1249 High StHillsboro, OH 45133

Property Details for 1249 High St

Year built

1994

Lot size

17.57 AC

Property size (Sq ft)

143,518 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

25-08-001-002.00

APU

250800100200

Description

This exceptional 0.75-acre commercial outparcel presents a unique investment opportunity in Hillsboro, Ohio. Strategically located within a thriving retail center anchored by prominent national brands including Rural King, Dunham's Sports, Lowe's, Walmart, Kroger, Tractor Supply Co., Harbor Freight Tools, and Burkes Outlet, this property benefits from significant daily traffic and high visibility. Its proximity to Highland District Hospital, employing 340 individuals, further enhances its appeal. The expansive trade area encompasses over 235,000 people, boasting an average household income exceeding $65,000, ensuring a robust customer base for any commercial venture. This single-tenancy outlot is ideal for a variety of businesses seeking exposure to a dense population with strong purchasing power. The property's location within a well-established retail corridor guarantees high foot traffic and excellent brand recognition. This is a rare opportunity to establish a presence in a dynamic and growing market. The 0.75-acre lot provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. Don't miss this chance to capitalize on this prime commercial real estate offering in a highly desirable location. Contact us today to learn more.

• CAP approach

  CAP return

  Valuation

  6%

  $28,146,218

  6.5%

  $25,981,124

  7%

  $24,125,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $44,915,220

  Geo Method

  $44,915,220

• Alternative Use

  Use

  Valuation

  Residential

  $21,916,050

  Hospitality

  $20,074,984

  Educational

  $16,702,151

  Medical

  $17,276,564

  Retail

  $25,981,124

Location Insight

City

Hillsboro

County

Highland

State

Ohio

Latitude

39.2197

Longitude

-83.611

Property Tax & Assessments

FAQs

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