West Chester Retail/Office
For Sale
Contact for pricing
8786 Cincinnati Dayton, West Chester, OH
1,851+ SF retail or office space in West Chester, OH.
Property Size1,851 SF
Lot Size0.32 Acres
Price / SF$135.06
Days on Market2478
Property Features for 8786 Cincinnati Dayton
General Information
Standard status
Active
Size
1,851 SF
Lot size
0.32 Acres
Property subtype
RETAIL
Listing Agency:
North Ridge Realty Group
(513) 860-5050
Listed By:
John Stretch · License #2008004113
(513) 623-6505
Source:
Moodyscre
Added: Jan 14, 2020
Changed: Oct 26
Last Checked: Oct 26 at 7:34PM
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 North Ridge Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property offers 1,851+ square feet of retail or office space. The location is just minutes from Union Centre and I-75, situated in the Olde West Chester retail district. The property benefits from high visibility. Zoned B-1, it can be used commercially or with a residential component. A lower level and over-sized garage provide additional usable areas. Nearby national retailers include Panera, Starbucks, Topgolf, Bravo, Barnes & Noble, Chipotle, and Ikea.
Key Highlights
- Zoned B‑1 offering flexibility for commercial or residential ventures.
- High visibility location in the desirable Olde West Chester retail district.
- 1,851+ SF of retail or office space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,899
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,980
$398.0K
Cap Rate 7%
$284,271
$284.3K
Cap Rate 9%
$221,100
$221.1K
Market Conditions
NOI Build-Up for 1,851 SF
Gross rent
$30.0K $16.20/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$28.4K $15.36/SF
− OpEx
−$8.5K −$4.61/SF
NOI
$19.9K $10.75/SF
Area
Hamilton County, OH
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,980
Cap Rate 7%
$284,271
Cap Rate 9%
$221,100
Alternative Uses
Best Use
Retail
$284.3K
$248.7K – $331.7K
NOI $19,899 @ 7.0% cap · market cap 7.96%
Second Best
Office B
$248.9K
$217.8K – $290.4K
NOI $17,422 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$331.8K
$290.4K – $387.2K
NOI $23,229 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - 1,851+ SF retail or office space in West Chester, OH.
Where is this retail space located?
The property is located at 8786 Cincinnati Dayton West Chester, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Zoned B‑1 offering flexibility for commercial or residential ventures.; High visibility location in the desirable Olde West Chester retail district.; 1,851+ SF of retail or office space.
