Property profile

589 Magie Ave Fairfield, OH 45014

OFF-MARKET
Garden apartment buildings
Property ID
US66-2774189
9,042 SF 0.49 ac lot Built 1969
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1969
Total area 9,042 SF
Lot 0.49 ac (21,127 SF)
APN A0700-050.000-035
UPID US66-2774189

Cap rate & NOI

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

Location

589 Magie Ave Fairfield, OH 45014-1697
Fairfield metro Census 10901 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k

Owner & transaction history

since 2023
Last sale
$650,000
4 recorded transactions
2023
Price N/A
2023
$650,000
2019
Price N/A
2009
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $940,000 +111.2%
Commercial (general) $720,000 +61.1%
Retail stores $650,000 +45.3%

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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