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Two-Story Office Condominium

10-34 Remick Blvd, Springboro, OH 45066

For Sale
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Contact for pricing

O-Office zoning supports professional and medical offices, personal services, financial institutions, and technical schools.

Property Size3,187 SF
Price / SF$142.77
Days on Market5

Property Features for 10-34 Remick Blvd

General Information

Standard status Active
Size 3,187 SF
Property subtype OFFICE
Zoning O-Office

Space & Availability

Floor 1-2
Condition Turnkey

Additional Details

Highway Access Yes
Property Use Office

Building Details

Year Built 2002
Buildings 1
Construction brick and stone
Listing Agency: Howard Hanna Real Estate Services
Listed By: Rob Anderson
Source: Moodyscre
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 2:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Real Estate Services

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Investment Insights

Based on property information with market context.

This 3,187-square-foot office condominium has a brick-and-stone exterior and a covered pergola at the entrance. The first floor contains 1,100 square feet with reception space, a conference room, a private office, and an ADA-accessible restroom. The 2,087-square-foot second floor includes multiple private offices, an unfinished storage room, and a separate restroom. HVAC is provided by a high-efficiency Trane system using natural gas. The building was constructed in 2002, and parking is shared, with one handicap space and three short-term spaces in front.

The property is adjacent to Wright Brothers Airport, near Dorothy Lane Market and retail along SR 741, and a short drive from I-75. O-Office zoning permits professional and medical offices, personal services, banks and other financial institutions, and technical schools.

Key Highlights

  • 3,187 square feet across two floors: 1,100 square feet on the first floor and 2,087 square feet on the second
  • First floor includes reception, a conference room, a private office, and an ADA‑accessible restroom
  • Second floor has multiple private offices, an unfinished storage room, and a restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,240
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,800 $824.8K
Cap Rate 7%
$589,143 $589.1K
Cap Rate 9%
$458,222 $458.2K
Market Conditions
NOI Build-Up for 3,187 SF
Gross rent
$60.4K $18.96/SF
− Vacancy
−$5.4K −$1.71/SF
EGI
$55.0K $17.25/SF
− OpEx
−$13.7K −$4.31/SF
NOI
$41.2K $12.94/SF
Area
Warren County, OH
Vacancy
9.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,800
Cap Rate 7%
$589,143
Cap Rate 9%
$458,222

Alternative Uses

Best Use
Office B
$589.1K
$515.5K – $687.3K (±1% cap)
NOI $41,240 @ 7.0% cap · market cap 9.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$711.9K
$622.9K – $830.5K (±1% cap)
NOI $49,830 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Auto Repair Shop Restaurant Hair Salon Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby

Demographics for 45066, OH

26,399
Population
9,747
Households
2.7
Avg Household Size
40
Median Age
57%
College-Educated
98%
High-School Grad
20.4 sq mi
ZIP Area
1,294
Density / Sq Mi
$122,208
Median Household Income
$64,298
Median Earnings
$1,387
Median Rent
$362,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - O-Office zoning supports professional and medical offices, personal services, financial institutions, and technical schools.
Where is this office unit located?
The property is located at 10-34 Remick Blvd Springboro, OH.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 3,187 square feet across two floors: 1,100 square feet on the first floor and 2,087 square feet on the second; First floor includes reception, a conference room, a private office, and an ADA‑accessible restroom; Second floor has multiple private offices, an unfinished storage room, and a restroom
(937) 433-1776 · Office Call to check price and availability
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