Sign Up Successful!
You now have access to more from Realmo!
    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

    221 East 4Th St Cincinnati, OH 45202

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    Office space available for rent at 221 East 4th Street.

    We can help!

    Listing Contact
    Hannah Staubach
    Source: Cbre

    Listing Agent: Hannah Staubach

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

    Learn more

    Property Insight Report

    Overview

    Office Space Available For Rent

    Office space is available for rent at 221 East 4th Street, Cincinnati, OH, 45202. The property is classified as office space and office properties & spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunt Development Group General Contractor Edison Electricians of Cincinnati Electrician Appliance Repair Cincinnati Appliance Repair Service Carol J. Ney Attorney Arbitration Mediation Services Divorce Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.5081781
    Latitude
    39.1003922

    Nearby Similar for Lease

    • $25 SF/Yr
      11,560 SF

      New Retail Center on US-42

      Class A retail space in a high-growth Cincinnati suburb.
      9774 Cincinnati Columbus Rd, Cincinnati, OH 45241
      View Details
    • $16 SF/Yr
      12,360 SF

      Professional Office Building with Connectivity

      Modern office building with high visibility and accessibility.
      11126 Kenwood Rd, Cincinnati, OH 45242
      View Details
    • $22 SF/Yr
      30,000 SF

      Prime Retail and Professional Center

      Well-located retail and professional center with high visibility and accessibility.
      11001-11039 Montgomery Rd, Cincinnati, OH 45242
      View Details
    • $15 SF/Yr
      75,000 SF

      Avondale Town Center Retail Space

      Mixed-use development with retail space in Cincinnati's Avondale neighborhood.
      3539-3559 Reading Rd, Cincinnati, OH 45229
      View Details
    • $14 SF/Yr
      14,036 SF

      Blue Ash Retail/Office Space

      Prime Blue Ash location with customizable retail/office suites available.
      9280 Plainfield Rd, Cincinnati, OH 45236
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Springdale, OH

      4,000 SF retail space in a busy Springdale center.
      600-810 Kemper Commons Cir, Cincinnati, OH 45246
      View Details
    • $15 SF/Yr
      36,000 SF

      High-End Office Suite with Lakeview

      12,000 SF Class A office space with fitness center.
      12500 Reed Hartman Hwy, Cincinnati, OH 45241
      View Details
    • Contact for pricing
      25,000 SF

      Class A Office Space Available

      Class A office space with high-end finishes and modern design.
      8010 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • $16 SF/Yr
      6,214 SF

      Kenwood Office Space for Lease

      3,174+/- SF Kenwood office space with private offices.
      8549 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • $2,500 /Mo

      Updated Townhouse in Ivy Hills

      Updated townhouse with modern amenities in a quiet neighborhood.
      7135 Thorndale Ln, Cincinnati, OH 45244
      View Details
    • Contact for pricing
      2,304 SF

      Prime Cincinnati Location for Lease

      Highly visible space in a thriving Cincinnati market corridor.
      3020 Madison Rd, Cincinnati, OH 45209
      View Details
    • $25 SF/Yr
      2,597 SF

      Prime Retail/Restaurant Spaces Available

      End-cap locations with patios in thriving business district.
      6010 Montgomery Rd, Cincinnati, OH 45213
      View Details

    FAQs

    What type of property is this?
    Office space - Office space available for rent at 221 East 4th Street.
    Where is this office space located?
    The property is located at 221 East 4Th St Cincinnati, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Office space available.; - Located at 221 East 4th Street.
    (513) 369-1346
    Request Owner's contact information
    221 East 4Th St Cincinnati, OH 45202
    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.
    221 East 4Th St
    Cincinnati, OH 45202
    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
    221 East 4Th St Cincinnati, OH 45202
    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
    Hannah Staubach
    (513) 369-1346
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.