1001 Cherry StBlanchester, OH 45107

  • Grocery and convenience stores
  • 72,415 SF

Property Details for 1001 Cherry St

Year built
2006
Lot size
11.18 AC
Property size (Sq ft)
72,415 SF
Property type
Grocery and convenience stores
APN
220-08-02-01-0000-00
APU
220080201000000

Description

Wildcat Crossing, located at 1001 Cherry Street in Blanchester, Ohio, presents a unique opportunity for retail businesses seeking high-visibility space. This 70,000 square foot retail center offers nine suites, with 16,000 square feet currently available for lease. Individual suites range from a minimum of 1,600 square feet to a maximum contiguous space of 2,000 square feet, providing flexibility for various business needs. The property is ideally situated in Clinton County, Ohio, with a convenient zip code of 45107. Ample parking is provided for customers and employees, with a total of 575 spaces available. The property's "outlot" nature ensures high visibility and accessibility from the main thoroughfare. This is an excellent opportunity to establish or expand your retail presence in a thriving community. The property is classified as multi-tenant retail space, offering a vibrant and diverse commercial environment. The property is ready for immediate occupancy. Contact us today to learn more about leasing opportunities at Wildcat Crossing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,201,761
    6.5%
    $13,109,318
    7%
    $12,172,938
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,662,912
    Geo Method
    $22,662,912
  • Alternative Use

    Use
    Valuation
    Residential
    $11,058,200
    Hospitality
    $10,129,252
    Educational
    $8,427,419
    Medical
    $8,717,250
    Retail
    $13,109,318

Location Insight

City
Blanchester
County
Clinton
State
Ohio
Latitude
39.301
Longitude
-83.961
CBSA code
48940
CBSA name
WILMINGTON, OH MICROPOLITAN 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
$62,888
$177,840
$1,096,970
$1,274,810
-
$508,100
$3,134,200
$3,642,300

FAQs

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