Office Building with Presentation
New
For Sale
$3,875,000
2101 Florence Avenue, Cincinnati, OH 45206
Class A office space includes a dedicated first-floor venue for presentations, training, and group meetings.
Property Size20,850 SF
Price / SF$185.85
Days on Market1
Property Features for 2101 Florence Avenue
General Information
Standard status
Active
Size
20,850 SF
Class
Class A
Property subtype
Office
Listing Agency:
CBRE - Cincinnati
Listed By:
John Eckert · License #0000367777
(513) 369-1321
Source:
Cbre
Added: Oct 19
Last Checked: Oct 19 at 2:18PM
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 CBRE - Cincinnati
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Investment Insights
Based on property information with market context.
This 20,850-square-foot office building features Class A construction and a first-floor media and presentation center. Tiered seating accommodates approximately 70 people, providing an on-site setting for seminars, employee training, and company meetings.
The property offers interstate visibility and regional access. Its office configuration and dedicated presentation space support a range of business functions within the building.
The property offers interstate visibility and regional access. Its office configuration and dedicated presentation space support a range of business functions within the building.
Key Highlights
- 20,850‑square‑foot Class A office building
- First‑floor media and presentation center with tiered seating for approximately 70
- Interstate visibility and regional access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$248,846
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,976,920
$5.0M
Cap Rate 7%
$3,554,943
$3.6M
Cap Rate 9%
$2,764,956
$2.8M
Market Conditions
NOI Build-Up for 20,850 SF
Gross rent
$430.3K $20.64/SF
− Vacancy
−$98.5K −$4.73/SF
EGI
$331.8K $15.91/SF
− OpEx
−$82.9K −$3.98/SF
NOI
$248.8K $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%
$4,976,920
Cap Rate 7%
$3,554,943
Cap Rate 9%
$2,764,956
Alternative Uses
Best Use
Office B
$3.55M
$3.11M – $4.15M
NOI $248,846 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.14M
$3.63M – $4.84M
NOI $290,128 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,358
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Office building - Class A office space includes a dedicated first-floor venue for presentations, training, and group meetings.
Where is this office building located?
The property is located at 2101 Florence Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $3,875,000.
What are key features of this property?
This property features: 20,850‑square‑foot Class A office building; First‑floor media and presentation center with tiered seating for approximately 70; Interstate visibility and regional access
