Prime Office Location on
For Sale
Contact for pricing
2010 Madison Road, Cincinnati, OH 45208
Accessible office space with high visibility and convenient parking.
Property Size7,818 SF
Price / SF$1.54
Days on Market166
Property Features for 2010 Madison Road
General Information
Standard status
Active
Size
7,818 SF
Property subtype
Office
Lease Term
MG
Site & Location
Neighborhood
Hyde Park
Building Details
Building Size
7,818 SF
Year Built
1986
Properties For Sale
at 2010 Madison Road
Suite 204
Size
745 SF
Term
Negotiable
Listing Agency:
Lee & Associates | Cincinnati
Listed By:
Stewart Devitt · License #SAL.0000351035
(513) 588-1115
Source:
Lee-associates
Added: May 17
Changed: Oct 28
Last Checked: Oct 28 at 7:15AM
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 Lee & Associates | Cincinnati
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office space is located on Madison Road, which sees 18,758 vehicles per day, offering high visibility and building signage opportunities. Metered on-street parking is available, and an additional off-street parking lot is available for a fee. The location provides easy access to I-71 and Norwood Lateral S.R. 562, facilitating connectivity for employees and clients. The property is situated in a highly walkable area, enhancing its functionality as a workspace. This location is designed to meet the needs of growing businesses.
Key Highlights
- High Visibility Location on Madison Road (18,758 VPD)
- Easy Access to I‑71 and Norwood Lateral S.R. 562
- Available Building Signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,892
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,840
$177.8K
Cap Rate 7%
$127,029
$127.0K
Cap Rate 9%
$98,800
$98.8K
Market Conditions
NOI Build-Up for 745 SF
Gross rent
$15.4K $20.64/SF
− Vacancy
−$3.5K −$4.73/SF
EGI
$11.9K $15.91/SF
− OpEx
−$3.0K −$3.98/SF
NOI
$8.9K $11.94/SF
Area
Cincinnati, OH
Vacancy
22.90%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,840
Cap Rate 7%
$127,029
Cap Rate 9%
$98,800
Alternative Uses
Best Use
Office B
$127.0K
$111.2K – $148.2K
NOI $8,892 @ 7.0% cap · market cap 774.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$148.1K
$129.6K – $172.8K
NOI $10,367 @ 7.0% cap · market cap 903.05%
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
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 45208, OH
18,969
Population
8,928
Households
2.1
Avg Household Size
37
Median Age
83%
College-Educated
99%
High-School Grad
4.3 sq mi
ZIP Area
4,411
Density / Sq Mi
$133,213
Median Household Income
$76,143
Median Earnings
$1,315
Median Rent
$491,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Office unit - Accessible office space with high visibility and convenient parking.
Where is this office unit located?
The property is located at 2010 Madison Road Cincinnati, OH.
What are key features of this property?
This property features: High Visibility Location on Madison Road (18,758 VPD); Easy Access to I‑71 and Norwood Lateral S.R. 562; Available Building Signage
