Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Industrial Property Near Airport Title is generated by Realmo AI

    110 MERCANTILE DRIVE, Fairfield, OH 45014

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial property for lease near Cincinnati/Northern Kentucky International Airport.

    Type:Industrial
    Added:
    Jan 27, 2026
    Days on Market:
    115
    Last Refresh:
    Apr 5 at 11:26 pm

    Property Features for 110 MERCANTILE DRIVE

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Spaces For Lease

    at 110 MERCANTILE DRIVE Contact us

    We can help!

    Listing Contact
    Si Pitstick
    Si Pitstick

    Listing agent Si Pitstick License #KY #188411

    Listing office

    Listing date Jan 27, 2026

    Source Nmrk

    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 Si Pitstick

    HighLights

    • Prime Location: Near Cincinnati/Northern Kentucky International Airport and minutes from I‑275 & I‑75, offering excellent transportation access.
    • Benefit from the High 40’ clear height, accommodating various industrial uses.
    • Includes 42 docks (cross‑docked) for efficient loading and unloading.
    • ESFR Sprinkler System: Equipped with an ESFR sprinkler system for enhanced fire protection.
    • Spacious Layout: Provides a 54’ x 50’ column spacing, allowing for flexible space utilization.
    • Offers 2 drive‑in doors for convenient access.

    Overview

    This industrial property is available for lease and is located near the Cincinnati/Northern Kentucky International Airport. The property features a 40-foot clear height, ESFR sprinkler system, 42 docks configured for cross-docking, and 2 drive-in doors. Column spacing is 54’ x 50’. The master sublease expires on 9/30/2029. The property is located minutes from I-275 and I-75.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Butler
    State
    Ohio
    Longitude
    -84.5465
    Latitude
    39.3284

    Nearby Similar for Lease

    • $20,000/Mo
      12,000 SF

      Fairfield Warehouse with Outdoor Storage

      New construction warehouse with yard and trailer parking available forlease.
      Seward Rd, Fairfield, OH
      View Details
    • $22 SF/Yr
      10,160 SF

      Fairfield Warehouse with Expansion Potential

      New construction warehouse with expansion and outdoor storage potential.
      3905 Port Union Road, Fairfield, OH
      View Details
    • Contact for pricing
      70,000 SF

      70,000 SF Industrial Warehouse

      70,000 SF industrial warehouse with convenient highway access.
      4115 Thunderbird Lane, Fairfield, OH, 45014
      View Details
    • $45 SF/Yr
      1,500 SF

      Retail Space Near Jungle Jim's

      Retail space available next to Starbucks and Jersey Mike’s.
      5440 Dixie Hwy, Fairfield, OH
      View Details
    • $1,000/Mo
      1,250 SF

      Fairfield Warehouse Space Available

      1,250 SF warehouse space available for lease in Fairfield.
      4350-4372 Muhlhauser Rd, Fairfield, OH
      View Details
    • $7 SF/Yr
      19,740 SF

      Retail Space with High Traffic

      Anchor and in-line retail spaces available in Fairfield, OH.
      4605-4627 Dixie Hwy, Fairfield, OH
      View Details
    • $8 SF/Yr
      12,295 SF

      Industrial Space with Crane Access

      Industrial property featuring cranes and multiple drive-in doors for lease.
      3400 Port Union Rd, Fairfield, OH
      View Details
    • Contact for pricing
      200,221 SF

      Fairfield Industrial Building For Lease

      200,221 SF industrial building with upgrades available for lease.
      4275 Thunderbird Lane, Fairfield, OH, 45014
      View Details
    • $7 SF/Yr

      Fairfield Specialty Property for Rent

      Specialty property available for rent in Fairfield, Ohio.
      Symmes Rd., Fairfield, OH 45014
      View Details
    • Contact for pricing
      79,556 SF

      Fairfield Warehouse with Ample Parking

      79,556 SF warehouse with A/C and ample parking.
      4250 Port Union Road, Fairfield, OH, 45011
      View Details
    • $7 SF/Yr
      39,558 SF

      Fairfield Warehouse with Office Space

      39,558 SF warehouse with office space available for rent.
      6900 Fairfield Business Ctr, Fairfield, OH
      View Details
    • Contact for pricing
      52,400 SF

      Fairfield Warehouse Space Available

      52,400 SF warehouse with easy highway access.
      375 Northpointe Drive, Fairfield, OH, 45014
      View Details

    FAQs

    What type of property is this?
    Specialty property - Industrial property for lease near Cincinnati/Northern Kentucky International Airport.
    Where is this specialty property located?
    The property is located at 110 MERCANTILE DRIVE Fairfield, OH.
    What are key features of this property?
    This property features: Prime Location: Near Cincinnati/Northern Kentucky International Airport and minutes from I‑275 & I‑75, offering excellent transportation access.; Benefit from the High 40’ clear height, accommodating various industrial uses.; Includes 42 docks (cross‑docked) for efficient loading and unloading.
    (513) 864-6600
    We can help!
    Listing Contact
    Si Pitstick
    Si Pitstick
    Real Estate License ID: KY #188411
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    110 MERCANTILE DRIVE, FAIRFIELD, OH 45014
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!