663 Cherry St Germantown, OH 45327-1109
This exceptional commercial property presents a unique investment opportunity in the thriving Germantown, Ohio market. Located at 663 North Cherry Street, this 1.73-acre lot offers significant potential for a variety of commercial ventures. The existing structure on the property encompasses 1,028 square feet, providing a solid foundation for redevelopment or repurposing. The property's zoning and permitted uses should be independently verified to ensure alignment with your business plans. Situated in Montgomery County, this location benefits from convenient access to major transportation routes, enhancing its appeal for businesses seeking optimal connectivity. The asking price of $559,000 represents a compelling entry point into the Germantown commercial real estate market. Given the size of the lot and the existing building, this property is ideal for entrepreneurs and investors seeking a versatile space to establish or expand their operations. The property's address is 663 North Cherry Street, Germantown, OH 45327. Serious inquiries are encouraged to explore the full potential of this promising investment. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use. This information is deemed reliable but not guaranteed.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.