Single-Story Office
For Sale
Contact for pricing
10855 Indeco Dr, Blue Ash, OH 45241
Single-story office building with upgraded interior finishes, off-street parking, and a loading dock.
Property Size4,950 SF
Price / SF$126.26
Days on Market258
Property Features for 10855 Indeco Dr
General Information
Standard status
Active
Size
4,950 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
upgraded interior finishes
off street parking
loading dock
Building Details
Stories
1
Listing Agency:
NAI Bergman
(513) 769-1700
Listed By:
Mark Freiberg, CCIM · License #SAL.0000360247
(513) 886-3303
Source:
Moodyscre
Added: Feb 11
Changed: Oct 25
Last Checked: Oct 26 at 8:24PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Single-story office building offering approximately 4,950 square feet with upgraded interior finishes. The property includes ample off-street parking and a loading dock, supporting day-to-day operations and deliveries. The building was previously used as a CPA firm.
The location provides easy access to highways, making it convenient for employees, clients, and vendors.
This setup supports an office-focused use with dedicated parking and loading capability.
The location provides easy access to highways, making it convenient for employees, clients, and vendors.
This setup supports an office-focused use with dedicated parking and loading capability.
Key Highlights
- 4,950 +/- SF single‑story office building
- Upgraded interior finishes
- Ample off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,590
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,800
$931.8K
Cap Rate 7%
$665,571
$665.6K
Cap Rate 9%
$517,667
$517.7K
Market Conditions
NOI Build-Up for 4,950 SF
Gross rent
$83.2K $16.80/SF
− Vacancy
−$21.0K −$4.25/SF
EGI
$62.1K $12.55/SF
− OpEx
−$15.5K −$3.14/SF
NOI
$46.6K $9.41/SF
Area
Hamilton County, OH
Vacancy
25.30%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,800
Cap Rate 7%
$665,571
Cap Rate 9%
$517,667
Alternative Uses
Best Use
Office B
$665.6K
$582.4K – $776.5K
NOI $46,590 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$887.4K
$776.5K – $1.04M
NOI $62,121 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
Explore this area
Business Placement
Demographics for 45241, OH
24,380
Population
11,131
Households
2.2
Avg Household Size
44
Median Age
48%
College-Educated
95%
High-School Grad
17.5 sq mi
ZIP Area
1,393
Density / Sq Mi
$94,943
Median Household Income
$60,857
Median Earnings
$1,137
Median Rent
$292,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Single-story office building with upgraded interior finishes, off-street parking, and a loading dock.
Where is this office building located?
The property is located at 10855 Indeco Dr Blue Ash, OH.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4,950 +/- SF single‑story office building; Upgraded interior finishes; Ample off‑street parking
