525 Clough Pike Cincinnati, OH 45244
- Car washes
- 2,990 SF
- 0.99 lot acres
Current Use by Public Records
- Clough Car Wash / Car Wash
Property Details for 525 Clough Pike
- Year built
- 1989
- Construction
- BRICK
- Lot size
- 0.99 lot acres
- Property size
- 2,990 SF
- Property type
- Car washes
- APN
- 41-41-36B-045
- APU
- 414136B045
Description
This exceptional 0.99-acre commercial land parcel presents a compelling investment opportunity in Cincinnati, Ohio. Strategically located at 525 Clough Pike in Hamilton County, zip code 45244, this property boasts high visibility and accessibility. Its prime location within the Eastgate/Mount Carmel submarket ensures significant exposure to a substantial customer base. The site enjoys convenient access to major thoroughfares, including State Route 32 and Interstate 275, providing effortless connectivity to surrounding communities such as Milford, Batavia, Anderson, and Turpin Hills. Currently utilized as a car wash, the property benefits from the existing traffic generated by nearby retail establishments. Zoned B-1 Business (Union Township), this versatile lot offers a wide range of potential commercial uses. Entrepreneurs can capitalize on the existing car wash operation or envision new development projects tailored to the area's needs. The asking price for this remarkable property is $300,000. This is an exceptional chance to acquire a well-positioned commercial land asset with significant growth potential in a thriving Cincinnati submarket. Don't miss this opportunity to secure a piece of prime Cincinnati real estate.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $155,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $150,000
- 6.5%
- $145,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $150,000
- Geo Method
- $130,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $150,000
- Retail
- $150,000
- Mixed-Use
- $150,000
- Hospitality
- $125,000
- Educational
- $115,000
- Residential Income
- $140,000
- Energy
- $150,000
- Income-Based Land
- $145,000
- Food Service
- $120,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.3029
- Latitude
- 39.086
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA