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Property profile & analytics
FOR LEASE
Community centers

1472 N High St Hillsboro, OH 45133

68,946 SF 15.01 ac lot Built 1973
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US66-5102352
Property summary
AI-generated overview

Highland Plaza Shopping Center, located at 1472 N High St in Hillsboro, Ohio (zip code 45133), presents a compelling retail investment opportunity. This 75,950 square foot center boasts a prime location at the busiest intersection in Hillsboro, situated along US 62, a major north-south thoroughfare. The property features seven suites in total, with three currently available spaces ranging from 2,100 square feet to 10,169 square feet. Strong anchor tenants include Save-a-Lot and Family Farm & Home, providing significant traffic and visibility. National corporate tenants such as Sherwin Williams further enhance the center's appeal. The property also includes a 1.10-acre outlot available for development. Under new ownership, Highland Plaza has benefited from recent updates, site improvements, and capital investments, ensuring a well-maintained and attractive shopping destination. This is an exceptional opportunity to acquire a retail property in a thriving Ohio market with established tenants and high visibility. The property is located in Highland County and offers excellent potential for growth and return on investment.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1973
Total area 68,946 SF
Lot 15.01 ac (653,748 SF)
APN 25-04-001-006.00
UPID US66-5102352
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$860k
Owner & transaction history
Janes Real Estate LLC · 14 yrs held
Janes Real Estate LLC
since 2011
3 recorded transactions
2022
Price N/A
2017
Price N/A
2011
$1.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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