Building Details

Year Built 1900

Buildings 1

Listing Agency: ERA REAL Solutions Realty, LLC

Listed By: Frank B Brandy Show Phone

Source: Lovdalgroup

Added: Aug 19 Changed: Oct 4 Last Checked: Oct 4 at 3:37PM

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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 ERA REAL Solutions Realty, LLC

Investment Insights

Based on property information with market context.

This medical office property at 7293 Beechmont Ave includes improvements from its former use as a physician’s office. The building has a wheelchair-accessible entrance sheltered by a covered side awning, supporting visitor access for medical or professional operations.

The property is located on Beechmont Avenue in Anderson Township, Ohio, near the Five Mile Road and Beechmont Avenue (Towne Center) intersection. Established neighboring businesses and the surrounding commercial corridor provide convenient access and visibility. The offering includes two parcels, 500-0273-0272-00 and 500-0273-0235-00, with opportunities identified for additional parking, expansion, redevelopment, or future investment.

Key Highlights

• Medical office property at 7293 Beechmont Ave, Anderson Township, OH
• Former physician’s office
• Wheelchair‑accessible entrance with covered side awning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$68,575

Cap Rate

7.62%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,371,500 $1.4M

Cap Rate 7%

$979,643 $979.6K

Cap Rate 9%

$761,944 $761.9K

Market Conditions

NOI Build-Up for 5,644 SF

Gross rent

$121.9K $21.60/SF

− Vacancy

−$12.2K −$2.16/SF

EGI

$109.7K $19.44/SF

− OpEx

−$41.1K −$7.29/SF

NOI

$68.6K $12.15/SF

Area

Cincinnati, OH

Vacancy

10.00%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,371,500

Cap Rate 7%

$979,643

Cap Rate 9%

$761,944

Alternative Uses

Best Use

Mixed Use

$979.6K

$857.2K – $1.14M (±1% cap)

NOI $68,575 @ 7.0% cap · market cap 7.62%

Second Best

Office B

$962.3K

$842.0K – $1.12M (±1% cap)

NOI $67,362 @ 7.0% cap · market cap 7.48%

Theoretical Best

Office A

$1.12M

$981.7K – $1.31M (±1% cap)

NOI $78,536 @ 7.0% cap · market cap 8.73%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Audit-Tel Telecommunications Service Inverse Technology Solutions Telecommunications Service

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Nail Salon Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,323

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 45230, OH

27,718

Population

11,987

Households

2.3

Avg Household Size

40

Median Age

54%

College-Educated

97%

High-School Grad

13.7 sq mi

ZIP Area

2,023

Density / Sq Mi

$87,100

Median Household Income

$53,900

Median Earnings

$962

Median Rent

$237,200

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Cincinnati Equine LLC — 1113 Fehl Ln, Cincinnati, OH 45230
• Cincinnati Veterinary Care — 7120 Dunn Rd, Cincinnati, OH 45230
• Petco Vaccination Clinic — 7769 Five Mile Rd, Cincinnati, OH 45230
• PetVet365 Pet Hospital Cincinnati/Anderson — 7434 Beechmont Ave, Cincinnati, OH 45255
• PetVet365 Pet Hospital Cincinnati/Anderson — beechmont ave, cincinnati, oh 45255

Frequently Asked Questions

What type of property is this?

Medical Office Space - Former physician’s office features a wheelchair-accessible entrance and covered side awning.

Where is this medical office space located?

The property is located at 7293 Beechmont Ave Anderson Twp, OH.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Medical office property at 7293 Beechmont Ave, Anderson Township, OH; Former physician’s office; Wheelchair‑accessible entrance with covered side awning