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Property profile & analytics
OFF-MARKET
Office buildings

663 Cherry St Germantown, OH 45327-1109

1,028 SF 1.73 ac lot Built 1900
Individually Owned 8-yr Hold Free & Clear
Property ID
US66-0817723
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction WOOD
Total area 1,028 SF
Lot 1.73 ac (75,272 SF)
APN D13 00201 0088
UPID US66-0817723
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ray C Alsip · 8 yrs held
Ray C Alsip
since 2018
2 recorded transactions
2018
Price N/A
2009
$180,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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