Industrial Flex Facility with Fenced
126 Wilmer Avenue Cincinnati, OH 45226
126 Wilmer Avenue, Cincinnati, OH, 45226
$1,000,000
For Sale
$1,000,000
COMMERCIAL - Cincinnati, OH
Property Size5,114 SF
Lot Size0.98 Acres
Price / SF$195.54
Days on Market74
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
- 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
300 E Business Way, Suite 200, Dublin, OH
Listed by
Nicholas Motz · License #BRKA.2005008725
(866) 212-4991
Added: May 5 Checked: Jul 17 at 6:06 am
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.
Industrial/flex facility built for heavy service work, featuring an open main shop with office space and a 750 SF mezzanine described as storage/apartment-ready. Improvements include a heavy reinforced slab, 14' clear height, (4) 14' bay doors, 3-phase power, overhead lifts, and conditioned space. The property also includes an attached RV-capable service carport and a fully fenced, secured gravel yard.
Situated at 126 Wilmer Avenue in Cincinnati, the facility is described as being in the East End/Linwood corridor with convenient access to Downtown, Mt. Lookout, and Hyde Park.
The current use is a longstanding boat fiberglass repair shop, and the facility is presented as a turnkey option for marine, automotive, truck/diesel, contractor, fabrication, or specialty trades.
Situated at 126 Wilmer Avenue in Cincinnati, the facility is described as being in the East End/Linwood corridor with convenient access to Downtown, Mt. Lookout, and Hyde Park.
The current use is a longstanding boat fiberglass repair shop, and the facility is presented as a turnkey option for marine, automotive, truck/diesel, contractor, fabrication, or specialty trades.
Key Highlights
- 5,800 SF industrial/flex facility on 1 AC fenced service lot
- 14' clear height with (4) 14' bay doors plus overhead lifts
- Reinforced concrete slab, metal roof, and block construction
Local Financial Insights For Flex RnD
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 | $73.6k | $14.40 |
| − Vacancy | −$5.2k | −$1.01 |
| EGI | $68.5k | $13.39 |
| − OpEx | −$24.0k | −$4.69 |
| NOI | $44.5k | $8.70 |
5,114 SF · lease $14.40/SF/yr · vacancy 7.00% · expense 35.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial/flex facility on a fully fenced 1-acre gravel service lot with shop, offices, 14' clear height, and four 14' doors.
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: 5,800 SF industrial/flex facility on 1 AC fenced service lot; 14' clear height with (4) 14' bay doors plus overhead lifts; Reinforced concrete slab, metal roof, and block construction
