531 Plane StBethel, OH 45106

  • Retail space
  • 9,090 SF

Property Details for 531 Plane St

Year built
2005
Construction
METAL FRAME
Lot size
1.02 AC
Property size (Sq ft)
9,090 SF
Property type
Retail space
APN
36-03-23.-024
APU
360323024

Description

This exceptional 9,140-square-foot retail building, formerly a Family Dollar, is available for lease in Bethel, Ohio. Located at 531 W Plane St, this single-tenant property sits on a 1.02-acre lot, offering ample space and visibility. The entire building is currently vacant, presenting a unique opportunity for a business seeking a substantial footprint in a thriving community. The property's location in Clermont County, Ohio, provides easy access to local amenities and a strong customer base. The building's size and layout are ideal for a variety of retail uses, offering significant potential for growth and success. With its prime location and substantial square footage, this property represents a compelling investment opportunity for businesses seeking to establish or expand their presence in the Bethel market. The address is 531 W Plane St, Bethel, OH 45106. The property type is retail, classified as commercial, and is a single-tenant space. The building's total square footage is 9,140 square feet, and the entire space is currently vacant. The lot size is 1.02 acres. This property is situated in Clermont County. Serious inquiries are encouraged to explore this promising retail opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,782,697
    6.5%
    $1,645,566
    7%
    $1,528,026
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,844,796
    Geo Method
    $2,844,796
  • Alternative Use

    Use
    Valuation
    Residential
    $1,388,097
    Hospitality
    $1,271,489
    Educational
    $1,057,864
    Medical
    $1,094,246
    Retail
    $1,645,566

Location Insight

City
Bethel
County
Clermont
State
Ohio
Latitude
38.9629
Longitude
-84.0853
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
$24,389
$14,110
$308,320
$322,430
-
$40,300
$880,900
$921,200

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