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Office Spaces on High-Vis Corner
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4242 Airport Rd, Cincinnati, OH 45226

Small office spaces available for lease with utilities included.

Property Size500 SF
Lot Size0.23 Acres
Days on Market378

Property Features for 4242 Airport Rd

General Information

Standard status Active
Size 500 SF
Lot size 0.23 Acres

Site & Location

Neighborhood East End
Listing Agency: eXp Realty
Listed By: Nicholas Motz · License #2005008725
Source: Exprealty
Added: Oct 14, 2025 Changed: Oct 25 Last Checked: Jul 18 at 5:23PM

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 eXp Realty

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Investment Insights

Based on property information with market context.

Office spaces are available for lease, suitable for small businesses. Located on the corner of Airport Road and Wilmer Avenue, the property offers various options ranging from 100 square feet small offices to 500 square feet suites. The property is ADA accessible and includes multiple bathrooms and plentiful parking. Utilities are included in the flat, all-inclusive rate of $17 per square foot, with flexible terms to fit specific needs. Maildrop services are available.

Key Highlights

  • High‑visibility corner location on Airport/Wilmer.
  • All‑inclusive flat rates at $17/SF.
  • Various options available, ranging from 100SF small offices to 500SF suites.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,968
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,360 $119.4K
Cap Rate 7%
$85,257 $85.3K
Cap Rate 9%
$66,311 $66.3K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$10.3K $20.64/SF
− Vacancy
−$2.4K −$4.73/SF
EGI
$8.0K $15.91/SF
− OpEx
−$2.0K −$3.98/SF
NOI
$6.0K $11.94/SF
Area
Cincinnati, OH
Vacancy
22.90%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,360
Cap Rate 7%
$85,257
Cap Rate 9%
$66,311

Alternative Uses

Best Use
Office B
$85.3K
$74.6K – $99.5K (±1% cap)
NOI $5,968 @ 7.0% cap · market cap 596,800.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$99.4K
$87.0K – $116.0K (±1% cap)
NOI $6,958 @ 7.0% cap · market cap 695,800.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Osmic Enterprises Inc Production Facility (W)Holistic Approach to Living-Medical ... Alternative Medicine Practice ELM Mental Wellness Crisis Center Lunken Executive Building Real Estate Agency SNA Electric Engineer

Suggested Use

Top Pick Pharmacy Electrical Service Hair Salon HVAC Service Garden Center Nail Salon

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

360
Businesses Nearby

Demographics for 45226, OH

5,687
Population
3,272
Households
1.7
Avg Household Size
36
Median Age
73%
College-Educated
98%
High-School Grad
5.7 sq mi
ZIP Area
998
Density / Sq Mi
$100,320
Median Household Income
$59,639
Median Earnings
$1,244
Median Rent
$387,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Cincinnati, OH

18% 2019
19.1% 2020
21.4% 2021
23.3% 2022
25.4% 2023
26.1% 2024
25.4% 2025

Frequently Asked Questions

What type of property is this?
Serviced office - Small office spaces available for lease with utilities included.
Where is this serviced office located?
The property is located at 4242 Airport Rd Cincinnati, OH.
What are key features of this property?
This property features: High‑visibility corner location on Airport/Wilmer.; All‑inclusive flat rates at $17/SF.; Various options available, ranging from 100SF small offices to 500SF suites.
More about this property
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