Corner Retail
1535 Madison Rd, Cincinnati, OH 45206
For Sale
Contact for pricing
Retail storefront situated on a corner location at Woodburn & Madison.
Property Size3,291 SF
Price / SF$1.00
Days on Market107
Property Features for 1535 Madison Rd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Cincinnati
Listed By:
Joshua Rothstein
(513) 562-2264
Source:
Colliers
Added: Jul 24
Changed: Oct 25
Last Checked: Nov 6 at 5:45AM
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 Cincinnati
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Investment Insights
Based on property information with market context.
This retail storefront offers a corner configuration, ideal for tenants seeking strong street-level presence on a prominent intersection. The property is offered for sale as part of a commercial real estate offering in Cincinnati.
The address is 1535 Madison Rd, Cincinnati, OH 45206, with frontage on Madison Rd and the Woodburn & Madison corner. The listing notes the site as a “premier corner,” which may support visibility and convenient customer access from both directions.
As presented, the property is positioned within the retail property & spaces category and is available for purchase. Interested parties should review the offering details to confirm suitability for their specific use and operating requirements.
The address is 1535 Madison Rd, Cincinnati, OH 45206, with frontage on Madison Rd and the Woodburn & Madison corner. The listing notes the site as a “premier corner,” which may support visibility and convenient customer access from both directions.
As presented, the property is positioned within the retail property & spaces category and is available for purchase. Interested parties should review the offering details to confirm suitability for their specific use and operating requirements.
Key Highlights
- Retail storefront located on the corner of Woodburn & Madison
- Corner location on Woodburn & Madison
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,942
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,840
$758.8K
Cap Rate 7%
$542,029
$542.0K
Cap Rate 9%
$421,578
$421.6K
Market Conditions
NOI Build-Up for 3,291 SF
Gross rent
$59.2K $18.00/SF
− Vacancy
−$5.0K −$1.53/SF
EGI
$54.2K $16.47/SF
− OpEx
−$16.3K −$4.94/SF
NOI
$37.9K $11.53/SF
Area
Cincinnati, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,840
Cap Rate 7%
$542,029
Cap Rate 9%
$421,578
Alternative Uses
Best Use
Retail
$542.0K
$474.3K – $632.4K
NOI $37,942 @ 7.0% cap · market cap 1,152.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$654.2K
$572.4K – $763.2K
NOI $45,794 @ 7.0% cap · market cap 1,391.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 20%
McDonald's
Dining
20,312 visits/mo
0.4 miles
Skyline Chili
Dining
6,142 visits/mo
0.4 miles
H&R Block
Shops & Services
2,484 visits/mo
0.1 miles
Marathon
Shops & Services
2,369 visits/mo
0.5 miles
Fifth Third Bank & ATM
Shops & Services
1,835 visits/mo
0.5 miles
Demographics for 45206, OH
10,670
Population
7,191
Households
1.5
Avg Household Size
37
Median Age
49%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
5,335
Density / Sq Mi
$51,128
Median Household Income
$44,936
Median Earnings
$849
Median Rent
$269,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Cincinnati, OH
Properties on Market for Storefront properties in Cincinnati
Vacancy Rate% for Retail in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront situated on a corner location at Woodburn & Madison.
Where is this storefront property located?
The property is located at 1535 Madison Rd Cincinnati, OH.
What are key features of this property?
This property features: Retail storefront located on the corner of Woodburn & Madison; Corner location on Woodburn & Madison
