Retail
New
For Sale
Contact for pricing
1069-1075 Millville Ave, Hamilton, OH 45013
The building is presently used by an active electrical contracting business.
Property Size2,936 SF
Price / SF$144.75
Days on Market4
Property Features for 1069-1075 Millville Ave
General Information
Standard status
Active
Size
2,936 SF
Property subtype
RETAIL
Building Details
Buildings
1
Listing Agency:
Coldwell Banker Realty | Ohio Indiana West Regional
(513) 922-9400
Listed By:
Rick Louallen · License #0000365995
(513) 237-1824
Source:
Moodyscre
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:24AM
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 | Ohio Indiana West Regional
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,936-square-foot retail property is currently used for an operating electrical contracting business. The building may be offered together with the neighboring property at 1077 Millville Ave; combined, the properties could accommodate four separate shops or rental spaces.
Key Highlights
- 2,936 square feet, per the auditor
- Currently used by an operating electrical contracting business
- May be combined with the neighboring building at 1077 Millville Ave for four shops or rental spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,465
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,300
$249.3K
Cap Rate 7%
$178,071
$178.1K
Cap Rate 9%
$138,500
$138.5K
Market Conditions
NOI Build-Up for 2,936 SF
Gross rent
$19.0K $6.48/SF
− Vacancy
−$1.2K −$0.41/SF
EGI
$17.8K $6.07/SF
− OpEx
−$5.3K −$1.82/SF
NOI
$12.5K $4.25/SF
Area
Butler County, OH
Vacancy
6.40%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,300
Cap Rate 7%
$178,071
Cap Rate 9%
$138,500
Alternative Uses
Best Use
Retail
$178.1K
$155.8K – $207.8K
NOI $12,465 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$580.5K
$507.9K – $677.3K
NOI $40,635 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 45013, OH
53,911
Population
21,734
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
117.7 sq mi
ZIP Area
458
Density / Sq Mi
$72,932
Median Household Income
$40,730
Median Earnings
$967
Median Rent
$217,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The building is presently used by an active electrical contracting business.
Where is this retail space located?
The property is located at 1069-1075 Millville Ave Hamilton, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,936 square feet, per the auditor; Currently used by an operating electrical contracting business; May be combined with the neighboring building at 1077 Millville Ave for four shops or rental spaces
