Corner Commercial Office
For Sale
Contact for pricing
3770 Reading Road, Cincinnati, OH 45229
For-sale commercial building with a large parking lot and corner placement on a high-traffic corridor.
Property Size2,736 SF
Lot Size0.50 Acres
Price / SF$182.75
Days on Market50
Property Features for 3770 Reading Road
General Information
Standard status
Active
Size
2,736 SF
Lot size
0.50 Acres
Property subtype
Retail, Office
Building Details
Year Built
1960
Listing Agency:
Robert Louis Group
Listed By:
David Hornberger · License #OH 2013000574
Source:
Crexi
Added: Jun 17
Changed: Jul 10
Last Checked: Aug 4 at 10:31AM
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 Robert Louis Group
Investment Insights
Based on property information with market context.
This for-sale commercial building offers office space and multiple use possibilities, including configurations marketed as suited for a small business, daycare, or medical office. The property includes a large parking lot and sits on a sizable parcel, giving it a straightforward, customer-accessible setup.
The building is positioned on a major corner in the heart of the city on Reading Road, with a high traffic count and prominent road visibility. The corner location and parking area support convenient arrival and easy navigation for employees, families, patients, and visitors.
From a tenant and operator standpoint, the site’s combination of office space, parking, and corridor exposure can fit businesses that rely on consistent day-to-day access. The current offering also notes the option to discuss zoning changes with the city if a retail use is desired, and it highlights demand for service-based businesses such as restaurants and coffee shops along the Reading Road corridor. Interested parties should evaluate the space layout for their specific program and confirm any zoning or use requirements directly with the City of Cincinnati.
The building is positioned on a major corner in the heart of the city on Reading Road, with a high traffic count and prominent road visibility. The corner location and parking area support convenient arrival and easy navigation for employees, families, patients, and visitors.
From a tenant and operator standpoint, the site’s combination of office space, parking, and corridor exposure can fit businesses that rely on consistent day-to-day access. The current offering also notes the option to discuss zoning changes with the city if a retail use is desired, and it highlights demand for service-based businesses such as restaurants and coffee shops along the Reading Road corridor. Interested parties should evaluate the space layout for their specific program and confirm any zoning or use requirements directly with the City of Cincinnati.
Key Highlights
- Commercial building built in 1960
- Nearly half‑acre site with a large parking lot
- Located on a major corner with high traffic count
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 | $56.5k | $20.64 |
| − Vacancy | −$12.9k | −$4.73 |
| EGI | $43.5k | $15.91 |
| − OpEx | −$10.9k | −$3.98 |
| NOI | $32.7k | $11.94 |
2,736 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$466.5K
$408.2K – $544.2K
NOI $32,654 @ 7.0% cap · market cap 6.53%
Second Best
Healthcare Medical
$453.1K
$396.5K – $528.6K
NOI $31,716 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$543.9K
$475.9K – $634.5K
NOI $38,071 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45229, OH
12,540
Population
7,813
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
2.7 sq mi
ZIP Area
4,644
Density / Sq Mi
$30,829
Median Household Income
$25,772
Median Earnings
$831
Median Rent
$316,000
Median Home Value
Market
Vacancy Rate% for Office in Cincinnati, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - For-sale commercial building with a large parking lot and corner placement on a high-traffic corridor.
Where is this medical office space located?
The property is located at 3770 Reading Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Commercial building built in 1960; Nearly half‑acre site with a large parking lot; Located on a major corner with high traffic count
