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    Property profile & analytics

    Rte 123 Franklin, OH 45005

    • Commercial land
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-3651034
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for Rte 123

    Lot size
    1.56 lot acres
    Property type
    Commercial land
    APN
    01-29-502-001-1
    APU
    1295020011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Warren
    State
    Ohio
    Longitude
    -84.3342
    Latitude
    39.5883
    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
    $80
    $1,120
    $0.00
    $1,120
    -
    $3,200
    $0.00
    $3,200

    Comparable in this City

    • Value Estimation by Request
      0.86 Acres

      Dixie Hwy

      VACANT COMMERCIAL LAND • 0.86 Acres
      Dixie Hwy, Middletown, OH 45005
      View Details
    • Value Estimation by Request
      0.01 Acres

      2nd St

      VACANT COMMERCIAL LAND • 0.01 Acres
      2nd St, Franklin, OH 45005
      View Details
    • Value Estimation by Request
      0.86 Acres

      6th St

      VACANT COMMERCIAL LAND • 0.86 Acres
      6th St, Franklin, OH 45005
      View Details
    • Value Estimation by Request
      3.27 Acres

      6th St

      VACANT COMMERCIAL LAND • 3.27 Acres
      6th St, Franklin, OH 45005
      View Details
    • Value Estimation by Request
      0.99 Acres

      Central Ave

      VACANT COMMERCIAL LAND • 0.99 Acres
      Central Ave, Franklin, OH 45005
      View Details
    • Value Estimation by Request
      1.08 Acres

      543 Central Ave

      VACANT COMMERCIAL LAND • 1.08 Acres
      543 Central Ave, Franklin, OH 45005-3399
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2 SF

      Land For Sale OH-122

      Land for sale next to Renaissance Pointe development.
      Atrium Blvd, Franklin, OH 45005
      View Details
    • $907,500

      Land Suitable for Development

      Land suitable for corporate, industrial, medical, and R&D uses.
      Union Rd, Franklin, OH 45005
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    • $2,800,000

      Land with I-75 Interchange Exposure

      Commercial land for sale with full I-75 interchange access.
      Commerce Dr, Franklin, OH 45005
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    • Contact for pricing

      Land with I-75 Access

      Land with easy access to I-75 and local airports.
      1 Shaker Rd, Franklin, OH 45005
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    • $150,000
      0.86 Acres

      Franklin, OH Commercial Land

      High visibility commercial land for sale in Franklin, Ohio.
      995 E 4Th St, Franklin, OH 45005
      View Details
    • $225,000
      6.00 Acres

      Development Land in Franklin Township

      6-9 acres of land for development with utilities available.
      Kathy Ln, Franklin, OH 45005
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Ready for Development

      10 acres available for lease near I-75 in Franklin.
      1000 Commerce Center Dr, Franklin, OH 45005
      View Details
    • Contact for pricing
      31,799 SF

      Middletown Retail Pad Site

      High-traffic, build-to-suit opportunity
      6780 Roosevelt Ave, Middletown, OH 45005
      View Details
    • Contact for pricing
      31,799 SF

      Middletown Retail Pad Site

      High-Traffic Retail Land, Prime Location
      6780 Roosevelt Ave, Middletown, OH 45005
      View Details
    • Contact for pricing
      1 SF

      Kohl's Pad Site, Middletown, OH

      Prime Retail Pad, 1 Acre, Middletown
      6825 Roosevelt Ave, Middletown, OH 45005
      View Details
    • Contact for pricing
      12,970 SF

      Former CVS Building For Lease

      12,970 SF building suitable for office or retail use.
      3445 Union Rd, Franklin, OH 45005
      View Details
    • $1,900 /Mo
      2,244 SF

      Downtown Franklin Retail/Office Space

      Spacious retail or office space in historic downtown Franklin, Ohio.
      431-439 S Main St, Franklin, OH 45005
      View Details
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    Rte 123
    Franklin, OH 45005
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    Realmo Value Estimation

    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.

    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.

    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
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