Commercial Property on Delhi
For Sale
Contact for pricing
4800 Delhi Rd, Cincinnati, OH 45238
Commercial property on Delhi Pike suitable for various businesses.
Property Size1,032 SF
Lot Size0.21 Acres
Price / SF$227.71
Days on Market230
Property Features for 4800 Delhi Rd
General Information
Standard status
Active
Size
1,032 SF
Lot size
0.21 Acres
Property subtype
Retail
Listing Agency:
Coldwell Banker Realty Cincinnati
Listed By:
Tom Deutsch, Jr. · License #OH 2003017346
(513) 460-5302
Source:
Crexi
Added: Feb 19
Changed: Oct 3
Last Checked: Oct 5 at 4:53PM
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 Coldwell Banker Realty Cincinnati
Investment Insights
Based on property information with market context.
This commercial property is located on Delhi Pike and offers an opportunity for various business ventures. The existing building, situated on approximately 0.208 acres, is suitable for a coffee shop, salon, or office. The property benefits from high visibility and traffic count. The building has a size of 1,032 square feet.
Key Highlights
- Functioning commercial property on Delhi Pike
- High visibility and traffic count**
- Almost .25 acres (0.208)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,674
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,480
$193.5K
Cap Rate 7%
$138,200
$138.2K
Cap Rate 9%
$107,489
$107.5K
Market Conditions
NOI Build-Up for 1,032 SF
Gross rent
$14.9K $14.40/SF
− Vacancy
−$1.0K −$1.01/SF
EGI
$13.8K $13.39/SF
− OpEx
−$4.1K −$4.02/SF
NOI
$9.7K $9.37/SF
Area
ZIP 45238
Vacancy
7.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,480
Cap Rate 7%
$138,200
Cap Rate 9%
$107,489
Alternative Uses
Best Use
Retail
$138.2K
$120.9K – $161.2K
NOI $9,674 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$229.6K
$200.9K – $267.9K
NOI $16,074 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 45238, OH
46,864
Population
21,834
Households
2.1
Avg Household Size
37
Median Age
27%
College-Educated
91%
High-School Grad
10.3 sq mi
ZIP Area
4,550
Density / Sq Mi
$64,672
Median Household Income
$40,043
Median Earnings
$913
Median Rent
$168,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Cincinnati, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial property on Delhi Pike suitable for various businesses.
Where is this retail space located?
The property is located at 4800 Delhi Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Functioning commercial property on Delhi Pike; High visibility and traffic count**; Almost .25 acres (0.208)
