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Financial
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Property profile

1951 Logan Ave Hamilton, OH 45015

FOR LEASE
Showrooms
Property ID
US66-1177196
12,334 SF 1.24 ac lot Built 1968
Last sale Jul 2026 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 12,091-square-foot industrial distribution center that includes a 567-square-foot mezzanine, situated on 1.2438 acres. The facility is configured for industrial and light industrial uses and has historically been operated as a UPS distribution center. Located at 1951 Logan Ave in Hamilton, Ohio, it provides dedicated space suitable for distribution and warehouse operations, with the mezzanine adding additional interior functional area within the existing layout.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$122k
Assessed land$38k
Assessed improvement$84k
Effective rate5.40%

Value estimate

· Oct 2026
$255k
$230k – $281k
CAP approach$635k
Submarket $/SF estimate$789k
NOI build-up
Gross scheduled income$116k
Vacancy & credit loss−$7k
Operating expenses−$33k
NOI · 950,637.50% cap applied$76k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 212 recorded sales of this use type
Observed band · Q1–Q3$27 – $140
Qualifying comparables8

Cap rate analysis

How does the asset earn?
950,637.50%
$76k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBUTLER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.9
Law Firm15.9
Spa & Massage15.6

Location

1951 Logan Ave Hamilton, OH 45015
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2715 Dixie, Hamilton, OH 45015-1620 $180,000 Apr 2024 7,036 SF
3999 Dixie, Hamilton, OH 45015-1661 $1,000,000 May 2023 16,965 SF
2263 Pleasant, Hamilton, OH 45015-1134 $50,000 Apr 2023 5,632 SF
541 Williams, Hamilton, OH 45015-1182 $32,500 May 2022 6,182 SF
3665 Dixie, Hamilton, OH 45015-1658 $899,000 May 2022 14,140 SF
2960 Dixie, Hamilton, OH 45015-1625 $350,000 Mar 2022 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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