Executive Office Building with Private
150 Industrial Dr Franklin, OH 45005
150 Industrial Dr, Franklin, OH, 45005
$650,000
Pending
For Sale
$650,000
Pending
Two-floor office building with 10 private offices, furniture, a mini kitchen, and an EV charging station.
Property Size2,709 SF
Lot Size1.50 Acres
Days on Market96
Property Features for 150 Industrial Dr
General Information
- Standard status
- Pending
- Size
- 2,709 SF
- Lot size
- 1.50 Acres
Listing agency
Keller Williams Pinnacle Group
(513) 277-0996
Listed by
Tracy L. Baker
Source
Exprealty
Added: Apr 17 Updated: Jul 21 at 6:10AM Checked: Jul 21 at 6:10AM
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 Keller Williams Pinnacle Group
Investment Insights
Based on property information with market context.
This executive office property features 10 private offices across two floors, totaling 5,250 square feet. The space includes furnished offices and a mini kitchen, with an EV charging station on-site to support day-to-day operations.
The property is located at 150 Industrial Dr in Franklin, Ohio, set on 1.5 acres.
Offered for sale, it presents a ready-to-operate office configuration designed around individual rooms within a controlled, professional setting.
The property is located at 150 Industrial Dr in Franklin, Ohio, set on 1.5 acres.
Offered for sale, it presents a ready-to-operate office configuration designed around individual rooms within a controlled, professional setting.
Key Highlights
- Executive commercial office building with 10 private offices across 2 floors
- Total building size of 5,250 sqft
- Set on 1.5 acres
Local Financial Insights For Office B
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 | $51.4k | $18.96 |
| − Vacancy | −$4.6k | −$1.71 |
| EGI | $46.7k | $17.25 |
| − OpEx | −$11.7k | −$4.31 |
| NOI | $35.1k | $12.94 |
2,709 SF · lease $18.96/SF/yr · vacancy 9.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$500.8K
$438.2K – $584.3K
NOI $35,055 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$605.1K
$529.5K – $706.0K
NOI $42,357 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Binary Intelligence - Computer ...
IT Consulting Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-floor office building with 10 private offices, furniture, a mini kitchen, and an EV charging station.
Where is this office building located?
The property is located at 150 Industrial Dr Franklin, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Executive commercial office building with 10 private offices across 2 floors; Total building size of 5,250 sqft; Set on 1.5 acres
