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Commercial Land with Existing Structures
For Sale
$199,927

4772 Gray Rd, Cincinnati, OH 45232

The assembled site contains two two-family homes and a large garage, with redevelopment subject to review and approvals.

Property Size4,211 SF
Price / SF$47.48
Days on Market26

Property Features for 4772 Gray Rd

General Information

Standard status Active
Size 4,211 SF

Site & Location

Neighborhood Spring Grove - Winton Hills

Taxes and HOA fees

Annual Taxes $3,162
Listing Agency: Ken Perry Realty, Inc.
Listed By: L Susan Asch
Source: Exprealty
Added: Oct 8 Changed: Nov 1 Last Checked: Nov 1 at 4:11PM

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 Ken Perry Realty, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 0.788-acre commercial land property combines three lots and includes a brick two-family house, a frame two-family house, and a large garage. Both residences are in extreme disrepair, and the property is subject to a city condemnation order. Rehabilitation would require city approval and compliance with any applicable bond, repair requirements, and deadlines; preservation of the structures is not assured.

The property has manufacturing/agricultural zoning. Buyers should verify permitted uses and development feasibility, as well as secure required approvals for any redevelopment. Viewings require advance registration and a confirmed appointment, and interior access is restricted.

Key Highlights

  • 0.788‑acre site comprising 3 combined lots
  • Brick two‑family house, frame two‑family house, and large garage
  • Property is subject to a city condemnation order; both homes are in extreme disrepair

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Auto Repair Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 45232, OH

7,109
Population
3,369
Households
2.1
Avg Household Size
25
Median Age
15%
College-Educated
83%
High-School Grad
4.0 sq mi
ZIP Area
1,777
Density / Sq Mi
$25,232
Median Household Income
$25,484
Median Earnings
$605
Median Rent
$122,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - The assembled site contains two two-family homes and a large garage, with redevelopment subject to review and approvals.
Where is this commercial land located?
The property is located at 4772 Gray Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $199,927.
What are key features of this property?
This property features: 0.788‑acre site comprising 3 combined lots; Brick two‑family house, frame two‑family house, and large garage; Property is subject to a city condemnation order; both homes are in extreme disrepair
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