Multi-Room Retail
For Sale
Contact for pricing
11142 Kenwood Rd, Blue Ash, OH 45242
Five rooms, a reception area, break room, two half baths, and on-site parking support a range of commercial operations.
Property Size1,500 SF
Days on Market11
Property Features for 11142 Kenwood Rd
General Information
Standard status
Active
Size
1,500 SF
Taxes and HOA fees
Annual Taxes
$26,573
Listing Agency:
Comey & Shepherd
(513) 777-2333
Listed By:
May Xuemei Wu
(513) 254-9402
Source:
Exprealty
Added: Oct 9
Changed: Oct 19
Last Checked: Oct 19 at 2:03PM
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 Comey & Shepherd
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 1,500-square-foot retail space is arranged into five rooms, including a reception area and break room. The premises also include two half baths and parking for clients and staff. A prior barber shop configuration is in place, with the room layout and reception area among the existing features.
The property is at 11142 Kenwood Rd in Blue Ash, on Kenwood Road. The location is described as having high traffic counts and exposure.
The property is at 11142 Kenwood Rd in Blue Ash, on Kenwood Road. The location is described as having high traffic counts and exposure.
Key Highlights
- 1,500 square feet of retail space
- Five rooms, including a reception area and break room
- Two half baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,125
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,500
$322.5K
Cap Rate 7%
$230,357
$230.4K
Cap Rate 9%
$179,167
$179.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$24.3K $16.20/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$23.0K $15.36/SF
− OpEx
−$6.9K −$4.61/SF
NOI
$16.1K $10.75/SF
Area
Hamilton County, OH
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,500
Cap Rate 7%
$230,357
Cap Rate 9%
$179,167
Alternative Uses
Best Use
Retail
$230.4K
$201.6K – $268.8K
NOI $16,125 @ 7.0% cap · market cap 1,612,500.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$268.9K
$235.3K – $313.7K
NOI $18,824 @ 7.0% cap · market cap 1,882,400.00%
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
1,557
Businesses Nearby
Explore this area
Business Placement
Demographics for 45242, OH
23,214
Population
9,587
Households
2.4
Avg Household Size
42
Median Age
70%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
1,707
Density / Sq Mi
$120,869
Median Household Income
$74,505
Median Earnings
$1,781
Median Rent
$421,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Five rooms, a reception area, break room, two half baths, and on-site parking support a range of commercial operations.
Where is this retail space located?
The property is located at 11142 Kenwood Rd Blue Ash, OH.
What are key features of this property?
This property features: 1,500 square feet of retail space; Five rooms, including a reception area and break room; Two half baths
