Technical
Financial
Distress signals
Property profile

6780 Roosevelt Ave Middletown, OH 45005

OFF-MARKET
Turn key restaurants
Property ID
US66-1689899
6,552 SF 2.25 ac lot Built 2009
Entity Owned 6-yr Hold Free & Clear
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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

Location

6780 Roosevelt Ave Middletown, OH 45005-5724
Middletown metro Census 30700 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$580k

Owner & transaction history

since 2020
Last sale
$430,000
4 recorded transactions
2022
Price N/A
2021
Price N/A
2020
$430,000
2008
$1.8M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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