Industrial
For Sale
Contact for pricing
4612- 4628 Paddock, Cincinnati, OH 45229
Substantial industrial facility positioned in Cincinnati, Ohio.
Property Size62,748 SF
Price / SF$59.76
Days on Market60
Property Features for 4612- 4628 Paddock
General Information
Standard status
Active
Size
62,748 SF
Property subtype
Industrial
Listing Agency:
JLL - Cincinnati, Ohio
Listed By:
Tom Fairhurst · License #OH SAL.2005012995
(513) 241-4600
Source:
Crexi
Added: Aug 21
Changed: Oct 12
Last Checked: Oct 19 at 7:00AM
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 JLL - Cincinnati, Ohio
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Investment Insights
Based on property information with market context.
This industrial property contains 62,748 square feet of building area and is offered for sale. The facility is located at 4612–4628 Paddock in Cincinnati, Ohio.
Key Highlights
- 62,748 square feet of industrial space
- Located at 4612–4628 Paddock in Cincinnati, Ohio
- For‑sale industrial property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$307,184
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,143,680
$6.1M
Cap Rate 7%
$4,388,343
$4.4M
Cap Rate 9%
$3,413,156
$3.4M
Market Conditions
NOI Build-Up for 62,748 SF
Gross rent
$466.8K $7.44/SF
− Vacancy
−$28.0K −$0.45/SF
EGI
$438.8K $6.99/SF
− OpEx
−$131.7K −$2.10/SF
NOI
$307.2K $4.90/SF
Area
Cincinnati, OH
Vacancy
6.00%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,143,680
Cap Rate 7%
$4,388,343
Cap Rate 9%
$3,413,156
Alternative Uses
Best Use
Industrial
$4.39M
$3.84M – $5.12M
NOI $307,184 @ 7.0% cap · market cap 8.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.47M
$10.91M – $14.55M
NOI $873,139 @ 7.0% cap · market cap 23.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
Explore this area
Business Placement
Demographics for 45229, OH
12,540
Population
7,813
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
2.7 sq mi
ZIP Area
4,644
Density / Sq Mi
$30,829
Median Household Income
$25,772
Median Earnings
$831
Median Rent
$316,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Industrial property - Substantial industrial facility positioned in Cincinnati, Ohio.
Where is this industrial property located?
The property is located at 4612- 4628 Paddock Cincinnati, OH.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 62,748 square feet of industrial space; Located at 4612–4628 Paddock in Cincinnati, Ohio; For‑sale industrial property
