Rte 122Franklin, OH 45005

  • Retail properties
  • 11,956 SF
Off market
$702,134 Estimated

Property Details for Rte 122

Year built
1962
Construction
BRICK
Lot size
22.41 AC
Property size (Sq ft)
11,956 SF
Property type
Retail properties
Property subtype
Retail space
APN
08-27-251-023-0
APU
8272510230

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,784,373
    6.5%
    $2,570,190
    7%
    $2,386,606
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,332,568
    Geo Method
    $593,242
  • Alternative Use

    Use
    Valuation
    Residential
    $2,168,052
    Hospitality
    $1,985,924
    Educational
    $1,652,265
    Medical
    $1,709,089
    Retail
    $2,570,190
Rte 122, Franklin, Ohio

Location Insight

City
Franklin
County
Warren
State
Ohio
Latitude
39.4944
Longitude
-84.2864
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $466,830
  • Assessed land value
    $113,446
  • Assessed value
    $580,276
  • Tax year
    2023
  • Tax bill
    $16

FAQs

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