Industrial Warehouse
For Sale
Contact for pricing
4612-4628 Paddock Road, Cincinnati, OH 45229
Warehouse property along Paddock Road in Cincinnati, Ohio.
Property Size62,748 SF
Price / SF$63.75
Days on Market197
Property Features for 4612-4628 Paddock Road
General Information
Standard status
Active
Size
62,748 SF
Property subtype
Industrial
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
JLL - Cincinnati, Ohio
Listed By:
Tom Fairhurst · License #OH SAL.2005012995
(513) 241-4600
Source:
Crexi
Added: Apr 6
Changed: Oct 8
Last Checked: Oct 19 at 5:43AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial warehouse property contains 62,748 square feet at 4612-4628 Paddock Road in Cincinnati, Ohio. The asset is identified as warehouse space within a commercial real estate offering.
Key Highlights
- 62,748‑square‑foot warehouse property
- Located at 4612‑4628 Paddock Road in Cincinnati, OH
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$367,057
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,341,140
$7.3M
Cap Rate 7%
$5,243,671
$5.2M
Cap Rate 9%
$4,078,411
$4.1M
Market Conditions
NOI Build-Up for 62,748 SF
Gross rent
$466.8K $7.44/SF
− Vacancy
−$35.0K −$0.56/SF
EGI
$431.8K $6.88/SF
− OpEx
−$64.8K −$1.03/SF
NOI
$367.1K $5.85/SF
Area
Cincinnati, OH
Vacancy
7.50%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,341,140
Cap Rate 7%
$5,243,671
Cap Rate 9%
$4,078,411
Alternative Uses
Best Use
Warehouse
$5.24M
$4.59M – $6.12M
NOI $367,057 @ 7.0% cap · market cap 9.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.47M
$10.91M – $14.55M
NOI $873,139 @ 7.0% cap · market cap 21.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Industrial in Cincinnati, OH
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property along Paddock Road in Cincinnati, Ohio.
Where is this warehouse located?
The property is located at 4612-4628 Paddock Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 62,748‑square‑foot warehouse property; Located at 4612‑4628 Paddock Road in Cincinnati, OH
