Building Details

Year built 1890

Flooring type Vinyl

Building materials Aluminum Siding

Roof type Shingle

Listing Agency: Real of Ohio o***@therealbrokerage.com Show Phone

Listed By: Matthew Zimerman Show Phone

Added: Jul 31 Changed: Sep 30 Last Checked: Oct 28 at 1:06AM

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MLS# 1888930

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.

This mixed-use property contains 2,182 square feet across two levels. The first floor is configured as a salon with existing improvements, front and rear access, and vinyl flooring. The upper level provides a one-bedroom, one-bath living unit with refreshed flooring, paint, and a renovated bathroom. Commercial zoning supports the current combination of business and residential functions, while the layout also allows the spaces to be occupied or leased separately.

A substantial off-street parking area serves the property. The building dates to 1890 and features aluminum siding, a shingle roof, forced-air heating, and updated interior finishes on both levels. Located in Deer Park, Ohio, the property occupies 0.164 acres on Webster Avenue.

Key Highlights

• 2,182‑square‑foot mixed‑use property on 0.164 acres
• First‑floor salon build‑out with front and rear access
• Upper‑level 1 bed, 1 bath living unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,537

Cap Rate

8.25%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$410,740 $410.7K

Cap Rate 7%

$293,386 $293.4K

Cap Rate 9%

$228,189 $228.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,182 SF

Gross rent

$36.7K $16.80/SF

− Vacancy

−$9.3K −$4.25/SF

EGI

$27.4K $12.55/SF

− OpEx

−$6.8K −$3.14/SF

NOI

$20.5K $9.41/SF

Area

Hamilton County, OH

Vacancy

25.30%

Lease Rate

$16.80 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$410,740

Cap Rate 7%

$293,386

Cap Rate 9%

$228,189

Alternative Uses

Best Use

Mixed Use

$362.5K

$317.2K – $422.9K (±1% cap)

NOI $25,372 @ 7.0% cap · market cap 10.19%

Second Best

Retail

$335.1K

$293.2K – $391.0K (±1% cap)

NOI $23,457 @ 7.0% cap · market cap 9.42%

Theoretical Best

Office A

$391.2K

$342.3K – $456.4K (±1% cap)

NOI $27,383 @ 7.0% cap · market cap 11.00%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

528

Businesses Nearby

Explore this area Business Placement

Demographics for 45236, OH

24,223

Population

12,385

Households

2

Avg Household Size

41

Median Age

51%

College-Educated

95%

High-School Grad

6.9 sq mi

ZIP Area

3,511

Density / Sq Mi

$81,990

Median Household Income

$49,188

Median Earnings

$1,155

Median Rent

$218,900

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - Two-level layout combines a built-out salon with an updated one-bedroom living unit.

Where is this mixed-use property located?

The property is located at 4110 Webster Avenue Deer Park, OH.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: 2,182‑square‑foot mixed‑use property on 0.164 acres; First‑floor salon build‑out with front and rear access; Upper‑level 1 bed, 1 bath living unit