Flex Space with Drive-In
2456 Millville Oxford Road, Hamilton, OH 45013
For Sale
$1,599,000
Commercial Sale, Hanover Twp, OH
Property Size10,332 SF
Lot Size3.16 Acres
Price / SF$154.76
Days on Market88
Property Features for 2456 Millville Oxford Road
General Information
Property type
Property subtype
Parking features
Security features
Interior features
Exterior features
Fencing
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Building Details
Year built
Flooring type
Building materials
Roof type
Additional Structures
Listing Agency:
Bowling & Kugler Realty
Listed By:
Robert Kugler · License OH #0000311652
(513) 844-8405
Added: Aug 16
Changed: Oct 14
Last Checked: Nov 11 at 1:06PM
MLS# 1891487
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1999, this 10,332-square-foot flex property combines showroom and warehouse areas on a 3.16-acre parcel. The building includes three drive-in doors, a walk-in cooler, three bathrooms, display windows, and concrete flooring. An unfinished second level provides additional office or storage area. Block and concrete construction, a shingle roof, forced-air heating, and natural gas service complete the building improvements.
The property also features fenced areas, outside storage, irrigation, security lighting, and garage parking. Its configuration supports a range of commercial space requirements within one building, with the existing showroom, warehouse, and unfinished upper-level area providing distinct functional zones.
The property also features fenced areas, outside storage, irrigation, security lighting, and garage parking. Its configuration supports a range of commercial space requirements within one building, with the existing showroom, warehouse, and unfinished upper-level area providing distinct functional zones.
Key Highlights
- 10,332‑square‑foot flex building on 3.16 acres
- Three drive‑in doors serving the showroom and warehouse configuration
- Walk‑in cooler and three bathrooms included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,913
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,260
$1.6M
Cap Rate 7%
$1,127,329
$1.1M
Cap Rate 9%
$876,811
$876.8K
Market Conditions
NOI Build-Up for 10,332 SF
Gross rent
$99.2K $9.60/SF
− Vacancy
−$6.3K −$0.61/SF
EGI
$92.8K $8.99/SF
− OpEx
−$13.9K −$1.35/SF
NOI
$78.9K $7.64/SF
Area
Butler County, OH
Vacancy
6.40%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,260
Cap Rate 7%
$1,127,329
Cap Rate 9%
$876,811
Alternative Uses
Best Use
Warehouse
$1.13M
$986.4K – $1.32M
NOI $78,913 @ 7.0% cap · market cap 4.94%
Second Best
Industrial
$928.4K
$812.3K – $1.08M
NOI $64,987 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M
NOI $142,999 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45013, OH
53,911
Population
21,734
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
117.7 sq mi
ZIP Area
458
Density / Sq Mi
$72,932
Median Household Income
$40,730
Median Earnings
$967
Median Rent
$217,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Butler County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Showroom and warehouse configuration with cooling, office-storage potential, fenced exterior area, and on-site garage parking.
Where is this flex space located?
The property is located at 2456 Millville Oxford Road Hamilton, OH.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 10,332‑square‑foot flex building on 3.16 acres; Three drive‑in doors serving the showroom and warehouse configuration; Walk‑in cooler and three bathrooms included
