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    OFF-MARKET
    Turn key restaurants

    6780 Roosevelt Ave, Middletown, OH 45005-5724

    6,552 SF 2.25 ac lot Built 2009
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US66-1689899
    Property summary
    AI-generated overview

    This exceptional 0.73-acre (31,799 sq ft) commercial land parcel presents a remarkable ground lease opportunity in Middletown, Ohio. Located at 6780 Roosevelt Ave, this B1-zoned property enjoys exceptional visibility and accessibility, situated directly across from Lowe's and Kohl's, and nestled between Jiffy Lube and the Fairfield Inn. The site benefits from a daily traffic count of 22,673 vehicles, ensuring high exposure for your business. Its strategic location near I-75 provides convenient access for both local and regional customers. The surrounding area boasts strong demographics, with a population of 6,703 within a 1-mile radius and a median household income of $79,884. Within a 5-mile radius, the population expands to 88,366, offering a substantial customer base. This prime retail pad is surrounded by a variety of established retailers, including Olive Garden and KFC, further enhancing its appeal and potential. This is an unparalleled opportunity to establish a thriving retail presence in a high-demand area. The property's size and zoning make it suitable for a wide range of retail ventures. Don't miss this chance to secure a prominent location in a thriving retail corridor.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2009
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 6,552 SF
    Lot 2.25 ac (97,923 SF)
    APN 07-03-302-016-0
    UPID US66-1689899
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mh Property Investment LLC · 5 yrs held
    Mh Property Investment LLC
    since 2020
    Last sale
    $430,000
    4 recorded transactions
    2022
    2021
    2020
    $430,000
    2008
    $1.8M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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