Industrial Flex Building with
4750 Ashley Drive Hamilton, OH 45011
New
For Sale
$1,675,000
Flex industrial building includes 3,060 SF office space, two dock doors, and one drive-in with additional expansion land.
Property Size11,155 SF
Price / SF$150.16
Days on Market5
Property Features for 4750 Ashley Drive
General Information
Standard status
Active
Size
11,155 SF
Property subtype
Industrial
Listing Agency:
Lee & Associates | Cincinnati
(513) 305-5690
Listed By:
Paul Schmerge · License #0000439660
(513) 305-5690
Source:
Lee-associates
Added: Jul 25
Changed: Jul 27
Last Checked: Jul 28 at 7:50AM
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 Lee & Associates | Cincinnati
Investment Insights
Based on property information with market context.
This industrial flex building offers a combined industrial and office setup, with 11,155 SF total building area and 3,060 SF of office space. The facility features two dock doors and one drive-in, along with 14’–15’ clear height in the warehouse area. There is also extra land behind the building that may support future expansion.
Located in West Chester Township, OH, the property is positioned for industrial and office use within the same building footprint.
The layout supports combined operations where an on-site office component is already built in, while the dock and drive-in configuration accommodates inbound and outbound activity.
Located in West Chester Township, OH, the property is positioned for industrial and office use within the same building footprint.
The layout supports combined operations where an on-site office component is already built in, while the dock and drive-in configuration accommodates inbound and outbound activity.
Key Highlights
- 11,155 SF industrial building with 3,060 SF of office space
- 2 dock doors plus 1 drive‑in for loading and access
- 14'–15' clear height
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 | $228.9k | $20.52 |
| − Vacancy | −$59.5k | −$5.34 |
| EGI | $169.4k | $15.18 |
| − OpEx | −$42.3k | −$3.80 |
| NOI | $127.0k | $11.39 |
11,155 SF · lease $20.52/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.81M
$1.59M – $2.12M
NOI $127,040 @ 7.0% cap · market cap 7.58%
Second Best
Warehouse
$1.22M
$1.06M – $1.42M
NOI $85,199 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$2.21M
$1.93M – $2.57M
NOI $154,390 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex industrial building includes 3,060 SF office space, two dock doors, and one drive-in with additional expansion land.
Where is this flex space located?
The property is located at 4750 Ashley Drive Hamilton, OH.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 11,155 SF industrial building with 3,060 SF of office space; 2 dock doors plus 1 drive‑in for loading and access; 14'–15' clear height
