Property profile

635 Old State Rte 74 Cincinnati, OH 45244

OFF-MARKET
Car washes
Property ID
US66-1114270
2,904 SF 1.2 ac lot Built 1985
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 1.2-acre commercial land parcel presents a compelling investment opportunity in Cincinnati, Ohio. Located at 635 Old State Route 74 in Hamilton County, zip code 45244, this property boasts a highly desirable location within the Eastgate/Mount Carmel submarket. Its strategic positioning provides convenient access to major thoroughfares such as State Route 32 and Interstate 275, ensuring excellent visibility and accessibility for potential businesses. The site benefits from its proximity to several thriving eastside neighborhoods including Milford, Batavia, Anderson, and Turpin Hills, creating a robust customer base. Currently utilized as a car wash, the property's existing infrastructure and high traffic volume offer immediate potential for continued operation or redevelopment. Zoned B-1 Business (Union Township), the property allows for a diverse range of commercial uses, providing flexibility for various development plans. The asking price for this exceptional property is $500,000. This presents a rare chance to acquire a well-situated commercial lot with significant upside potential in a growing market. Don't miss this opportunity to capitalize on the strong demand for commercial real estate in this prime Cincinnati location.

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1985
Construction BRICK
Total area 2,904 SF
Lot 1.2 ac (52,272 SF)
APN 41-32-13D-011
UPID US66-1114270

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Wash
  • Landscaping General Contractor

Location

635 Old State Rte 74 Cincinnati, OH 45244-1419
Cincinnati metro Census 41405 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2026
Last sale
$425,000
6 recorded transactions
2026
$2.2M
2025
$425,000
2022
Price N/A
2022
$160,000
2019
$160,000
2005
$442,100

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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