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    6516 Dixie Hwy Fairfield, OH 45014

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    6516 Dixie Hwy Fairfield, OH 45014

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    • Retail space
    • 3,024 SF
    • 1.49 lot acres
    For Lease
    $14 SF/Yr
    View Listing →
    Fairfield Retail Space Available For Lease
    $14 SF/Yr
    3,024 SF

    Fairfield Retail Space Available

    Retail space for rent in Fairfield, Ohio.

    6516 Dixie Hwy, Fairfield, OH
    View Listing
    Property ID
    US66-2434234
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 6516 Dixie Hwy

    Year built
    2003
    Lot size
    1.49 lot acres
    Property size
    3,024 SF
    Property type
    Retail space
    APN
    A0700-071.000-016
    APU
    A0700071000016

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Butler
    State
    Ohio
    Longitude
    -84.4997
    Latitude
    39.3215
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,102
    $62,240
    $11,020
    $73,260
    -
    $177,840
    $31,490
    $209,330

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      4243 Layhigh Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      4243 Layhigh Rd, Fairfield, OH 45014-5930
      View Details
    • Value Estimation by Request
      0.58 Acres

      6120 Pleasant Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.58 Acres
      6120 Pleasant Ave, Fairfield, OH 45014-4623
      View Details
    • Value Estimation by Request
      0.06 Acres

      4942 Dixie Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.06 Acres
      4942 Dixie Hwy, Fairfield, OH 45014-2932
      View Details
    • Value Estimation by Request
      0.28 Acres

      1131 Magie Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.28 Acres
      1131 Magie Ave, Fairfield, OH 45014-1823
      View Details
    • Value Estimation by Request
      0.28 Acres

      1131 Magie Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.28 Acres
      1131 Magie Ave, Fairfield, OH 45014-1823
      View Details
    • Value Estimation by Request
      1,792 SF

      2651 Cincinnati Brookville Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,792 SF
      2651 Cincinnati Brookville Rd, Fairfield, OH 45014-5905
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,050 SF

      Free Standing Retail/Office Building

      Vacant 15,050 SF building suitable for retail or office.
      5250 Dixie Hwy, Fairfield, OH 45014
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      Office/Retail Space with End-Cap

      2,148 SF suite suitable for office or retail use.
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      96,313 SF

      Fairfield Retail Center For Sale

      Fully occupied retail center in Fairfield, Ohio with upside potential.
      4727-4785 Dixie Hwy, Fairfield, OH 45014
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    • $2,356,496

      Fairfield, OH Retail Opportunity

      25,318 SF building on 5.36 acres in Fairfield, OH.
      7255-7275 Dixie Hwy, Fairfield, OH 45014
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    • Contact for pricing

      Former Restaurant on Dixie Highway

      Former restaurant with high visibility and traffic counts available for sale.
      4670 Dixie Hwy, Fairfield, OH 45014
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    • Contact for pricing
      7,200 SF

      Fairfield Freestanding Building For Sale

      Freestanding building in Fairfield near I-75 and I-275.
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    Similar Nearby for Lease

    • Contact for pricing
      9,100 SF

      Retail Space in Fairfield, OH

      9,100 SF retail space available for lease.
      45014 Usa, Fairfield, OH 45014
      View Details
    • $14 SF/Yr
      3,024 SF

      Fairfield Retail Space Available

      Retail space for rent in Fairfield, Ohio.
      6516 Dixie Hwy, Fairfield, OH 45014
      View Details
    • $13 SF/Yr
      4,995 SF

      Retail Space in Fairfield, OH

      Retail space available for lease in Fairfield, Ohio.
      5846 Dixie Hwy, Fairfield, OH 45014
      View Details
    • $45 SF/Yr
      1,500 SF

      Retail Space Near Jungle Jim's

      Retail space available next to Starbucks and Jersey Mike’s.
      5440 Dixie Hwy, Fairfield, OH 45014
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on S Gilmore

      2,300 SF retail space with high visibility available for rent.
      500 Kolb Dr, Fairfield, OH 45014
      View Details
    • $12 SF/Yr
      2,148 SF

      Retail Spaces in Professional Center

      Two retail spaces available in a well-developed area.
      640 Wessel Dr, Fairfield, OH 45014
      View Details
    View Listing
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    Fairfield, OH 45014
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    6516 Dixie Hwy, Fairfield, OH, 45014

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