First-Floor Office
For Sale
$225,000
4759 Cornell Road #4D, Blue Ash, OH 45241
Private work areas, two restrooms, and shared on-site parking support a range of professional business operations.
Property Size1,814 SF
Price / SF$124.04
Days on Market170
Property Features for 4759 Cornell Road #4D
General Information
Standard status
Active
Size
1,814 SF
Property subtype
Commercial
Additional Details
Floor
First Floor
Highway Access
Yes
Property Use
Office
Building Details
Year Built
1984
Listing Agency:
Keller Williams Seven Hills Re
(513) 371-5070
Listed By:
Joshua J Honken
(513) 657-8256
Source:
Galbraithrealtors
Added: May 13
Changed: Oct 25
Last Checked: Oct 26 at 3:57AM
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 Keller Williams Seven Hills Re
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Investment Insights
Based on property information with market context.
This 1,814-square-foot office condominium is located on the first floor and is configured as an end unit. Its interior includes multiple private offices, a kitchen and break area, storage, and two restrooms. The building dates to 1984, and the condominium association plans to replace the roof.
On-site parking provides direct access to the office. The property is at 4759 Cornell Road in Blue Ash, with highway access described as a few minutes away.
On-site parking provides direct access to the office. The property is at 4759 Cornell Road in Blue Ash, with highway access described as a few minutes away.
Key Highlights
- 1,814 square feet of first‑floor office space in an end unit
- Multiple private offices, kitchen and break area, and ample storage
- Two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,074
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,480
$341.5K
Cap Rate 7%
$243,914
$243.9K
Cap Rate 9%
$189,711
$189.7K
Market Conditions
NOI Build-Up for 1,814 SF
Gross rent
$30.5K $16.80/SF
− Vacancy
−$7.7K −$4.25/SF
EGI
$22.8K $12.55/SF
− OpEx
−$5.7K −$3.14/SF
NOI
$17.1K $9.41/SF
Area
Hamilton County, OH
Vacancy
25.30%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,480
Cap Rate 7%
$243,914
Cap Rate 9%
$189,711
Alternative Uses
Best Use
Office B
$243.9K
$213.4K – $284.6K
NOI $17,074 @ 7.0% cap · market cap 7.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$325.2K
$284.6K – $379.4K
NOI $22,765 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 45241, OH
24,380
Population
11,131
Households
2.2
Avg Household Size
44
Median Age
48%
College-Educated
95%
High-School Grad
17.5 sq mi
ZIP Area
1,393
Density / Sq Mi
$94,943
Median Household Income
$60,857
Median Earnings
$1,137
Median Rent
$292,000
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Private work areas, two restrooms, and shared on-site parking support a range of professional business operations.
Where is this office unit located?
The property is located at 4759 Cornell Road #4D Blue Ash, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,814 square feet of first‑floor office space in an end unit; Multiple private offices, kitchen and break area, and ample storage; Two restrooms
