Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2038 Bohlke Blvd Fairfield, OH 45014
    Back to Search
    Property profile & analytics

    2038 Bohlke Blvd, Fairfield, OH 45014

    View on Map
    • Warehouses
    • 12,000 SF
    • 0.93 lot acres
    For Lease
    $8 SF/Yr
    View Listing →
    Fairfield Warehouse with HVAC For Lease
    $8 SF/Yr
    12,000 SF

    Fairfield Warehouse with HVAC

    12,000 SF warehouse space featuring HVAC, drive-in, and dock.

    2038 Bohlke Blvd, Fairfield, OH
    View Listing
    Property ID
    US66-1894814
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2038 Bohlke Blvd

    Year built
    2008
    Lot size
    0.93 lot acres
    Property type
    Warehouses
    APN
    A0700-004.000-123
    APU
    A0700004000123

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 11, 2024 — 2028 2038 Bohike Blvd LLC — Deed · related $1.7M · Kemba Credit Union INC
    Feb 13, 2024 — Fischer Bohlke LLC Fischer Investments Southwest LLC Intrafamily Transfer · related $5.8M · Wesbanco Bank INC
    Oct 22, 2018 — Fischer Invs Sw LLC — Grant Deed · related $1.3M · First Fin'l Bk&tr

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $699,000
      Market price range: $409k - $1.18M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $635,000
      Current use
      COMMERCIAL (GENERAL)
      $955,000
      Change: +50% Conversion: Difficult
      RETAIL STORES
      $860,000
      Change: +35% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $590,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Butler
    State
    Ohio
    Longitude
    -84.522
    Latitude
    39.3535
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,608
    $14,700
    $156,910
    $171,610
    -
    $41,990
    $448,310
    $490,300

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

      1382 Hicks Blvd

      WAREHOUSE, STORAGE
      1382 Hicks Blvd, Fairfield, OH 45014-1935
      View Details
    • Value Estimation by Request
      0.24 Acres

      Le Saint Dr

      WAREHOUSE, STORAGE
      Le Saint Dr, Fairfield, OH 45014
      View Details
    • Value Estimation by Request
      0.36 Acres

      4809 Factory Dr

      WAREHOUSE, STORAGE
      4809 Factory Dr, Fairfield, OH 45014-1912
      View Details
    • Value Estimation
      $2,440,000
      35,320 SF

      5140 Riv Rd

      WAREHOUSE, STORAGE
      5140 Riv Rd, Fairfield, OH 45014-2607
      View Details
    • Value Estimation by Request
      105,600 SF

      4649 Industry Dr

      WAREHOUSE, STORAGE
      4649 Industry Dr, Hamilton, OH 45014
      View Details
    • Value Estimation
      $17,625,000
      312,662 SF

      4520 Le Saint Ct

      WAREHOUSE, STORAGE
      4520 Le Saint Ct, West Chester, OH 45014-5640
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      50,000 SF

      Fairfield Warehouse with Expansion Potential

      50,000 SF warehouse in Fairfield, Ohio, ready for occupancy.
      525 Quality Blvd, Fairfield, OH 45014
      View Details
    • $1,200,000
      6,500 SF

      Fairfield Commercial Property with Warehouse

      High-traffic location with retail, warehouse, and income potential.
      1195 Hicks Blvd, Fairfield, OH 45014
      View Details
    • Contact for pricing
      20,490 SF

      Fairfield Industrial Property For Sale

      20,490 SF industrial property with expansion potential.
      160 Donald Dr, Fairfield, OH 45014
      View Details
    • Contact for pricing
      7,200 SF

      Fairfield Freestanding Building For Sale

      Freestanding building in Fairfield near I-75 and I-275.
      130 Donald Dr, Fairfield, OH 45014
      View Details
    • $2,400,000

      Fairfield Industrial Building For Sale

      Freestanding industrial building with warehouse and office space in Fairfield, OH.
      275 Northpointe Dr, Fairfield, OH 45014
      View Details
    • Contact for pricing
      6,500 SF

      Mixed-Use Property with Warehouse

      High-traffic location with retail space and warehouse.
      1195 Hicks Blvd, Fairfield, OH 45014
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      32,000 SF

      West Chester Warehouse Space

      32,000 SF warehouse space available for lease.
      4434 Muhlhauser Rd, West Chester, OH 45014
      View Details
    • Contact for pricing

      Fairfield Flex / Industrial Space

      Flex, industrial, and office spaces available for lease in Fairfield.
      4250 Port Union Rd, Fairfield, OH 45014
      View Details
    • Contact for pricing
      15,104 SF

      Fairfield Warehouse with Dock Doors

      15,104 SF warehouse featuring dock and drive-in doors.
      2028 Bohlke Blvd, Fairfield, OH 45014
      View Details
    • Contact for pricing
      70,000 SF

      70,000 SF Industrial Warehouse

      70,000 SF industrial warehouse with convenient highway access.
      4115 Thunderbird Ln, Fairfield, OH 45014
      View Details
    • Contact for pricing
      12,000 SF

      Fairfield Warehouse with Outdoor Storage

      New construction warehouse with yard and trailer parking available forlease.
      Seward Rd, Fairfield, OH 45014
      View Details
    • Contact for pricing
      200,221 SF

      West Chester Industrial Warehouse Space

      200,221 SF industrial space with office and dock doors.
      4275 Thunderbird Ln, West Chester, OH 45014
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2038 Bohlke Blvd
    Fairfield, OH 45014
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2038 Bohlke Blvd, Fairfield, OH, 45014
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!