Add Listing
    For Lease
    • 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

    4770 Duke Dr Mason, OH 45040

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $11 SF/Yr

    Office building near I-71 with conferencing facility and atrium.

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Ryan Van Dulman
    Source: Naiglobal

    Listing Agent: Ryan Van Dulman

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

    Learn more

    Overview

    Three-Story Office Building with Atrium

    This three-story office building is situated near I-71 and Mason Montgomery Road. The property features multiple spaces available for lease. A fully equipped conferencing facility is available, accommodating up to 50 people. The building benefits from 24-hour controlled access and has a property manager on site. Additional features include skylights and an atrium. Multiple dining, shopping, and banking options are located nearby.
    Location Intelligence

    Current Use by Public Records

    Trak-1 - Trak-1 Technology General Contractor Bastian Solutions Cincinnati Production Facility ICR, Inc Corporate Office FounderLife Business Management Consultant Royal United Mortgage ... Loan Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mason
    County
    Warren
    State
    Ohio
    Longitude
    -84.3103731
    Latitude
    39.3008831

    Nearby Similar for Lease

    • $6 SF/Yr
      75,000 SF

      75,000 SF Industrial Space Available

      75,000 SF industrial space with heavy power and parking.
      4240 Irwin Simpson Rd, Mason, OH 45040
      View Details
    • Contact for pricing
      6,034 SF

      Retail Space Available For Lease

      6,034 SF retail space in Mason, OH for lease.
      5013 Bowen Dr, Mason, OH 45040
      View Details
    • $2,634 /Mo

      Retail Space in Mason, Ohio

      2,090 SF retail space suitable for retail or office use.
      1058 Reading Rd, Mason, OH 45040
      View Details
    • $15 SF/Yr
      5,634 SF

      Mason Office Space Available

      5,634 SF office space for lease in Mason, OH.
      3611 Socialville Foster Rd, Mason, OH 45040
      View Details
    • $25 SF/Yr
      1,100 SF

      Retail Space in High-Traffic Area

      Retail space with easy access and parking in Mason, OH.
      7872-7948 S Mason Montgomery Rd, Mason, OH 45040
      View Details
    • $11 SF/Yr
      76,037 SF

      Three-Story Office Building Near I-71

      Three-story office building with conferencing facility, near I-71.
      4770 Duke Dr, Mason, OH 45040
      View Details
    • $12 SF/Yr
      4,141 SF

      Class A Office Space

      Office space for rent in Deerfield Township, Mason, OH.
      9313 Parkway Dr, Mason, OH 45040
      View Details
    • $18 SF/Yr
      1,670 SF

      Retail Space in High-Growth Corridor

      Retail spaces available in a busy, high-visibility Mason location.
      6172-6212 Tylersville Rd, Mason, OH 45040
      View Details
    • $10 SF/Yr
      23,780 SF

      Industrial Space in Mason, OH

      Single-tenant industrial space available for lease in Mason, Ohio.
      6215 Hi Tek Ct, Mason, OH 45040
      View Details
    • $18 SF/Yr

      Furnished Office Space in Mason

      Professionally designed, fully furnished office space in Mason, Ohio.
      8585 Mason Montgomery Rd, Mason, OH 45040
      View Details
    • $10 SF/Yr
      60,575 SF

      Mason Office Space For Lease

      Office space in Mason, OH, with easy highway access.
      7288 Central Parke Blvd, Mason, OH 45040
      View Details
    • Contact for pricing
      6,462 SF

      Premier Office Space in Mason

      Modern office building with amenities and convenient highway access.
      5181-5191 Natorp Blvd, Mason, OH 45040
      View Details

    FAQs

    What type of property is this?
    Office building - Office building near I-71 with conferencing facility and atrium.
    Where is this office building located?
    The property is located at 4770 Duke Dr Mason, OH.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Conferencing facility seats up to 50; - Convenient location near I-71 & Mason Montgomery Road; - 24 hour controlled access
    (513) 377-0440
    Request Owner's contact information
    4770 Duke Dr Mason, OH 45040
    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.
    4770 Duke Dr
    Mason, OH 45040
    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
    4770 Duke Dr Mason, OH 45040
    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
    Ryan Van Dulman
    Real Estate License ID: #SAL.2023000419
    (513) 377-0440
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!