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

    11959 Tramway Dr Cincinnati, OH

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

    Industrial building with cranes and solar system in Sharonville.

    Type:INDUSTRIAL
    Property size:
    24,400 SF
    Lot size:
    1.99 Acres
    Added:
    Aug 21, 2025
    Days on Market:
    226
    Last Refresh:
    Apr 1 at 10:15 pm

    Property Features for 11959 Tramway Dr

    General Information

    Standard status
    Active
    Size
    24,400 SF
    Lot size
    1.99 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Rod MacEachen

    Listing agent Rod MacEachen

    Listing office SqFt Commercial

    Listing date Aug 21, 2025

    Source Moodyscre

    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 SqFt Commercial

    Overview

    Sharonville Industrial Building with Cranes

    Located in the City of Sharonville, this industrial building offers convenient access to I-71, I-75, and I-275. The warehouse features compressed airlines and exhaust fans throughout. The building has drive-through capabilities. It is equipped with five bridge cranes, including three 10-ton cranes and two 5-ton cranes, each with 45-foot spans and 20-foot hook heights. A roof-mounted solar system, installed in 2015 for $300,000, provides a peak power of 123.24 kWp. The property is zoned General Industry (GI) by the City of Sharonville. The building contains 24,400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Morsco Machinery Services Industrial Manufacturer DSI Dantech - We ... Industrial Manufacturer Morsco AEC LLC Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.406
    Latitude
    39.2939

    Nearby Similar for Sale

    • $940,000
      12,020 SF

      Spacious Office Building with Parking

      Over 10,000 SF office building with private parking.
      3751 Warsaw Avenue, Cincinnati, OH 45205
      View Details
    • $450,000

      Iconic Cincinnati Commercial Property

      Character-filled space ideal for winery, brewery, bar, or hospitality.
      6344 Gracely Drive, Cincinnati, OH 45233
      View Details
    • $699,000

      Mixed-Use Property with Bar Included

      Mixed-use property with bar, apartments, barber shop, and office.
      3095 Glenmore Avenue, Cincinnati, OH 45238
      View Details
    • $1,500,000

      Retail Building in Price Hill

      Two-story retail building with redevelopment potential and dedicated parking.
      3916 Glenway Avenue, Cincinnati, OH 45205
      View Details
    • $1.00
      10,788 SF

      Office Suites in St Bernard

      Small office suites available in St Bernard, Ohio.
      4903 Vine Street, St Bernard, OH 45217
      View Details
    • $1.00
      3,860 SF

      Commercial Space Near Convention Center

      Flexible commercial space with potential for multi-tiered hospitality experience.
      126 W Sixth Street, Cincinnati, OH 45202
      View Details
    • $1.00
      10,788 SF

      Office Suite in St Bernard

      2,000 SF office suite in a convenient location.
      4903 Vine Street unit: Ll, St Bernard, OH 45217
      View Details
    • $1.00

      Office Spaces in Finneytown Area

      Office units for lease with ample parking in Finneytown.
      779 Reynard Avenue, Springfield Twp., OH 45231
      View Details
    • $375,000

      Cash-Flowing Cincinnati Multifamily Investment

      Updated 4-unit property with long-term tenants and income potential.
      7119 Eastlawn Drive, Cincinnati, OH 45237
      View Details
    • $850,000
      4,359 SF

      Historic Multi-Family in Cincinnati, OH

      Historic multi-family property with income potential in vibrant Cincinnati neighborhood.
      428 Elizabeth Street, Cincinnati, OH 45203
      View Details
    • $679,000
      4,099 SF

      Mixed-Use Investment in Walnut Hills

      Turnkey investment opportunity with recent renovations and diverse income streams.
      2340 Laredo Avenue, Cincinnati, OH 45206
      View Details
    • $469,900

      Turnkey Duplex with Rental Potential

      Renovated duplex with income potential in Cincinnati, Ohio.
      2232 Kemper Lane, Cincinnati, OH 45206
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Industrial building with cranes and solar system in Sharonville.
    Where is this manufacturing property located?
    The property is located at 11959 Tramway Dr Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $3,660,000.
    What are key features of this property?
    This property features: Benefit from **five bridge cranes**: three 10‑ton and two 5‑ton with 45' spans and 20' hook height.; Enjoy convenient drive‑through capabilities.; Features a roof‑mounted solar system (123.24 kWp Peak Power) installed in 2015.
    (513) 675-5764 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rod MacEachen
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!