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Property profile & analytics
OFF-MARKET
Motels

1601 Belmont St Bellaire, OH 43906-1815

4,400 SF 2.71 ac lot Built 1955
Entity Owned Absentee Owner Free & Clear
Property ID
US66-2090466
Property summary
AI-generated overview

This exceptional 9.14-acre commercial land parcel presents a unique investment opportunity in Bellaire, Ohio. Located at 1601 Belmont Street, the property boasts prime riverfront positioning with stunning Ohio River views. Its strategic location directly adjacent to Route 7 offers unparalleled accessibility and visibility. The APN is 29-01422.000. Given its proximity to the planned multi-billion dollar Cracker Plant, this site is exceptionally well-suited for a variety of commercial uses. Consideration for a laydown yard to support the plant's construction or operation is highly feasible, given the ample space and convenient access. Alternatively, the property's size and location could also support the development of housing to accommodate the influx of workers associated with the plant. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This offering presents a rare chance to acquire a significant land holding in a rapidly developing area with exceptional potential for substantial return on investment. Serious inquiries are encouraged to explore the possibilities of this remarkable property. The property is available for sale or lease.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1955
Total area 4,400 SF
Lot 2.71 ac (118,048 SF)
APN 29-01421-000
UPID US66-2090466
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
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Owner & transaction history
ANU & AMU INC
ANU & AMU INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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