Remodeled Flex
New
For Sale
$449,000
3959 Fulton Grove Rd., Cincinnati, OH 45245
Remodeled flex property combines office space with a lower-level warehouse and road-visible signage.
Property Size7,200 SF
Price / SF$62.36
Days on Market4
Property Features for 3959 Fulton Grove Rd.
General Information
Standard status
Active
Size
7,200 SF
Class
C
Total Parking Spaces
15
Property subtype
Flex Building- Office/Warehouse
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
4,700 SF
Office Build-Out
2,500 SF
Building Details
Building Size
7,200 SF
Year Built
1958
Buildings
1
Listing Agency:
J.A. Trautmann Realty, Inc., W
(513) 315-7351
Listed By:
Tim Trautmann · License #OH #2007004222
(513) 315-7351
Source:
Jatrealtors
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 4 at 4:19AM
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 J.A. Trautmann Realty, Inc., W
Investment Insights
Based on property information with market context.
This flex property, originally built in 1958, provides 2,500 square feet of office area and a 4,700-square-foot warehouse on the lower level. The building has been remodeled and includes an overhead door, on-site parking for 15 vehicles, and signage that can be seen from the road. A flooring company leases the lower level, providing an existing occupancy component within the building.
The property is located in Cincinnati near the SR 125 and Ohio Pike corridor, approximately 200 feet from a four-way intersection. The roadway carries 45,000 ADT, while I-275 is about 1 mile away. Its position near the intersection and interstate supports convenient access for office, warehouse, and service-oriented operations.
The property is located in Cincinnati near the SR 125 and Ohio Pike corridor, approximately 200 feet from a four-way intersection. The roadway carries 45,000 ADT, while I-275 is about 1 mile away. Its position near the intersection and interstate supports convenient access for office, warehouse, and service-oriented operations.
Key Highlights
- 2,500 SF of office space paired with a 4,700 SF lower‑level warehouse
- Remodeled flex building originally constructed in 1958
- Overhead door and on‑site parking for 15 vehicles
Financial Insights For Industrial
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 | $53.6k | $7.44 |
| − Vacancy | −$3.2k | −$0.45 |
| EGI | $50.4k | $6.99 |
| − OpEx | −$15.1k | −$2.10 |
| NOI | $35.2k | $4.90 |
7,200 SF · lease $7.44/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.07M – $1.43M
NOI $85,933 @ 7.0% cap · market cap 19.14%
Second Best
Flex RnD
$895.4K
$783.4K – $1.04M
NOI $62,675 @ 7.0% cap · market cap 13.96%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,188 @ 7.0% cap · market cap 22.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45245, OH
20,249
Population
8,897
Households
2.3
Avg Household Size
43
Median Age
30%
College-Educated
92%
High-School Grad
15.8 sq mi
ZIP Area
1,282
Density / Sq Mi
$73,135
Median Household Income
$48,351
Median Earnings
$1,123
Median Rent
$259,500
Median Home Value
Market
Vacancy Rate% for Office in Cincinnati, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Remodeled flex property combines office space with a lower-level warehouse and road-visible signage.
Where is this flex space located?
The property is located at 3959 Fulton Grove Rd. Cincinnati, OH.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2,500 SF of office space paired with a 4,700 SF lower‑level warehouse; Remodeled flex building originally constructed in 1958; Overhead door and on‑site parking for 15 vehicles
