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Property profile & analytics
OFF-MARKET
Lifestyle centers

5044 Main St South Bloomfield, OH 43103

1 ac lot
Property ID
US66-2508566
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Lot 1 ac (43,560 SF)
UPID US66-2508566
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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