120 Senate Dr, Monroe, OH 45050-1713
This exceptional 0.79-acre commercial land parcel, located at 120 Senate Dr, Monroe, OH 45050 (APN 1105128008), presents a unique investment opportunity. Zoned for 410 (motels & tourist cabins), this build-to-suite site boasts a prime location between a Tru by Hilton and a Holiday Inn Express, ensuring high visibility and accessibility. The property's strategic position is further enhanced by its proximity to Chipotle and other major national retailers, capitalizing on existing commercial activity and foot traffic. Furthermore, its location on the same road as the Cincinnati Premium Outlets (attracting 2.6 million visitors annually) guarantees significant exposure to a large consumer base. This presents a compelling opportunity for developers seeking to capitalize on the thriving commercial landscape of Monroe, Ohio, within Warren County. The asking price for this exceptional property is $600,000. Don't miss this chance to acquire a highly desirable commercial lot with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.