Professional Office Suite with
For Sale
Contact for pricing
204 S High Street, Mount Orab, OH 45154
Office suite includes four separate offices, a conference room, and a break room, plus a dedicated client and employee parking lot.
Property Size1,522 SF
Days on Market155
Property Features for 204 S High Street
General Information
Standard status
Active
Size
1,522 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$2,021
Amenities
conference room
break room
Building Details
Building Size
1,522 SF
Year Built
1915
Listing Agency:
Ragan McKinney Real Estate
Listed By:
Ragan R McKinney · License #0000160440
(937) 444-7355
Source:
Raganmckinney
Added: May 28
Changed: Oct 28
Last Checked: Oct 26 at 4:47PM
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 Ragan McKinney Real Estate
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Investment Insights
Based on property information with market context.
This professional office suite offers a functional layout with four separate office areas, a conference room, and a break room. The space is designed to support everyday office operations with multiple work areas and dedicated meeting space.
The property is located in the center of Mt. Orab and is described as offering visibility and convenience. A dedicated parking lot is provided for both clients and employees.
Per the listing, the tenant pays all utilities. The building is agent-owned.
The property is located in the center of Mt. Orab and is described as offering visibility and convenience. A dedicated parking lot is provided for both clients and employees.
Per the listing, the tenant pays all utilities. The building is agent-owned.
Key Highlights
- Professional office space for lease in Mt. Orab with dedicated parking for clients and employees
- Includes 4 separate office areas plus a conference room and a break room
- Tenant pays all utilities; rent is $2,000/month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,316
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,320
$366.3K
Cap Rate 7%
$261,657
$261.7K
Cap Rate 9%
$203,511
$203.5K
Market Conditions
NOI Build-Up for 1,522 SF
Gross rent
$32.7K $21.48/SF
− Vacancy
−$8.3K −$5.43/SF
EGI
$24.4K $16.05/SF
− OpEx
−$6.1K −$4.01/SF
NOI
$18.3K $12.03/SF
Area
Brown County, OH
Vacancy
25.30%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,320
Cap Rate 7%
$261,657
Cap Rate 9%
$203,511
Alternative Uses
Best Use
Office B
$261.7K
$229.0K – $305.3K
NOI $18,316 @ 7.0% cap · market cap 1,831,600.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.9K
$263.3K – $351.1K
NOI $21,065 @ 7.0% cap · market cap 2,106,500.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 45154, OH
9,439
Population
3,569
Households
2.6
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
65.5 sq mi
ZIP Area
144
Density / Sq Mi
$77,345
Median Household Income
$40,711
Median Earnings
$859
Median Rent
$185,100
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite includes four separate offices, a conference room, and a break room, plus a dedicated client and employee parking lot.
Where is this office unit located?
The property is located at 204 S High Street Mount Orab, OH.
What are key features of this property?
This property features: Professional office space for lease in Mt. Orab with dedicated parking for clients and employees; Includes 4 separate office areas plus a conference room and a break room; Tenant pays all utilities; rent is $2,000/month
