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Property profile & analytics
FOR LEASE
Strip malls

411 S Locust St Oxford, OH 45056

5,969 SF 0.79 ac lot Built 2017
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-5245903
Property summary
AI-generated overview

Bishop Square, located at 411 S Locust St in Oxford, Ohio (zip code 45056), presents a fantastic opportunity for a single-tenant retail business. This property, situated in Butler County, offers a total building size of 50,000 square feet, with 2,302 square feet currently available for lease. The space is ideal for a variety of retail uses, benefiting from its high visibility and convenient location within a bustling commercial area. The property's address is easily accessible, providing excellent exposure to potential customers. The building itself is well-maintained and offers ample space for a business looking to establish or expand its presence in Oxford. The single-tenant occupancy ensures a focused and controlled environment. This is a rare opportunity to secure a prime retail space in a thriving Ohio community. Interested parties are encouraged to inquire promptly to learn more about lease terms and conditions. The property's geographic coordinates are 39.5059423 latitude and -84.7487355 longitude. This listing presents a unique chance to secure a well-positioned retail space in a desirable location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2017
Total area 5,969 SF
Lot 0.79 ac (34,587 SF)
APN H4100-104.000-085
UPID US66-5245903
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
Current use
Occupant on record · Public records
  • Family Allergy & Asthma - Oxford, OH Physician Medical Clinic
  • Millions of Milk Tea 白莲奶茶 Cafe & Coffee Shop
  • Yum Cha Cafe & Coffee Shop
  • Dr. Jeffrey Leipzig Physician Medical Clinic
  • First Financial Bank & ATM Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$665k
Owner & transaction history
Re Nvc Oxford Commercial LLC · 7 yrs held
Re Nvc Oxford Commercial LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.1M +54.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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