5850 Dixie Hwy Fairfield, OH 45014-4206
This 6,276 square foot retail building, situated on a 0.89-acre lot at 5850 Dixie Highway in Fairfield, Ohio (zip code 45014), is offered for sale at $1,200,000 ($191/sq ft). Built in 1976 and zoned C-3A, the property boasts excellent visibility on Dixie Highway (SR 4) and provides up to 90 parking spaces. The building features four drive-in doors (two 12'x12', one 10'x10', and one 10'x14'), a 300-amp service, floor drains with a grease trap and backflow preventer, and airline systems throughout. Internal improvements include two 9,000 lb. lifts (one inground, one two-post), four offices, a kitchenette, three restrooms, and two mezzanines (not included in the square footage). Exterior upgrades include all new LED lighting. Radiant overhead heaters are also present. This property presents a strong investment opportunity due to its high visibility, ample parking, and versatile interior layout.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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