703 State StTrenton, OH 45067

Property Details for 703 State St

Year built

1963

Lot size

2.22 AC

Property size (Sq ft)

19,553 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

R8000-030.000-006

APU

R8000030000006

Description

This exceptional 2.676-acre vacant land parcel presents a remarkable opportunity for commercial development in Trenton, Ohio. Located at 703 W State St, this property boasts a highly desirable Highway Commercial District zoning designation, opening doors to a wide array of commercial uses. The asking price is $434,947. The expansive lot size provides ample space for substantial construction projects, catering to businesses seeking high visibility and convenient access. Situated in Butler County, Ohio, with a zip code of 45067, this location offers excellent connectivity and proximity to key transportation routes. The property's two parcel numbers are R8000030000006 and R8000031000119. This is a rare chance to acquire a significant piece of commercial real estate in a thriving Ohio market. Its strategic location and zoning make it an ideal investment for developers and entrepreneurs seeking to establish a strong presence in the area. The property's size and zoning flexibility offer significant potential for future growth and profitability. Don't miss this chance to secure this prime commercial land and capitalize on its immense potential. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $3,400,935

  6.5%

  $3,139,325

  7%

  $2,915,087

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,119,284

  Geo Method

  $6,119,284

• Alternative Use

  Use

  Valuation

  Residential

  $2,648,138

  Hospitality

  $2,425,680

  Educational

  $2,018,137

  Medical

  $2,087,544

  Retail

  $3,139,325

Location Insight

City

Trenton

County

Butler

State

Ohio

Latitude

39.4801

Longitude

-84.4686

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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