Flex Retail/Warehouse
2373 Kemper Lane Cincinnati, OH 45206
2373 Kemper Lane, Cincinnati, OH, 45206
Contact for pricing
For Sale
Contact for pricing
Flex office and workshop layout in a free-span building with 1/4-acre parking and three-phase power.
Property Size5,700 SF
Lot Size0.25 Acres
Price / SF$138.60
Days on Market111
Property Features for 2373 Kemper Lane
General Information
- Standard status
- Active
- Size
- 5,700 SF
- Lot size
- 0.25 Acres
- Property subtype
- Land
Building Details
- Year Built
- 1975
Listing agency
Sibcy Cline
(513) 378-5801
Listed by
Nat Comisar · License #OH SAL.2006000748
Source
Crexi
Added: Apr 2 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 9:40AM
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 Sibcy Cline
Investment Insights
Based on property information with market context.
This 5,700 sf retail/warehouse building is currently configured as office and workshop space, with three bathrooms plus a shower. The building is free span, giving flexibility to reconfigure the interior to fit a range of light industrial, service, or storage needs. Key building systems and major components were updated in 2009, including three HVAC units and the roof. The property also includes 3-phase electric, supporting a wide range of operational requirements.
The site includes a 1/4-acre parking lot, providing on-site parking for customers, employees, or service activity. The property is located in the heart of Walnut Hills, within Cincinnati, OH 45206.
The current office-and-workshop configuration can accommodate established service uses such as a framing shop, while the free-span layout and three-phase power make the building practical for tenants looking to adapt the space. With multiple restrooms and on-site parking, the property supports day-to-day operations for small teams and customer-facing workflows.
The site includes a 1/4-acre parking lot, providing on-site parking for customers, employees, or service activity. The property is located in the heart of Walnut Hills, within Cincinnati, OH 45206.
The current office-and-workshop configuration can accommodate established service uses such as a framing shop, while the free-span layout and three-phase power make the building practical for tenants looking to adapt the space. With multiple restrooms and on-site parking, the property supports day-to-day operations for small teams and customer-facing workflows.
Key Highlights
- 5,700 SF free‑span retail/warehouse building, currently configured as office & workshop
- 1/4‑acre parking lot on site
- 3‑phase electric service
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 | $117.6k | $20.64 |
| − Vacancy | −$26.9k | −$4.73 |
| EGI | $90.7k | $15.91 |
| − OpEx | −$22.7k | −$3.98 |
| NOI | $68.0k | $11.94 |
5,700 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$971.9K
$850.4K – $1.13M
NOI $68,030 @ 7.0% cap · market cap 8.61%
Second Best
Flex RnD
$708.8K
$620.2K – $827.0K
NOI $49,617 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$1.13M
$991.5K – $1.32M
NOI $79,316 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex office and workshop layout in a free-span building with 1/4-acre parking and three-phase power.
Where is this flex space located?
The property is located at 2373 Kemper Lane Cincinnati, OH.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 5,700 SF free‑span retail/warehouse building, currently configured as office & workshop; 1/4‑acre parking lot on site; 3‑phase electric service
