Fenced Yard Flex
For Sale
$1,000,000
126 Wilmer Avenue, Cincinnati, OH 45226
Commercial Sale, Cincinnati, OH
Property Size5,114 SF
Lot Size0.98 Acres
Price / SF$195.54
Days on Market158
Property Features for 126 Wilmer Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Fenced
Interior features
Crane, Drive-in Door, Over 12 Doors
Exterior features
Full Fenced, Outside Storage, Lights
Fencing
Fenced
Directions
Kellogg to Wilmer to property.
Subdivision
Hamilton-E04
Standard status
Active
APN
0120004000900
Size
5,114 SF
Lot size
0.98 Acres
Utilities
Heating system
Natural Gas
Building Details
Year built
1956
Flooring type
Concrete
Building materials
Block
Roof type
Metal
Additional Structures
Storage
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Nicholas Motz · License #2005008725
(866) 212-4991
Added: May 5
Changed: Sep 30
Last Checked: Oct 9 at 1:06PM
MLS# 1877965
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Cincinnati flex property includes an open shop area, office space, and a 750-square-foot mezzanine suited to storage. The facility offers 14-foot clear height, four 14-foot bay doors, a reinforced concrete slab, 3-phase power, overhead lifts, and conditioned interior space. An attached service carport accommodates RV use, while the metal-roofed block building includes natural gas heat.
The property occupies 0.984 acres at 126 Wilmer Avenue in Cincinnati’s East End/Linwood area. Site improvements include a fully fenced service lot, secured gravel yard, exterior lighting, and outside storage. The building was constructed in 1956 and is currently used for boat fiberglass repair.
The property occupies 0.984 acres at 126 Wilmer Avenue in Cincinnati’s East End/Linwood area. Site improvements include a fully fenced service lot, secured gravel yard, exterior lighting, and outside storage. The building was constructed in 1956 and is currently used for boat fiberglass repair.
Key Highlights
- 0.984‑acre fenced service lot with secured gravel yard and outside storage
- 5,114 SF property size with a 750 SF mezzanine
- 14' clear height and (4) 14' bay doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,516
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,320
$890.3K
Cap Rate 7%
$635,943
$635.9K
Cap Rate 9%
$494,622
$494.6K
Market Conditions
NOI Build-Up for 5,114 SF
Gross rent
$73.6K $14.40/SF
− Vacancy
−$5.2K −$1.01/SF
EGI
$68.5K $13.39/SF
− OpEx
−$24.0K −$4.69/SF
NOI
$44.5K $8.70/SF
Area
Cincinnati, OH
Vacancy
7.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,320
Cap Rate 7%
$635,943
Cap Rate 9%
$494,622
Alternative Uses
Best Use
Flex RnD
$635.9K
$556.5K – $741.9K
NOI $44,516 @ 7.0% cap · market cap 4.45%
Second Best
Warehouse
$427.4K
$373.9K – $498.6K
NOI $29,915 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.02M
$889.5K – $1.19M
NOI $71,161 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
14 ft
Clear height
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45226, OH
5,687
Population
3,272
Households
1.7
Avg Household Size
36
Median Age
73%
College-Educated
98%
High-School Grad
5.7 sq mi
ZIP Area
998
Density / Sq Mi
$100,320
Median Household Income
$59,639
Median Earnings
$1,244
Median Rent
$387,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Cincinnati, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Conditioned industrial facility with office space, service areas, and secured outdoor storage.
Where is this flex space located?
The property is located at 126 Wilmer Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 0.984‑acre fenced service lot with secured gravel yard and outside storage; 5,114 SF property size with a 750 SF mezzanine; 14' clear height and (4) 14' bay doors
