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    6580 Dixie Hwy Fairfield, OH 45014-5468
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    Property profile & analytics

    6580 Dixie Hwy, Fairfield, OH 45014-5468

    View on Map
    • Strip malls
    • 3,351 SF
    • 0.62 lot acres
    Off-Market
    Last Sale Mar 15, 2021
    $5,487,735
    Property ID
    US66-1426633
    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

    • Strip malls

    Property Details for 6580 Dixie Hwy

    Year built
    2013
    Lot size
    0.62 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    A0700-015.000-054
    APU
    A0700015000054

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 28, 2023 — Diplomat Holdings Group LLC — Deed · related $6.1M · Community Trust Bank INC
    Mar 15, 2021 $5,487,735 Diplomat Holdings Group LLC Boymel Family LLC Limited Warranty Deed $4.7M · Cinfed Cu
    Apr 2, 2020 — Boymel Family LLC — Deed · related $3M · The Huntington National Bank
    Feb 21, 2020 — Samuel B Boymel — Deed · related $3.9M · The Huntington National Bank
    Jul 26, 2012 — Boymel Family LLC Boymel Sam Quit Claim Deed —

    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
    -84.4976
    Latitude
    39.32
    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
    $9,150
    $85,050
    $78,380
    $163,430
    -
    $243,000
    $223,950
    $466,950

    Comparable in this City

    • Value Estimation by Request
      16,140 SF

      5951 Boymel Dr

      SHOPPING CENTER, STRIP CENTER
      5951 Boymel Dr, Fairfield, OH 45014-5635
      View Details
    • Value Estimation
      $5,620,000
      58,880 SF

      6625 Dixie Hwy

      SHOPPING CENTER, STRIP CENTER
      6625 Dixie Hwy, Fairfield, OH 45014-9209
      View Details
    • Value Estimation
      $540,000
      6,298 SF

      6330 Pleasant Ave

      SHOPPING CENTER, STRIP CENTER
      6330 Pleasant Ave, Fairfield, OH 45014-4699
      View Details
    • Value Estimation by Request
      4,675 SF

      5088 Pleasant Ave

      SHOPPING CENTER, STRIP CENTER
      5088 Pleasant Ave, Fairfield, OH 45014-2518
      View Details
    • Value Estimation by Request
      7,791 SF

      5142 Pleasant Ave

      SHOPPING CENTER, STRIP CENTER
      5142 Pleasant Ave, Fairfield, OH 45014-2620
      View Details
    • Value Estimation
      $985,000
      11,798 SF

      6370 Pleasant Ave

      SHOPPING CENTER, STRIP CENTER
      6370 Pleasant Ave, Fairfield, OH 45014-4627
      View Details

    Similar Nearby for Sale

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      96,313 SF

      Fairfield Retail Center For Sale

      Fully occupied retail center in Fairfield, Ohio with upside potential.
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      Fairfield, OH Retail Opportunity

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      Restaurant Property with Drive Thru

      Second-generation restaurant with drive-thru, pylon signage, and ample parking.
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      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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      7,200 SF

      Fairfield Freestanding Building For Sale

      Freestanding building in Fairfield near I-75 and I-275.
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      Office/Retail Space with End-Cap

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    Similar Nearby for Lease

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      1,500 SF

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      1,800 SF

      Retail Space in Woodridge Plaza

      Multi-tenant retail center in Fairfield, convenient location and parking.
      7255-7275 State Route, Fairfield, OH 45014
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      29,640 SF

      Retail Space with High Traffic

      Anchor and in-line retail spaces available in Fairfield, OH.
      4605-4627 Dixie Hwy, Fairfield, OH 45014
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      12,000 SF

      Retail Center Pre-Leasing Opportunity

      Planned retail center with outlot opportunities in high-traffic location.
      6305-6329 Dixie Hwy, Fairfield, OH 45014
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    • Contact for pricing
      1,500 SF

      Retail Space Near Jungle Jim's

      Retail space available next to Starbucks and Jersey Mike’s.
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      Retail Space Inside Meijer

      Prime retail opportunity within high-traffic Meijer stores in the Midwest.
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    Fairfield, OH 45014-5468
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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.

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