Partially Leased Corner Retail
10834 Hamilton Ave Cincinnati, OH 45231
10834 Hamilton Ave, Cincinnati, OH, 45231
$839,700
For Sale
$839,700
Corner retail building at a signalized intersection with 14,400 VPD and space available for lease.
Property Size2,477 SF
Lot Size0.51 Acres
Price / SF$338
Days on Market13
Property Features for 10834 Hamilton Ave
General Information
- Standard status
- Active
- Size
- 2,477 SF
- Lot size
- 0.51 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing agency
NAI Bergman
(513) 823-0068
Listed by
Hayden Batchelor · License #OH #SAL.2021004901
Source
Bergmancommercial
Added: Jul 9 Updated: Jul 20 at 11:56PM Checked: Jul 21 at 4:54AM
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 NAI Bergman
Investment Insights
Based on property information with market context.
This for-sale corner retail building in Mount Healthy includes one structure on approximately 0.51 acres and offers a total of 2,477 square feet. About half of the building is leased to Little Caesars Pizza, and approximately 1,056 square feet is currently vacant and available for lease.
The property is positioned at the corner of Hamilton Avenue and Roosevelt Avenue at a busy, signaled intersection with high visibility and daily traffic exposure of 14,400 VPD. It is adjacent to vacant lots on both sides.
Access is convenient to I-275 and surrounding markets, supporting retail and office or service user uses for the available space.
The property is positioned at the corner of Hamilton Avenue and Roosevelt Avenue at a busy, signaled intersection with high visibility and daily traffic exposure of 14,400 VPD. It is adjacent to vacant lots on both sides.
Access is convenient to I-275 and surrounding markets, supporting retail and office or service user uses for the available space.
Key Highlights
- 1988‑built corner retail building on approx. 0.51 AC at Hamilton Ave and Roosevelt Ave
- Total size 2,477 SF; approx. 1,056 SF vacant and available for lease
- About half of the building is leased to Little Caesars Pizza
Local Financial Insights For Specialty Retail
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 | $38.6k | $15.60 |
| − Vacancy | −$1.9k | −$0.78 |
| EGI | $36.7k | $14.82 |
| − OpEx | −$9.2k | −$3.70 |
| NOI | $27.5k | $11.11 |
2,477 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$393.3K
$344.2K – $458.9K
NOI $27,532 @ 7.0% cap · market cap 3.28%
Second Best
Retail
$349.3K
$305.6K – $407.5K
NOI $24,448 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$492.4K
$430.8K – $574.5K
NOI $34,467 @ 7.0% cap · market cap 4.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Little Caesars Pizza
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Corner retail building at a signalized intersection with 14,400 VPD and space available for lease.
Where is this retail space located?
The property is located at 10834 Hamilton Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $839,700.
What are key features of this property?
This property features: 1988‑built corner retail building on approx. 0.51 AC at Hamilton Ave and Roosevelt Ave; Total size 2,477 SF; approx. 1,056 SF vacant and available for lease; About half of the building is leased to Little Caesars Pizza
