Storefront Property with Retail
For Sale
$250,000
2600 Reading Rd, Cincinnati, OH 45206
Compact commercial space offers visibility from Reading Rd for retail-oriented operations.
Property Size954 SF
Price / SF$262.05
Days on Market33
Property Features for 2600 Reading Rd
General Information
Standard status
Active
Size
954 SF
Listing Agency:
Epique Inc.
3820794
Listed By:
Christopher Swain
Source:
Lovdalgroup
Added: Jul 29
Changed: Aug 29
Last Checked: Aug 30 at 8:21PM
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 Epique Inc.
Investment Insights
Based on property information with market context.
Located at 2600 Reading Rd in Cincinnati, this storefront property provides 954 square feet in a compact commercial format. The space is positioned for small-scale retail, service boutique, coffee, and quick-serve concepts, with the property’s commercial designation and zoning supporting flexible retail use.
Visibility from Reading Rd traffic connects the property with nearby local commercial nodes. The storefront may also support prominent unit signage, subject to municipal sign code requirements. Its limited footprint provides a focused setting for operators seeking a smaller retail or service location.
Visibility from Reading Rd traffic connects the property with nearby local commercial nodes. The storefront may also support prominent unit signage, subject to municipal sign code requirements. Its limited footprint provides a focused setting for operators seeking a smaller retail or service location.
Key Highlights
- 954 sq ft compact storefront property
- Commercial designation and zoning support flexible retail use
- Visibility from Reading Rd traffic
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,999
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$219,980
$220.0K
Cap Rate 7%
$157,129
$157.1K
Cap Rate 9%
$122,211
$122.2K
Market Conditions
NOI Build-Up for 954 SF
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.
Gross rent
$17.2K $18.00/SF
− Vacancy
−$1.5K −$1.53/SF
EGI
$15.7K $16.47/SF
− OpEx
−$4.7K −$4.94/SF
NOI
$11.0K $11.53/SF
Area
Cincinnati, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$219,980
Cap Rate 7%
$157,129
Cap Rate 9%
$122,211
Alternative Uses
Best Use
Retail
$157.1K
$137.5K – $183.3K
NOI $10,999 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$189.6K
$165.9K – $221.3K
NOI $13,275 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,165
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in Cincinnati, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Compact commercial space offers visibility from Reading Rd for retail-oriented operations.
Where is this storefront property located?
The property is located at 2600 Reading Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 954 sq ft compact storefront property; Commercial designation and zoning support flexible retail use; Visibility from Reading Rd traffic
