Property profile

460 Wasserman Rd Hamilton, OH 45013

OFF-MARKET
Commercial land
Property ID
US66-4542991
4.26 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4.255-acre commercial land parcel presents a unique investment opportunity in Hamilton, Ohio. Located on Wasserman Road, this property boasts a prime West Side location, less than three miles from the vibrant downtown area, offering easy access to a diverse range of shopping, dining, and entertainment options. The site's proximity to Spooky Nook Sports at Champion Mill, the largest indoor sports complex in the United States, further enhances its appeal and potential for significant returns. Hamilton is experiencing a period of remarkable growth and revitalization, with numerous large-scale developments underway, including hotels, mixed-use projects, and an expansion of restaurants and retail spaces. This positive trajectory positions this property for substantial future appreciation. The land is zoned for Residential Planned Development, offering flexibility for a variety of commercial uses. All utilities are conveniently located at the street, and the city of Hamilton owns and operates its own utility infrastructure. Priced at $295,000, or approximately $69,330 per acre, this offering represents an exceptional value in a rapidly developing market. Don't miss this chance to secure a piece of Hamilton's exciting future. The property's address is 460 Wasserman Rd, Hamilton, OH 45013.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.26 ac (185,348 SF)
APN P6412-169.000-066
UPID US66-4542991

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

460 Wasserman Rd Hamilton, OH 45013-4100
Hamilton metro Census 1300 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2024
Last sale
$180,000
2 recorded transactions
2024
$180,000
2023
$120,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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