Flex Space with Fenced
4453 Monroe Avenue, Hooven, OH 45033
For Sale
$395,000
Commercial Sale, Whitewater Twp, OH
Property Size4,440 SF
Lot Size2.03 Acres
Price / SF$88.96
Days on Market139
Property Features for 4453 Monroe Avenue
General Information
Property type
Property subtype
Parking features
Security features
Interior features
Exterior features
Fencing
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Automotive Uses
Property Use
Utilities
Heating system
Amenities
side canopy
LED exterior lighting
insulated and heated restroom
Building Details
Year built
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
Lohmiller Real Estate
(513) 371-5468
Listed By:
Andrew Lohmiller
(812) 537-1023
Added: Jun 25
Changed: Oct 31
Last Checked: Nov 10 at 2:06AM
MLS# 1884840
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.
Built in 2024, this 4,440-square-foot flex property has a single-story metal-sided building with a 20-foot clear height and concrete flooring. Four overhead doors provide drive-in access: two are 12 feet tall and two are 14 feet tall. The interior also includes a heated, insulated restroom, while a 12-by-32-foot side canopy adds covered exterior space. LED fixtures illuminate the building’s exterior.
The property occupies approximately 2.03 acres in the Hooven/Cleves area of Whitewater Township. Chain-link fencing topped with barbed wire encloses the site, with yard area available for outdoor storage, equipment, or parking. The stated zoning is Hamilton County use 455 (Commercial Garage).
The property occupies approximately 2.03 acres in the Hooven/Cleves area of Whitewater Township. Chain-link fencing topped with barbed wire encloses the site, with yard area available for outdoor storage, equipment, or parking. The stated zoning is Hamilton County use 455 (Commercial Garage).
Key Highlights
- 4,440‑square‑foot building with 20‑foot clear height
- Four overhead doors: two 12 feet tall and two 14 feet tall
- Built in 2024; single‑story metal‑sided construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,451
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,020
$469.0K
Cap Rate 7%
$335,014
$335.0K
Cap Rate 9%
$260,567
$260.6K
Market Conditions
NOI Build-Up for 4,440 SF
Gross rent
$28.2K $6.36/SF
− Vacancy
−$649 −$0.15/SF
EGI
$27.6K $6.21/SF
− OpEx
−$4.1K −$0.93/SF
NOI
$23.5K $5.28/SF
Area
Hamilton County, OH
Vacancy
2.30%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,020
Cap Rate 7%
$335,014
Cap Rate 9%
$260,567
Alternative Uses
Best Use
Flex RnD
$652.5K
$571.0K – $761.3K
NOI $45,678 @ 7.0% cap · market cap 11.56%
Second Best
Warehouse
$335.0K
$293.1K – $390.9K
NOI $23,451 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$796.0K
$696.5K – $928.7K
NOI $55,720 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45033, OH
323
Population
169
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
84%
High-School Grad
0.3 sq mi
ZIP Area
1,077
Density / Sq Mi
$43,125
Median Household Income
$38,281
Median Earnings
$81,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Hamilton County, OH
Properties on Market for Flex space in Hamilton County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A heated restroom, multiple overhead doors, and a secured outdoor area support a range of garage and warehouse functions.
Where is this flex space located?
The property is located at 4453 Monroe Avenue Hooven, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 4,440‑square‑foot building with 20‑foot clear height; Four overhead doors: two 12 feet tall and two 14 feet tall; Built in 2024; single‑story metal‑sided construction
