Former Restaurant Building For
11020 Hamilton Avenue Cincinnati, OH 45231
11020 Hamilton Avenue, Cincinnati, OH, 45231
$545,000
For Sale
$545,000
3,816 SF former restaurant on 0.94 acres available.
Property Size3,816 SF
Lot Size0.94 Acres
Price / SF$142.82
Days on Market114
Property Features for 11020 Hamilton Avenue
General Information
- Standard status
- Active
- Size
- 3,816 SF
- Lot size
- 0.94 Acres
- Property subtype
- Retail
Listing agency
NAI Bergman
(513) 703-2204
Listed by
David Metz · License #OH #SAL.2002005228
(513) 703-2204
Source
Naiglobal
Added: Apr 1 Updated: Jul 10 at 1:13PM Checked: Jul 23 at 4:32AM
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 NAI Bergman
Investment Insights
Based on property information with market context.
A former restaurant building is available for sale. The building has an area of 3,816 square feet and is situated on a 0.94-acre lot. The property formerly operated as a Taco Bell. It offers convenient access to I-275.
Key Highlights
- Former Taco Bell Restaurant
- 3,816 SF Building Size
- 0.94 Acre Lot Size
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $15.60 |
| − Vacancy | −$3.0k | −$0.78 |
| EGI | $56.6k | $14.82 |
| − OpEx | −$14.1k | −$3.70 |
| NOI | $42.4k | $11.11 |
3,816 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$605.9K
$530.2K – $706.9K
NOI $42,415 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$758.6K
$663.8K – $885.0K
NOI $53,100 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Taco Bell
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - 3,816 SF former restaurant on 0.94 acres available.
Where is this drive through restaurant located?
The property is located at 11020 Hamilton Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Former Taco Bell Restaurant; 3,816 SF Building Size; 0.94 Acre Lot Size
