Add Listing
    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

    6550 Hamilton Lebanon Rd Middletown, OH 45044

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    27,225 SF industrial building on 4.217 acres for sale/lease.

    Building Details

    Year built
    2017

    We can help!

    Listing Contact
    Scott Kaster
    Scott Kaster
    Source: Naiglobal

    Listing Agent: Scott Kaster

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

    Learn more

    Overview

    Conditioned Industrial Building Near I-75

    This 27,225 square foot conditioned industrial building is available for sale or lease. The property is situated on 4.217 acres. It is located in Monroe, between Cincinnati and Dayton, offering convenient access to I-75. The location is near Cincinnati Premium Outlets, Kings Island, and various restaurants. The building includes a cold room or storage area.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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

    • $9 SF/Yr
      723 SF

      Updated Office Spaces Available

      Updated office spaces for lease near amenities and highway.
      6820 Roosevelt Ave, Middletown, OH
      View Details
    • $12 SF/Yr
      36,837 SF

      Retail Space in Middletown, OH

      Retail space available in Middletown, OH with easy access.
      4461-4498 Marie Dr, Middletown, OH 45044
      View Details
    • $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
    • $475,000
      30,240 SF

      Middletown Retail Corner Location

      Retail property in innovative Middletown, near Dayton and Cincinnati.
      1150 Central Ave, Middletown, OH 45044
      View Details
    • $14 SF/Yr
      20,049 SF

      Retail Space Near High Traffic

      Retail property for lease with high traffic and out-lot possibilities.
      3601 Towne Blvd, Middletown, OH
      View Details
    • $14 SF/Yr
      26,191 SF

      Middletown Office Space for Lease

      Office building in Middletown's Renaissance District with ample parking.
      3420 Atrium Blvd, Middletown, OH
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Middletown, OH

      Retail space available for lease in Middletown, Ohio.
      710 S Breiel Blvd, Middletown, OH
      View Details
    • Contact for pricing
      33,000 SF

      Middletown Warehouse with Divisible Space

      33,000 SF warehouse space available for rent in Middletown.
      3210 S Main St, Middletown, OH
      View Details
    • Contact for pricing
      6,082 SF

      Retail Space in Central Corridor

      Retail space in central retail corridor, former restaurant outlot.
      4900 Roosevelt Blvd, Middletown, OH
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space Near Breiel Boulevard

      New retail space in convenient store anchored strip center.
      4301 Lefferson Rd, Middletown, OH
      View Details
    • Contact for pricing
      28,000 SF

      Retail Space Available for Lease

      Retail space downsizing opportunity in Middletown, OH.
      3455 Towne Blvd, Middletown, OH
      View Details
    • Contact for pricing
      10,110 SF

      Retail Building with Drive-Thru

      10,110 SF retail building with drive-thru on 1.22 acres.
      440 Oxford State Rd, Middletown, OH
      View Details

    FAQs

    What type of property is this?
    Warehouse - 27,225 SF industrial building on 4.217 acres for sale/lease.
    Where is this warehouse located?
    The property is located at 6550 Hamilton Lebanon Rd Middletown, OH.
    What are key features of this property?
    This property features: - Conditioned industrial building with 27,225 SF; - Located between Cincinnati and Dayton, near I-75; - Includes cold room/storage
    (937) 673-4366
    Request Owner's contact information
    6550 Hamilton Lebanon Rd 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.
    6550 Hamilton Lebanon Rd
    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
    6550 Hamilton Lebanon Rd 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
    Scott Kaster
    Scott Kaster
    Real Estate License ID: #SAL.2009000788
    (937) 673-4366 (937) 294-7777
    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!