Drive-In
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10134 Mosteller Ln, West Chester, OH 45069
Warehouse space with a drive-in door and adaptable clear height for commercial operations.
Property Size6,000 SF
Price / SF$120
Days on Market215
Property Features for 10134 Mosteller Ln
General Information
Standard status
Active
Size
6,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
12 ft
Drive-In Doors
1
Listing Agency:
Colliers | Cincinnati
(513) 235-4543
Listed By:
Jeffrey Kroeger · License #SAL.2019003480
(513) 235-4543
Source:
Moodyscre
Added: Jan 29
Changed: Aug 29
Last Checked: Aug 29 at 1:20PM
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 Colliers | Cincinnati
Investment Insights
Based on property information with market context.
This 6,000-square-foot warehouse at 10134 Mosteller Ln provides functional industrial space with 10'-12' clear height and one drive-in door. The configuration supports a range of warehouse and commercial storage operations.
Located in West Chester, OH 45069, the property is scheduled to be available April 1, 2026.
Located in West Chester, OH 45069, the property is scheduled to be available April 1, 2026.
Key Highlights
- 6,000 SF warehouse space
- 10'-12' clear height
- 1 drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,690
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,800
$633.8K
Cap Rate 7%
$452,714
$452.7K
Cap Rate 9%
$352,111
$352.1K
Market Conditions
NOI Build-Up for 6,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.2K $6.36/SF
− Vacancy
−$878 −$0.15/SF
EGI
$37.3K $6.21/SF
− OpEx
−$5.6K −$0.93/SF
NOI
$31.7K $5.28/SF
Area
Hamilton County, OH
Vacancy
2.30%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,800
Cap Rate 7%
$452,714
Cap Rate 9%
$352,111
Alternative Uses
Best Use
Warehouse
$452.7K
$396.1K – $528.2K
NOI $31,690 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$941.2K – $1.25M
NOI $75,298 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45069, OH
53,694
Population
21,727
Households
2.5
Avg Household Size
40
Median Age
53%
College-Educated
95%
High-School Grad
29.0 sq mi
ZIP Area
1,852
Density / Sq Mi
$115,539
Median Household Income
$61,747
Median Earnings
$1,585
Median Rent
$314,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space with a drive-in door and adaptable clear height for commercial operations.
Where is this warehouse located?
The property is located at 10134 Mosteller Ln West Chester, OH.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 6,000 SF warehouse space; 10'-12' clear height; 1 drive‑in door
