3040 Dixie HwyHamilton, OH 45015

Property Details for 3040 Dixie Hwy

Year built

1985

Lot size

0.40 AC

Property size (Sq ft)

3,053 SF

Property type

Retail properties

Property subtype

Retail space

APN

P6462-006.000-054

APU

P6462006000054

Description

This Hamilton, Ohio retail property at 3040 Dixie Highway offers 1,500 square feet of leasable space in a single-tenant, freestanding building. Built in 1985 and renovated in 2007, the 3,053 square foot building sits on a 0.4-acre lot and boasts 130 feet of prime frontage on Dixie Highway, a high-traffic area with 25,000 vehicles passing daily. The property is conveniently located near the intersection of Dixie Highway and Bob Meyer, providing excellent visibility and accessibility. Anchored by Penn Station, this location is within walking distance of other restaurants and retail establishments. The property includes 17 dedicated parking spaces for customer convenience. The building features a single story and has a building floor area ratio (FAR) of 0.18. This space is ideal for a variety of uses, including convenience stores, bars, barber shops, nail salons, wireless providers, or office space. Don't miss this chance to establish your business in a highly visible and well-positioned location. The property's APN is P6462-006-000-054. The zip code is 45015.

• CAP approach

  CAP return

  Valuation

  6%

  $531,021

  6.5%

  $490,173

  7%

  $455,161

• Comparable approach

  Method

  Valuation

  Relative Method

  $955,463

  Geo Method

  $955,463

• Alternative Use

  Use

  Valuation

  Residential

  $413,480

  Hospitality

  $378,745

  Educational

  $315,111

  Medical

  $325,949

  Retail

  $490,173

Location Insight

City

Hamilton

County

Butler

State

Ohio

Latitude

39.3656

Longitude

-84.5446

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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