Office Building with Flexible
1379 Woodman Drive, Riverside, OH 45432
For Sale
$189,000
Commercial Sale, Riverside, OH
Property Size1,500 SF
Lot Size0.33 Acres
Price / SF$126
Days on Market48
Property Features for 1379 Woodman Drive
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Utilities
Heating system
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Monika Deroussel · License #BRKA.2019000471
(866) 212-4991
Added: Sep 21
Changed: Oct 29
Last Checked: Nov 7 at 11:06PM
MLS# 1894318
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.
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Investment Insights
Based on property information with market context.
This 1,500-square-foot commercial building offers a practical layout for office, medical, or retail use. The interior includes a large central room, two private offices, a gathering area, kitchenette, and two bathrooms. Brick and vinyl siding define the exterior, while concrete and carpet flooring provide varied interior finishes. The property was built in 1975 and is heated by natural gas.
Set on 0.3295 acres at 1379 Woodman Drive in Riverside, Ohio, the property is positioned on a highly traveled street. Its physical configuration combines open space with private rooms and support areas, giving occupants several functional zones within a compact commercial footprint.
Set on 0.3295 acres at 1379 Woodman Drive in Riverside, Ohio, the property is positioned on a highly traveled street. Its physical configuration combines open space with private rooms and support areas, giving occupants several functional zones within a compact commercial footprint.
Key Highlights
- 1,500 SF interior with a large main room, two offices, gathering area, kitchenette, and two bathrooms
- Configured for office, medical, or retail use
- 0.3295‑acre site at 1379 Woodman Drive, Riverside, OH 45432
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,152
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,040
$283.0K
Cap Rate 7%
$202,171
$202.2K
Cap Rate 9%
$157,244
$157.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$21.6K $14.40/SF
− Vacancy
−$1.4K −$0.92/SF
EGI
$20.2K $13.48/SF
− OpEx
−$6.1K −$4.04/SF
NOI
$14.2K $9.43/SF
Area
Greene County, OH
Vacancy
6.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,040
Cap Rate 7%
$202,171
Cap Rate 9%
$157,244
Alternative Uses
Best Use
Office B
$282.0K
$246.8K – $329.1K
NOI $19,743 @ 7.0% cap · market cap 10.45%
Second Best
Retail
$202.2K
$176.9K – $235.9K
NOI $14,152 @ 7.0% cap · market cap 7.49%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
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Business Placement
Demographics for 45432, OH
15,105
Population
6,715
Households
2.2
Avg Household Size
40
Median Age
36%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
2,127
Density / Sq Mi
$83,323
Median Household Income
$47,428
Median Earnings
$871
Median Rent
$181,900
Median Home Value
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Market
Properties on Market for Office buildings in Greene County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Interior arrangement supports office, medical, or retail operations with dedicated workrooms and customer-facing space.
Where is this office building located?
The property is located at 1379 Woodman Drive Riverside, OH.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 1,500 SF interior with a large main room, two offices, gathering area, kitchenette, and two bathrooms; Configured for office, medical, or retail use; 0.3295‑acre site at 1379 Woodman Drive, Riverside, OH 45432
