1584 Smt Rd Cincinnati, OH 45237-1904
This exceptional mixed-use property at 1584 Summit Road in Cincinnati, Ohio, presents a compelling value-add investment opportunity. The property, built in 1927, comprises two buildings totaling 3,199 square feet on a 0.353-acre lot. Currently configured as a residential home combined with a garage previously used as an auto shop, it offers significant redevelopment potential. The property is zoned B-2, allowing for a variety of uses. The asking price is $299,000, translating to a price per square foot of $93.47. The property's layout is ideal for an owner-operator, with convenient living quarters adjacent to the ample garage space. The substantial lot size provides ample room for storage, vehicle parking, and potential expansion. The Hamilton County location, with the property's APN 590-0062-0253-00, and its convenient access to Cincinnati's amenities, further enhance its appeal. This property is being offered for sale by owner. This is a rare chance to acquire a versatile property with significant upside in a desirable location. The property's Class C designation reflects its potential for renovation and improvement.
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Auto Works II Inc Auto Repair Shop
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.