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

    4461-4498 Marie Dr Middletown, OH 45044

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

    Retail space available in Middletown, OH with easy access.

    Property size:
    36,837 SF
    Lot size:
    36,837 SF

    Property Features for 4461-4498 Marie Dr

    General Information

    Size
    36,837 SF

    We can help!

    Listing Contact
    Katie Crowl
    Katie Crowl
    Source: Lee-associates

    Listing Agent: Katie Crowl

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

    Learn more

    Overview

    Retail Space in Middletown, OH

    This retail space is located in Middletown, OH, offering convenient access from both Marie Drive and Elliott Drive. Situated within one of Middletown’s established retail corridors, the property benefits from its location. The property is approximately 5 minutes from I-75. The property has a size of 36837 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Pharmacy Nail Salon Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Butler
    State
    Ohio
    Longitude
    -84.3839
    Latitude
    39.447

    Nearby Similar for Lease

    • $625,000
      8,000 SF

      Middletown Health Care Office Space

      8,000 SF medical office with patient rooms and basement.
      74 N Breiel Blvd, Middletown, OH
      View Details
    • $15 SF/Yr
      27,025 SF

      Middletown Industrial Brewery Property

      Turnkey Brewery: Sale or Lease in Ohio
      6550 Hamilton Lebanon Rd, Middletown, OH 45044
      View Details
    • $18 SF/Yr
      31,860 SF

      Atrium Medical Office Space, Middletown OH

      Modern Medical Office Suites Available Now
      100 Campus Loop Rd, Middletown, OH 45005
      View Details
    • Contact for pricing
      13,182 SF

      Middletown Retail Center Opportunity

      Established center, 13,182 sq ft available
      413 Breiel Blvd, Middletown, OH 45044
      View Details
    • Contact for pricing
      1 SF

      Kohl's Pad Site, Middletown, OH

      Prime Retail Pad, 1 Acre, Middletown
      6825 Roosevelt Ave, Middletown, OH 45005
      View Details
    • Contact for pricing
      5,659 SF

      Middletown Retail Center Opportunity

      Established center, 5,659 sq ft available
      413 Breiel Blvd, Middletown, OH 45044
      View Details
    • Contact for pricing
      3,200 SF

      Middletown Retail Center Opportunity

      Established center, 3 buildings, 15 acres
      413 Breiel Blvd, Middletown, OH 45044
      View Details
    • $10 SF/Yr
      2,342 SF

      Middletown Retail Center Opportunity

      Established center, 2,342 sq ft available
      413 Breiel Blvd, Middletown, OH 45044
      View Details
    • $12 SF/Yr
      23,500 SF

      Crossroads Market Retail Space

      Middletown, OH storefront space available.
      4421 Roosevelt Blvd, Middletown, OH 45044
      View Details
    • Contact for pricing
      803 SF

      Middletown Retail Center Opportunity

      Established center, 1 space available, high traffic.
      413 Breiel Blvd, Middletown, OH 45044
      View Details
    • Contact for pricing
      3,952 SF

      Established Shopping Center Retail Space

      Neighborhood shopping center with national and local tenants.
      413-621 S Breiel Blvd, Middletown, OH
      View Details
    • $14 SF/Yr
      52,382 SF

      Executive Office Space Middletown, OH

      Class A Office Suites Available Now
      3420 Atrium Blvd, Middletown, OH 45005
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in Middletown, OH with easy access.
    Where is this retail space located?
    The property is located at 4461-4498 Marie Dr Middletown, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Located within one of Middletown’s retail corridors; - Easy access from both Marie Drive and Elliott Drive; - Approximately 5 minutes from I-75
    (513) 272-6800
    Request Owner's contact information
    4461-4498 Marie Dr Middletown, OH 45044
    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.
    4461-4498 Marie Dr
    Middletown, OH 45044
    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
    4461-4498 Marie Dr Middletown, OH 45044
    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
    Katie Crowl
    Katie Crowl
    (513) 272-6800
    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.