Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Ready for Development Title is generated by Realmo AI

    Sound Wave Dr, Mason, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land suitable for retail, office, restaurant, or commercial use.

    Type:LAND
    Lot size:
    1.80 Acres
    Added:
    Apr 21, 2025
    Days on Market:
    392
    Last Refresh:
    Apr 5 at 11:00 pm

    Property Features for Sound Wave Dr

    General Information

    Standard status
    Active
    Lot size
    1.80 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Jeff Eichhorn

    Listing agent Jeff Eichhorn

    Listing office Schueler Group Henkle-Schueler, REALTORS

    Listing date Apr 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 Schueler Group Henkle-Schueler, REALTORS

    HighLights

    • Zoned mixed‑use – retail, office, restaurant, and commercial
    • Neighboring businesses include: Arrow Wine, Marion’s Piazza, Dermatologists of SW Ohio, All About Kids Daycare, Apex Eye
    • Two roads completed: Radio Way and Sound Wave Drive

    Overview

    This commercially zoned land is located near Arrow Wine, Marion’s Piazza, Dermatologists of SW Ohio, All About Kids Daycare, and Apex Eye. The property is zoned for mixed-use development, including retail, office, restaurant, and other commercial applications. Two roads, Radio Way and Sound Wave Drive, have been completed.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mason
    County
    Warren
    State
    Ohio
    Longitude
    -84.3079
    Latitude
    39.354

    Nearby Similar for Sale

    • $1,200

      Office Space with Shared Amenities

      Office unit with shared conference room and kitchenette access.
      6860 Tylersville Road, Mason, OH 45040
      View Details
    • $2,200,000
      5,511 SF

      Restaurant Space with Highway Visibility

      Restaurant space for sale in high-traffic retail corridor.
      9890 Escort Dr, Mason, OH 45040
      View Details
    • $750,000
      6,500 SF

      Mason Office Building For Sale

      6,500 sq ft office building on 1.5 acres.
      3989 S Us Route 42, Mason, OH, 45036-7209
      View Details
    • $1,500,000

      Mixed-Use Development Opportunity in Mason

      Mixed-use development anchored by Dorothy Lane Market on 1.37 acres.
      14 Western Row Road, Mason, OH 45040
      View Details
    • $1,250,000

      Mixed-Use Development in Mason, Ohio

      70-acre mixed-use development anchored by Dorothy Lane Market.
      11 Western Row Road, Mason, OH 45040
      View Details
    • $935,000
      2 SF

      Land Parcel in Mason, Ohio

      Prime land parcel in Mason with utilities and shared drive.
      Mason-Montgomery Road, Mason, OH 45040
      View Details
    • $1,500,000

      Land on Kings Mills Road

      Commercial land available with signalized access on Kings Mills Road.
      Kings Mills Rd, Mason, OH
      View Details
    • $350,000
      2,024 SF

      Updated Office Condo in Mason

      Class A office condo with recent upgrades, ideal for owner-operators.
      5720 Gateway Blvd, Mason, OH 45040
      View Details
    • $1,640,000

      Commercial Land on Kings Mills

      Commercial land with signalized access along Kings Mills Road.
      5323 Beach Blvd, Mason, OH
      View Details
    • $527,250

      3.515 Acre Industrial Land

      3.515 acres of industrial land with highway access.
      6827 Cintas Blvd, Mason, OH
      View Details
    • $850,000
      2 SF

      Land on State Rte. 741

      Land in affluent Cincinnati community, near entertainment district.
      Parkside Drive & State Rte. 741, Mason, OH 45040
      View Details
    • $2,750,000

      Land in Desirable Northern Suburb

      Redevelopment opportunity with highway visibility in Mason, Ohio.
      5310 Bardes Rd, Mason, OH
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land suitable for retail, office, restaurant, or commercial use.
    Where is this land located?
    The property is located at Sound Wave Dr Mason, OH.
    What are key features of this property?
    This property features: Zoned mixed‑use – retail, office, restaurant, and commercial; Neighboring businesses include: Arrow Wine, Marion’s Piazza, Dermatologists of SW Ohio, All About Kids Daycare, Apex Eye; Two roads completed: Radio Way and Sound Wave Drive
    (513) 932-6010 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeff Eichhorn
    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

    Thank You for Inquiry
    Sound Wave Dr, Mason, OH
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!