
0.18 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Commercial property in downtown Blanchester, Ohio on a 1.403-acre lot, located on the corner of Broadway and Bourbon at a cross-streets position with exposure to two heavily traveled roads. The site contains three buildings: (1) a former car dealership building at the corner that is currently configured/occupied by a car repair use; one side of the building has newer HVAC equipment and updated electrical drop; (2) a separate building providing approximately 2,400 square feet of retail space enclosed with chain-link fencing, with a dedicated paint room and access to a large parking area; and (3) a small garage building with a private entrance that has historically been used as a rented accessory space.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Lot 0.18 ac (7,928 SF)
APN 220-10-15-01-0002-00
UPID US66-4044468

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

105 Bourbon St Blanchester, OH 45107
Blanchester metro Census 964900 WILMINGTON, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2020
3 recorded transactions
2020
$425,000
2006
Price N/A
2005
$59,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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