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6701-6711 Ringwood Road
Oxford, OH 45056
Asking Price
$3.30M
Asset Type
Retail
Class
Class B
What's Special
13.91 Acres in Retail and Logistics Corridor <ul><li>TWO RETAIL/FLEX PROPERTIES: 11,568-SF former gun range and training facility on a large 11.28 acre lot and 6,000- SF former church building on a 2.63 acre lot, totaling 13.91 acres. Both zoned for a variety of commercial and retail redevelopments. Additional $1,000/Year income from billboard on site. </li></ul><p></p><ul><li>LARGE PARKING LOT: Both buildings feature large parking lots with drawn plans for a connected driveway loop between the parcels, setting up frontage for additional
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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193
