Office Building Near
10587 Montgomery Rd Cincinnati, OH 45242
10587 Montgomery Rd, Cincinnati, OH, 45242
$830,000
For Sale
$830,000
Office building for sale, minutes from the freeway and positioned across from a hospital.
Property Size2,736 SF
Price / SF$303.36
Days on Market240
Property Features for 10587 Montgomery Rd
General Information
- Standard status
- Active
- Size
- 2,736 SF
Listing agency
Coldwell Banker Realty
(513) 802-8977
Listed by
Tahsin Mert
(513) 802-8977
Source
Exprealty
Added: Nov 24, 2025 Updated: Jul 22 at 4:28AM Checked: Jul 22 at 4:28AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This office building is available for sale, with the added option of leasing. The property is sized to support office use and offers a straightforward setup for an in-person business presence.
The building is located at 10587 Montgomery Rd in Cincinnati, OH. It is described as minutes from the freeway and across from a hospital, providing convenient access for employees and visitors.
If you’re looking for an office option with quick freeway proximity and a nearby healthcare anchor, this property’s current availability for both sale and lease may fit your planning needs.
The building is located at 10587 Montgomery Rd in Cincinnati, OH. It is described as minutes from the freeway and across from a hospital, providing convenient access for employees and visitors.
If you’re looking for an office option with quick freeway proximity and a nearby healthcare anchor, this property’s current availability for both sale and lease may fit your planning needs.
Key Highlights
- Office building for sale minutes from the freeway
- Positioned across from a hospital
- Also available for lease
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.5k | $20.64 |
| − Vacancy | −$12.9k | −$4.73 |
| EGI | $43.5k | $15.91 |
| − OpEx | −$10.9k | −$3.98 |
| NOI | $32.7k | $11.94 |
2,736 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$466.5K
$408.2K – $544.2K
NOI $32,654 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$543.9K
$475.9K – $634.5K
NOI $38,071 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lexington Blue Ohio
Roofing Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building for sale, minutes from the freeway and positioned across from a hospital.
Where is this office building located?
The property is located at 10587 Montgomery Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Office building for sale minutes from the freeway; Positioned across from a hospital; Also available for lease
