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

    11260 Cornell Park Dr Blue Ash, OH 45242

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr ($1,629 /Mo)

    Industrial property available for lease in Blue Ash, Ohio.

    Property size:
    2,300 SF
    Lot size:
    17.20 Acres

    Property Features for 11260 Cornell Park Dr

    General Information

    Size
    2,300 SF
    Lot size
    17.20 Acres

    We can help!

    Listing Contact
    Adam Simon
    Source: Moodyscre

    Listing Agent: Adam Simon

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

    Learn more

    Overview

    Industrial Space in Blue Ash

    An industrial property offering 2,300 square feet of space is available for rent. The property is located on Cornell Park Drive in Blue Ash, Ohio.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Dental Office Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Wholesale Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Blue Ash
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.3682987
    Latitude
    39.2731382

    Nearby Similar for Lease

    • $13 SF/Yr
      21,004 SF

      Blue Ash Medical Office Suites

      Medical and professional suites available in Blue Ash.
      4260 Glendale Milford Rd, Blue Ash, OH 45242
      View Details
    • $452 /Mo
      15,200 SF

      Renovated Office Suites in Blue Ash

      Updated office suites in downtown Blue Ash with ample parking.
      9420 Towne Square Ave, Blue Ash, OH 45242
      View Details
    • Contact for pricing
      53,000 SF

      Downtown Blue Ash Retail Space

      Retail and restaurant space in the heart of Blue Ash.
      4750 Cooper Rd, Blue Ash, OH 45242
      View Details
    • $7 SF/Yr
      197,329 SF

      Summit Innovation Center: Blue Ash

      Prime Industrial Warehouse Space Available
      9933 Alliance Rd, Blue Ash, OH 45242
      View Details
    • $21 SF/Yr
      50,000 SF

      Prime Blue Ash Office Space

      50,000 SF Office Building, Suites Available
      4243 Hunt Rd, Blue Ash, OH 45242
      View Details
    • $7 SF/Yr
      33,698 SF

      Blue Ash Warehouse Sublease Available

      33,698 SF warehouse space available for sublease in Blue Ash.
      4750 Lake Forest Dr, Blue Ash, OH 45242
      View Details
    • $14 SF/Yr
      127,058 SF

      Blue Ash Office Space Available

      Class A Office, Multiple Spaces, Ohio
      4600 Mcauley Pl, Blue Ash, OH 45242
      View Details
    • Contact for pricing
      66,096 SF

      Blue Ash Warehouse Space Available

      Modern warehouse, 2,518 sq ft, prime location.
      4701 Creek Rd, Blue Ash, OH 45242
      View Details
    • $7 SF/Yr
      186,000 SF

      Cornell Office Warehouse Park: Blue Ash, OH

      Prime Office/Warehouse Space Available
      11240-11260 Cornell Park Dr, Blue Ash, OH 45242
      View Details
    • $17 SF/Yr
      2,715 SF

      Blue Ash Office Space Available

      Office space for lease in a desirable Cincinnati suburban market.
      9403 Kenwood Rd, Blue Ash, OH 45242
      View Details
    • $15 SF/Yr
      1,950 SF

      Class A+ Office Space Available

      Class A+ office space for rent in Blue Ash, OH.
      5151 Pfeiffer Rd, Blue Ash, OH 45242
      View Details
    • $13 SF/Yr
      5,213 SF

      Blue Ash Office Space Available

      Prominent six-story building with modern amenities in Blue Ash.
      4555 Lake Forest Dr, Blue Ash, OH 45242
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property available for lease in Blue Ash, Ohio.
    Where is this industrial property located?
    The property is located at 11260 Cornell Park Dr Blue Ash, OH.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Industrial property available for lease; - Located in Blue Ash, Ohio
    (513) 769-2500
    Request Owner's contact information
    11260 Cornell Park Dr Blue Ash, OH 45242
    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.
    11260 Cornell Park Dr
    Blue Ash, OH 45242
    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
    11260 Cornell Park Dr Blue Ash, OH 45242
    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
    Adam Simon
    Real Estate License ID: OH SAL.0000407214
    (513) 769-2500
    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.