115 State Route 124

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115 State Route 124

Hillsboro, OH 45133
Asking Price
$295K
Asset Type
Office
Class
Class B

What's Special

115 State Route 124 is situated in Hillsboro, Ohio, positioned along a primary east-west corridor within Highland County. The surrounding neighborhood is characterized by a blend of residential pockets and established commercial businesses. The property benefits from proximity to local government offices, regional retail centers, and dining amenities concentrated in the city center. Accessibility is provided via State Route 124, which connects directly to the regional highway network, facilitating transit for staff and visitors from surrounding rural and suburban areas. The building is suited for professional services, administrative operations, or medical office use. Its layout and strategic location make it an appropriate fit for regional headquarters, law firms, insurance agencies, or satellite healthcare clinics. Typical tenants include local businesses or organizations seeking a visible, accessible presence near Hillsboro’s central business district. The property’s configuration supports high-density office personnel or private consultancy practices requiring professional space within a regional economic hub.

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NOI
$80,000
Cap Rate
27.12%
DSCR
4.57
Strong
Cash-on-Cash
70.61%
Monthly Payment
$1,459.499
Annual Cash Flow
$62,486.011

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