Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6705 Fairfield Business Ctr Fairfield, OH 45014-5492
    Property profile & analytics

    6705 Fairfield Business Ctr, Fairfield, OH 45014-5492

    View on Map
    • Motels
    • 54,084 SF
    • 2.08 lot acres
    Off-Market
    Property ID
    US66-1073632
    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
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 6705 Fairfield Business Ctr

    Year built
    2020
    Lot size
    2.08 lot acres
    Property type
    Motels
    APN
    A0700-015.000-097
    APU
    A0700015000097

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 3, 2022 — Fairfield Hotel Associates Two LLC — Deed · related $8.9M · First Southern Bank
    Dec 21, 2020 — Fairfield Hotel Associates Two — Deed · related $8.9M · First Sthrn Bk
    Sep 15, 2020 — Fairfield Hotel Assocs Two LLC — Deed · related $8.9M · First Sthrn Bk
    Jun 2, 2020 — Fairfield Hotel Assocs Two LLC — Deed · related $8.9M · First Sthrn Bk
    Feb 25, 2020 — Fairfield Hotel Assocs Two LLC — Deed · related $8.9M · First Sthrn Bk
    Feb 11, 2019 $168,000 Fairfield Hotel Asseociates Two LLC Alpha 9 Enterprises INC Warranty Deed $8.9M · First Southern Bank
    Jul 27, 2016 $137,500 Alpha 9 Ents INC Mauka Equity Partners INC Warranty Deed —
    Nov 10, 1998 — Suburban Holdings LP Suburan Lodges America Quit Claim Deed · related $150k · Pnc Mortgage Corp America
    — — Chase Enterprises Pll — Deed Of Trust · related $445k · National City Bank
    — — Fairfield Hotel Assocs Two LLC — Loan Modification · related $8.9M · First Sthrn Bk
    — — Fairfield Hotel Assocs Two LLC — Loan Modification · related $8.9M · First Sthrn Bk
    — — Fairfield Hotel Associates Two — Loan Modification · related $8.9M · First Sthrn Bk
    — — Fairfield Hotel Assocs Two LLC — Loan Modification · related $8.9M · First Sthrn Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $735,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $404,000
      Market price range: $405k - $2.51M

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Butler
    State
    Ohio
    Longitude
    -84.4944
    Latitude
    39.3189
    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
    $2,854
    $50,980
    $0.00
    $50,980
    -
    $145,670
    $0.00
    $145,670

    Comparable in this City

    • Value Estimation by Request
      3,852 SF

      2518 Cincinnati Brookville Rd

      MOTEL
      2518 Cincinnati Brookville Rd, Fairfield, OH 45014-6016
      View Details
    • Value Estimation by Request
      10,318 SF

      6419 Dixie Hwy

      MOTEL
      6419 Dixie Hwy, Fairfield, OH 45014-5421
      View Details
    • Value Estimation
      $3,150,000
      0.95 Acres

      Fairfield, OH 45014

      MOTEL
      Fairfield, OH 45014
      View Details
    • Value Estimation by Request
      0.78 Acres

      6755 Fairfield Business Ctr

      MOTEL
      6755 Fairfield Business Ctr, Fairfield, OH 45014-5471
      View Details
    • Value Estimation by Request
      0.23 Acres

      2518 Cincinnati Brookville Rd

      MOTEL
      2518 Cincinnati Brookville Rd, Fairfield, OH 45014-6016
      View Details
    • Value Estimation by Request
      0.30 Acres

      6785 Fairfield Business Ctr

      MOTEL
      6785 Fairfield Business Ctr, Fairfield, OH 45014-5471
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,600 SF

      Fairfield Land for Development

      Development opportunity on Dixie Highway, ideal for retail or restaurant.
      7121 Dixie Hwy, Fairfield, OH 45014
      View Details
    • Contact for pricing
      50,000 SF

      Fairfield Warehouse with Expansion Potential

      50,000 SF warehouse in Fairfield, Ohio, ready for occupancy.
      525 Quality Blvd, Fairfield, OH 45014
      View Details
    • Contact for pricing

      Land Available in Cincinnati, OH

      Land with high traffic and income in Cincinnati, OH.
      John Gray Rd, Cincinnati, OH 45014
      View Details
    • Contact for pricing
      14,435 SF

      Leased Medical Office Building

      Class A outpatient facility fully leased to a regional healthcare operator.
      544 Patterson Blvd, Fairfield, OH 45014
      View Details
    • $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
      View Details
    • Contact for pricing
      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
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      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
      View Details
    • $12 SF/Yr

      Office Space with Open Layout

      Office space featuring an open floor plan and natural light.
      6120 South Gilmore Rd, Fairfield, OH 45014
      View Details
    • Contact for pricing
      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
      View Details
    • Contact for pricing
      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
      View Details
    • Contact for pricing
      1,250 SF

      Fairfield Warehouse Space Available

      1,250 SF warehouse space available for lease in Fairfield.
      4350-4372 Muhlhauser Rd, Fairfield, OH 45014
      View Details
    • Contact for pricing
      12,000 SF

      Fairfield Warehouse with HVAC

      12,000 SF warehouse space featuring HVAC, drive-in, and dock.
      2038 Bohlke Blvd, Fairfield, OH 45014
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6705 Fairfield Business Ctr
    Fairfield, OH 45014-5492
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6705 Fairfield Business Ctr, Fairfield, OH, 45014
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!