Property profile

12 Ns St Wilmington, OH 45177

OFF-MARKET
Other apartment buildings
Property ID
US66-4081928
1,850 SF 0.04 ac lot Built 1872
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Wilmington Air Park is an integrated aviation and logistics business park in central Ohio, located on approximately 1,900 acres, with nearly 3,000,000 square feet of industrial, office, and hangar space, and a noted property size of 541,440 square feet. The campus is positioned between Cincinnati, Columbus, and Dayton, providing access to I-71 and being within roughly 50–70 miles of three international passenger-service airports. It operates as a fully functional airport equipped with two runways measuring 9,000 x 150 feet and 10,701 x 150 feet, with a CAT III instrument approach capable of accommodating large, 747-class aircraft; the airfield supports aircraft operations with ample apron space and on-site aircraft maintenance. The site includes Foreign Trade Zone designation and supports aerospace and cargo-related uses within the logistics and transportation infrastructure network of the region.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1872
Total area 1,850 SF
Lot 0.04 ac (1,873 SF)
APN 290-24-02-01-H071-00
UPID US66-4081928

Cap rate & NOI

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

Location

12 Ns St Wilmington, OH 45177-2477
Wilmington metro Census 964600 WILMINGTON, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$285k

Owner & transaction history

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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