Property profile

1532 Compton Rd Cincinnati, OH 45231

OFF-MARKET
Commercial kitchens
Property ID
US66-1786400
2,505 SF 0.22 ac lot Built 1985
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 1532 Compton Rd in Cincinnati, Ohio, presents a lucrative investment opportunity. The 2,505 square foot building, constructed in 1985 and renovated in 2000, sits on a 0.218-acre lot and boasts 15 parking spaces. Currently operating as a convenience store with a 100% occupancy rate, the property features a single unit in a Class C building with a NNN lease. The lease expires September 30, 2024, with the current tenant operating on a month-to-month basis. The property is zoned for retail use and benefits from its high-traffic location, within walking distance of homes and a business district. The asking price is $625,000, translating to $249.50 per square foot. The property includes large walk-in coolers, adding to its operational efficiency. This is a fantastic opportunity for owner-users seeking a well-established retail space in a desirable Cincinnati location. The Hamilton County address (APN 593-0004-0154) and ample parking make this a highly attractive investment. Note that this is a real estate-only sale; the business is not included. The property's strong location and existing infrastructure make it ideal for a variety of retail uses.

Property profile

Verified
Property type Commercial kitchens
Use group TAKE-OUT RESTAURANT
Year built 1985
Total area 2,505 SF
Lot 0.22 ac (9,496 SF)
APN 593-0004-0154-00
UPID US66-1786400

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Atm

Location

1532 Compton Rd Cincinnati, OH 45231-3454
Cincinnati metro Census 21702 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2012
4 recorded transactions
2012
$60,000
2003
$265,000
1969
Price N/A
1969
Price N/A

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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