1135 Kemper RdCincinnati, OH 45240

Property Details for 1135 Kemper Rd

Year built

1995

Lot size

3.18 AC

Property size (Sq ft)

14,336 SF

Property type

Grocery and convenience stores

APN

591-0012-0335-00

APU

5910012033500

Description

This exceptional 14,000-square-foot freestanding retail building presents a unique investment opportunity in Cincinnati, Ohio. Situated on a sizable 3.163-acre lot at 1135 West Kemper Road, this property boasts a highly visible corner location within a densely populated area. The building's former use as a grocery store provides ample space and infrastructure, including a truck well and dock, making it suitable for a wide range of commercial ventures. Its convenient location offers easy access to major thoroughfares, including a half-mile proximity to the I-275 interchange, ensuring excellent accessibility for both customers and employees. The property benefits from significant visibility thanks to included pylon and monument signage. This prime location in Cincinnati, within Hamilton County (zip code 45240), places the building in close proximity to a variety of established retailers and restaurants, including major players like Kroger and Walmart, ensuring high foot traffic and brand recognition potential. The surrounding area is densely populated, with nearly 10,000 people residing within a one-mile radius, providing a substantial customer base. This property is for sale and offers a compelling opportunity for businesses seeking a prominent location with substantial space and excellent visibility. The substantial lot size also allows for future expansion or development possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,493,520

  6.5%

  $2,301,711

  7%

  $2,137,303

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,486,578

  Geo Method

  $4,486,578

• Alternative Use

  Use

  Valuation

  Residential

  $1,941,580

  Hospitality

  $1,778,476

  Educational

  $1,479,672

  Medical

  $1,530,560

  Retail

  $2,301,711

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.2882

Longitude

-84.5214

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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