5044 Main St South Bloomfield, OH 43103
This exceptional 1-acre property in South Bloomfield, Ohio, presents a unique redevelopment opportunity for discerning investors and developers. Located at 5044 W Main St, this Class A, mixed-use land boasts a highly desirable location, just steps from State Route 23, a major thoroughfare with approximately 100,000 cars passing daily, ensuring unparalleled visibility and high foot traffic. The property comprises three vacant parcels, zoned for commercial/mixed use, simplifying the development process. Existing infrastructure includes water and sewer connections, minimizing upfront costs. The site benefits from its proximity to a new park and several new residential communities, creating a strong foundation for a thriving retail environment. Envision a dynamic retail center with four 1,700 sq ft bays, potentially housing a dental office, boutique shops, a cafe, a smoothie bar, and a hair/nail salon. This is a blank canvas for creating a successful retail destination in a growing, family-friendly community. The asking price is $487,000, and the property is offered with a ground lease. This is a truly exceptional opportunity to capitalize on a prime location and favorable zoning regulations. Don't miss this chance to shape the future of retail in South Bloomfield. The property is currently vacant and ready for immediate development. The 17-foot frontage provides ample parking and customer convenience.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.