3040 Dixie Hwy Hamilton, OH 45015-1627
- Retail space
- 3,053 SF
- 0.40 lot acres
Feb 13, 2023
Current Use by Public Records
- Western Union / Money Transfer Service / Money Order Service
Property Details for 3040 Dixie Hwy
- Year built
- 1985
- Lot size
- 0.40 lot acres
- Property size
- 3,053 SF
- Property type
- Retail space
- APN
- P6462-006.000-054
- APU
- P6462006000054
Description
This Hamilton, Ohio retail property at 3040 Dixie Highway offers 1,500 square feet of leasable space in a single-tenant, freestanding building. Built in 1985 and renovated in 2007, the 3,053 square foot building sits on a 0.4-acre lot and boasts 130 feet of prime frontage on Dixie Highway, a high-traffic area with 25,000 vehicles passing daily. The property is conveniently located near the intersection of Dixie Highway and Bob Meyer, providing excellent visibility and accessibility. Anchored by Penn Station, this location is within walking distance of other restaurants and retail establishments. The property includes 17 dedicated parking spaces for customer convenience. The building features a single story and has a building floor area ratio (FAR) of 0.18. This space is ideal for a variety of uses, including convenience stores, bars, barber shops, nail salons, wireless providers, or office space. Don't miss this chance to establish your business in a highly visible and well-positioned location. The property's APN is P6462-006-000-054. The zip code is 45015.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $320,000
- ML approach
- $325,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $520,000
- 6.5%
- $480,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $341,000
- AI Estimate
- $290,000
Market price range: $83.9k - $341kMarket price range: $94.2k - $290k
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Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Butler
- State
- Ohio
- Longitude
- -84.5446
- Latitude
- 39.3656
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA