109-121 S Wayne Avenue Lockland Cincinnati, OH 45215
Two-story industrial flex space includes a freight elevator to the second floor and side drive-in door access.
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 11 at 3:48 am
Property Features for 109-121 S Wayne Avenue Lockland
General Information
- Standard status
- Active
- Size
- 12,000 SF
Listing office (937) 699-5606
Listing date Jul 10, 2026
Source Liveloveohio
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All listing content including descriptions, pricing, images are the copyrighted material of Haven Pisani
Investment Insights
Based on property information with market context.
The property is offered for sale with a general commercial zoning classification. The use sheet is available through the MLS for potential uses.
Key Highlights
- Two‑story industrial flex space with approximately 12,000 sq ft across two floors
- Freight elevator provides accessibility to the second floor
- Side drive‑in door access for loading and easy ingress/egress
Local Financial Insights For Flex RnD
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 | $144.0k | $12.00 |
| − Vacancy | −$10.1k | −$0.84 |
| EGI | $133.9k | $11.16 |
| − OpEx | −$46.9k | −$3.91 |
| NOI | $87.0k | $7.25 |
Alternative Uses
Property Analytics
Current Use by Public Records
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