Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Office Condo in Trenton Title is generated by Realmo AI

    304 Edgewood Drive, Trenton, OH 45067

    View on Map
    Claim this Listing
    For Sale
    $475,000

    SINGLE_FAMILY - Trenton, OH

    Type:Office
    Property size:
    3,206 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $148/SF
    Added:
    Jan 12, 2026
    Days on Market:
    125
    Last Refresh:
    May 17 at 9:06 pm

    Property Features for 304 Edgewood Drive

    General Information

    Property type
    Residential
    Property subtype
    Office
    Security features
    Security Lighting
    Interior features
    Security Light, Smoke Detector, Alarm System
    Exterior features
    Sidewalks, Curb/Gutter, Lights
    Standard status
    Active
    APN
    R8000-031-000-025
    Size
    3,206 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    1987
    Flooring type
    Vinyl
    Building materials
    Brick, Vinyl Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Christopher Parker
    Christopher Parker

    Listing agent Christopher Parker

    Listing office RE/MAX Preferred Group 9032 Union Centre Blvd Ste 100, West Chester, OH

    Listing date Jan 12, 2026

    MLS# 1865849

    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.

    HighLights

    • 3,206 sqft renovated office condo in Trenton's heart
    • Originally built as a medical office with 9 exam rooms/small offices
    • Includes 3 larger staff offices and 2 conference rooms
    • Second level with 15 individual work stations
    • Tenant occupied until 9/1/26
    • Security features: security light, smoke detector, alarm system

    Overview

    This 3,206 square foot renovated office condo is available for sale. Originally built as a medical office, the property features 9 exam rooms or small offices, 3 larger staff offices, and 2 conference rooms, one of which includes a large closet for storage or files. There are also 2 common break areas, 2 bathrooms, and a second level currently configured with 15 individual work stations. The property is located in the heart of Trenton. The property is tenant occupied until September 1, 2026.

    Financial Insights

    Value Estimation Calculated for Healthcare Medical

    Conservative
    $420.1K
    NOI $37,807 @ 9.00% cap · cautious / downside scenario
    Moderate
    $540.1K
    NOI $37,807 @ 7.00% cap · market / base-case scenario
    Aggressive
    $756.1K
    NOI $37,807 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Healthcare Medical

    Component $ $/SF
    Gross rent $70.4k $21.96
    − Vacancy −$7.4k −$2.31
    EGI $63.0k $19.65
    − OpEx −$25.2k −$7.86
    NOI $37.8k $11.79
    3,206 SF · lease $21.96/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Use Scenarios

    Best Use
    Healthcare Medical
    $540.1K
    $472.6K – $630.1K (±1% cap)
    NOI $37,807 @ 7.0% cap · market cap 7.96%
    Second Best
    Office B
    $521.6K
    $456.4K – $608.5K (±1% cap)
    NOI $36,512 @ 7.0% cap · market cap 7.69%
    Theoretical Best
    Office A
    $633.9K
    $554.7K – $739.5K (±1% cap)
    NOI $44,372 @ 7.0% cap · market cap 9.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Merkle Team RE/MAX ... Real Estate Agency AnnMarie Pressler - Realtor Real Estate Agency RE/MAX Incompass Real Estate Agency The Spears Team - Re/MAX ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Butler
    State
    Ohio
    Longitude
    -84.471272
    Latitude
    39.47772

    Nearby Similar for Sale

    • $595,000

      Retail Property in Trenton, OH

      Retail property available for sale in Trenton, Ohio.
      4 E State St, Trenton, OH
      View Details
    • $4,400,000

      Industrial Property with Cranes, Docks

      Industrial complex featuring multiple buildings, cranes, docks, and drive-ins.
      400 E State St | Trenton, OH 45067, OH 45067
      View Details
    • $4,400,000
      114,744 SF

      Trenton, OH Warehouse For Sale

      114,744 SF warehouse/industrial property available for purchase.
      400 E State St, Trenton, OH 45067
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 3,206 sqft renovated office condo for sale or lease.
    Where is this medical office space located?
    The property is located at 304 Edgewood Drive Trenton, OH.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 3,206 sqft renovated office condo in Trenton's heart; Originally built as a medical office with 9 exam rooms/small offices; Includes 3 larger staff offices and 2 conference rooms
    (513) 533-4111
    We can help!
    Listing Contact
    Christopher Parker
    Christopher Parker
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    304 Edgewood Drive, Trenton, OH 45067
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!