933 Central AveHamilton, OH 45011

  • Other commercial real estate
  • 3,000 SF
For Sale
$115,900 View listing

Property Details for 933 Central Ave

Year built
1920
Lot size
0.07 AC
Property size (Sq ft)
3,000 SF
Property type
Other commercial real estate
Property subtype
Showrooms
APN
P6421-022.000-103
APU
P6421022000103

Description

This exceptional commercial land parcel, located at 933 Central Avenue in Hamilton, Ohio, presents a unique investment opportunity. Spanning 0.07 acres, this 3,000 square foot site is zoned for commercial use and offers significant potential for development. The property's address is 933 Central Avenue, Hamilton, OH 45011, situated in Butler County. Its convenient location provides easy access to major transportation routes, ensuring high visibility and accessibility for any future business. The asking price for this prime commercial land is $115,900. Given its size and strategic location within a thriving community, this property is ideal for a variety of commercial ventures. The absence of existing structures allows for complete design flexibility, enabling the creation of a bespoke development tailored to specific business needs. This presents a rare chance to acquire a well-positioned lot in a growing market, offering substantial return on investment for the discerning buyer. The property's potential is further enhanced by its proximity to local amenities and a strong local economy. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The latitude and longitude coordinates are 39.3888807, -84.5595421 respectively. This is a blank canvas ready for your vision.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $521,803
    6.5%
    $481,664
    7%
    $447,259
  • Comparable approach

    Method
    Valuation
    Relative Method
    $938,876
    Geo Method
    $938,876
  • Alternative Use

    Use
    Valuation
    Residential
    $406,302
    Hospitality
    $372,170
    Educational
    $309,641
    Medical
    $320,290
    Retail
    $481,664
933 Central Ave, Hamilton, Ohio

Location Insight

City
Hamilton
County
Butler
State
Ohio
Latitude
39.3889
Longitude
-84.5596
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
$560
$2,240
$8,130
$10,370
-
$6,390
$23,230
$29,620

FAQs

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