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Standalone Medical/Professional Office Opportunity

4365 Reading Road Cincinnati, OH 45229

4365 Reading Road, Cincinnati, OH, 45229
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For Sale
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1,954 SF medical/professional office building for sale.

Property Size1,954 SF
Lot Size0.62 Acres
Price / SF$304.50
AddedMay 27
Days on Market50
Last RefreshMay 27 at 8:28 am

Property Features for 4365 Reading Road

General Information

Standard status
Active
Size
1,954 SF
Lot size
0.62 Acres
Property subtype
Retail, Office

Building Details

Year Built
1996

Listing office Dwyer Commercial Real Estate

Listing date May 27, 2026

Source Crexi

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 Dwyer Commercial Real Estate


Investment Insights

Based on property information with market context.

This 1,954 square foot, one-story clinic, constructed in 1996, is a standalone medical/professional office building located on Reading Road in Cincinnati, OH. The property is situated on a 0.622-acre site and features 12-foot ceilings and a flexible layout suitable for medical, dental, therapy, or professional office uses. The asphalt parking lot provides approximately 16 on-site parking spaces. Zoned CG-A-T, the property is suitable for owner-users seeking a visible location or investors interested in a corridor with long-term appeal. The Paddock Hills location provides access to I-71 and SR-562/Norwood Lateral, and is located minutes from downtown Cincinnati. The property is surrounded by neighborhood amenities and a medical/professional presence.

Key Highlights

  • Standalone 1,954 SF medical/professional office building on 0.622‑acre site.
  • Highly visible location on Reading Road, a busy north‑south corridor.
  • Approximately 16 on‑site parking spaces, a rare amenity in an urban setting.

Local 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 $40.3k $20.64
− Vacancy −$9.2k −$4.73
EGI $31.1k $15.91
− OpEx −$7.8k −$3.98
NOI $23.3k $11.94
1,954 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$333.2K
$291.5K – $388.7K (±1% cap)
NOI $23,321 @ 7.0% cap · market cap 3.92%
Second Best
Healthcare Medical
$323.6K
$283.1K – $377.5K (±1% cap)
NOI $22,651 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$388.4K
$339.9K – $453.2K (±1% cap)
NOI $27,190 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic Acupuncture Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Travel Agency

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

FAQs

What type of property is this?
Medical Office Space - 1,954 SF medical/professional office building for sale.
Where is this medical office space located?
The property is located at 4365 Reading Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Standalone 1,954 SF medical/professional office building on 0.622‑acre site.; Highly visible location on Reading Road, a busy north‑south corridor.; Approximately 16 on‑site parking spaces, a rare amenity in an urban setting.
Contact an agent
(513) 784-1776 Call to check price and availability
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