Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Vandercar Way Cincinnati, OH 45209

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Proposed office building with availability starting at 30,000 RSF.

    Property size:
    200,000 SF
    Lot size:
    200,000 SF

    Property Features for Vandercar Way

    General Information

    Standard status
    Active
    Size
    200,000 SF

    We can help!

    Listing Contact
    Scott Yards, Ccim
    Scott Yards, Ccim
    Source: Cbre

    Listing Agency: CBRE Cincinnati Listing Agent: Scott Yards, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Proposed Office Building For Rent

    A proposed office building offers availability starting at 30,000 rentable square feet, with a maximum of up to 200,000 rentable square feet. The property is located on Vandercar Way in Cincinnati, Ohio. According to the listing, it is the most accessible site in the city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.4263
    Latitude
    39.1528

    Nearby Similar for Lease

    • Contact for pricing

      PNC Center

      Flexible workspace in West Loop 200 S. Wacker
      201 5Th St, Cincinnati, OH 45202
      View Details
    • Contact for pricing

      Spaces Over The Rhine

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      1435 Vine St, Cincinnati, OH 45202
      View Details
    • Sponsored
      Contact for pricing

      OH, Cincinnati - Chester Rd

      Workspaces, services and support to help you work better in Frisco Square
      11260 Chester Rd, Cincinnati, OH 45246
      View Details
    • Contact for pricing

      OH, Cincinnati - Kemper Meadow Dr

      Discover many ways to work your way in San Antonio Airport
      1255 Kemper Meadow Dr, Cincinnati, OH 45240
      View Details
    • Contact for pricing

      OH, Cincinnati - Montana Ave

      Discover many ways to work your way in Pruneyard
      2300 Montana Ave, Cincinnati, OH 45211
      View Details
    • $800 /Mo

      Renovated Office Space Available

      Prime office space in a dynamic Montgomery commercial area.
      7800 Cooper Rd, Cincinnati, OH 45242
      View Details
    • $1,162 /Mo

      Springdale Office Space For Rent

      Office space in Springdale with great highway access and parking.
      155 Tri County Pkwy, Cincinnati, OH 45246
      View Details
    • $16 SF/Yr
      675 SF

      Furnished Office Space on Springfield

      675 SF furnished office space for lease on Springfield Pike.
      11503 Springfield Pike, Cincinnati, OH 45246
      View Details
    • $22 SF/Yr
      3,700 SF

      Retail/Office Space in Midtown Cincinnati

      3700 SF retail/office space at Court & Walnut, Cincinnati.
      39 E Court St, Cincinnati, OH 45202
      View Details
    • $2,220 /Mo

      Mount Lookout Retail/Office Space

      Retail and office spaces available in Mount Lookout Square.
      3152 Linwood Ave, Cincinnati, OH 45208
      View Details
    • $16 SF/Yr
      14,593 SF

      Updated Office Space Available

      Updated office spaces with convenient access to downtown and I-71.
      2368 Victory Pkwy, Cincinnati, OH 45206
      View Details
    • $22 SF/Yr

      Downtown Cincinnati Commercial Spaces For Rent

      Prime commercial spaces in Cincinnati's Central Business District undergoing renovations.
      113 W 4Th St, Cincinnati, OH 45202
      View Details

    FAQs

    What type of property is this?
    Office building - Proposed office building with availability starting at 30,000 RSF.
    Where is this office building located?
    The property is located at Vandercar Way Cincinnati, OH.
    What are key features of this property?
    This property features: - Most accessible site in the city; - Up to 200,000 RSF max; - Availability starting @ 30,000 RSF
    (513) 369-1300
    Request Owner's contact information
    Vandercar Way Cincinnati, OH 45209
    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.
    Vandercar Way
    Cincinnati, OH 45209
    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
    Vandercar Way Cincinnati, OH 45209
    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

    We can help!
    Listing Contact
    Scott Yards, Ccim
    Scott Yards, Ccim
    (513) 369-1300 (513) 369-1360 (513) 369-1313
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!