1090 Northview Dr Hillsboro, OH 45133-7629
Property Lookup
Property profile & analytics
1090 Northview Dr Hillsboro, OH 45133-7629
- Retail space
- 14,613 SF
- 1.55 lot acres
Property ID
US66-4723402
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 1090 Northview Dr
- Year built
- 2007
- Lot size
- 1.55 lot acres
- Property size
- 14,613 SF
- Property type
- Retail space
- APN
- 25-09-001-011.01
- APU
- 250900101101
Description
This exceptional investment opportunity presents a fee-simple, 14,749 square foot Walgreens located in Hillsboro, Ohio. The property boasts a prime, signalized hard-corner location on Northview Dr (US Hwy 62), benefiting from high visibility and excellent access with 15,800 vehicles per day. This Class B retail building, constructed in 2007, sits on a 1.55-acre lot and includes 49 parking spaces. The property is an outparcel to Burkes Outlet Center and across from a Dunham's Sports-anchored center, further enhancing its strategic positioning. The absolute NNN lease with Walgreens, a credit-rated tenant with a corporate guarantee, offers significant long-term stability. With approximately 8.5 years remaining on the 25-year lease (expiring 09/30/2032), this investment provides a predictable cash flow. The current NOI is $368,500, resulting in an attractive 8.65% cap rate. The asking price is $4,260,000. Ten, 5-year lease options provide additional long-term security. The property's strong location is complemented by nearby amenities including a planned Marriott hotel, Southern State Community College, and numerous national retailers such as Lowe's, Walmart, and Kroger. This is a rare opportunity to acquire a high-performing, passively managed retail investment with substantial upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,155,000
- AI Estimate
- $1,328,000
Market price range: $349k - $1.16MMarket price range: $377k - $1.33M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $945,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hillsboro
- County
- Highland
- State
- Ohio
- Longitude
- -83.6076
- Latitude
- 39.2194
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
$27,625
$165,310
$465,080
$630,390
-
$472,300
$1,328,800
$1,801,100
