Industrial Flex Property with
4450 Monroe St Cincinnati, OH 45033
For Sale
Contact for pricing
Industrial warehouse space includes a recently renovated office area, supported by ample acreage.
Property Size8,000 SF
Lot Size6.65 Acres
Price / SF$250
Days on Market52
Property Features for 4450 Monroe St
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Lot size
- 6.65 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1993
Listing Agency:
Colliers - Cincinnati, Ohio
(513) 721-4200
Listed By:
Bill Keefer · License #OH 0000342681
Source:
Crexi
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 23 at 5:22AM
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 Colliers - Cincinnati, Ohio
Investment Insights
Based on property information with market context.
This industrial flex property totals 8,000 SF and combines warehouse space with 3,500 SF of recently renovated office space in excellent condition. The office component offers a turnkey option for operations needing dedicated administrative space alongside their industrial footprint.
The property sits on 6.651 acres, providing room for the site needs associated with industrial and flex use. It is presented as a for-sale opportunity.
For tenants, operators, or buyers seeking a single property that supports both production or storage and on-site office functions, the layout is designed to keep work and management under one roof. The recently renovated office portion can help accommodate day-to-day administration without relying on off-site space, while the remaining industrial area supports core operational requirements.
The property sits on 6.651 acres, providing room for the site needs associated with industrial and flex use. It is presented as a for-sale opportunity.
For tenants, operators, or buyers seeking a single property that supports both production or storage and on-site office functions, the layout is designed to keep work and management under one roof. The recently renovated office portion can help accommodate day-to-day administration without relying on off-site space, while the remaining industrial area supports core operational requirements.
Key Highlights
- 8,000 SF industrial property built in 1993
- Includes 3,500 SF recently renovated office space in excellent condition
- Set on 6.651 acres
Financial Insights For Flex RnD
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 | $115.2k | $14.40 |
| − Vacancy | −$8.1k | −$1.01 |
| EGI | $107.1k | $13.39 |
| − OpEx | −$37.5k | −$4.69 |
| NOI | $69.6k | $8.70 |
8,000 SF · lease $14.40/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$994.8K
$870.5K – $1.16M
NOI $69,638 @ 7.0% cap · market cap 3.48%
Second Best
Warehouse
$668.5K
$585.0K – $780.0K
NOI $46,798 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,320 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Prestige Catering — 2650 Highland Ave, Cincinnati, OH 45219
FAQs
What type of property is this?
Flex space - Industrial warehouse space includes a recently renovated office area, supported by ample acreage.
Where is this flex space located?
The property is located at 4450 Monroe St Cincinnati, OH.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 8,000 SF industrial property built in 1993; Includes 3,500 SF recently renovated office space in excellent condition; Set on 6.651 acres
