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1131 Central Ave Middletown, OH 45044
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Property profile & analytics

1131 Central Ave Middletown, OH 45044


  • Office buildings
  • 38,250 SF
  • 0.12 lot acres
Middletown Office Building For Sale For Sale
$1,300,000
38,000 SF

Middletown Office Building For Sale

Office building with 38,000 square feet of space.

1131 Central Ave, Middletown, OH
View Listing
Property ID
US66-1886802
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
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Office buildings

Property Details for 1131 Central Ave

Year built
1955
Lot size
0.12 lot acres
Property size
38,250 SF
Property type
Office buildings
APN
Q6511-009.000-027
APU
Q6511009000027

Description

This exceptional Middletown, Ohio commercial property, located at 1131 Central Ave, presents a compelling investment opportunity priced at $1,900,000. The 38,000 square foot building boasts a diverse tenant mix, including a hotel, restaurant, and traditional office spaces, generating stabilized rental income. Previously a JCPenney store, the building retains desirable features such as an elevator, secure entrances, and a convenient truck dock. Its prime location on Central Avenue ensures high visibility, benefiting from over 8,000 daily passersby. The property's strategic placement near major roadways and amenities further enhances its appeal to a wide range of businesses. Vacant spaces offer potential for increased revenue generation. This multi-functional property in Butler County, Ohio (zip code 45044) provides a rare chance to acquire a versatile commercial asset with significant upside. The asking price of $1,900,000 translates to $50 per square foot. This mixed-use building offers a strong foundation for a diversified investment portfolio.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $590,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $672,000
    Market price range: $649k - $3.60M

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


Location Insight

  • Map
  • Local Demand
City
Middletown
County
Butler
State
Ohio
Longitude
-84.4027
Latitude
39.5162
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
$2,979
$6,390
$43,240
$49,630
-
$18,250
$123,530
$141,780
View Listing
More about this property
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