Office Condo Near Major
4874 Wunnenberg Way, West Chester, OH 45069
For Sale
Contact for pricing
Office condominium space positioned near established retail, dining, service, and residential activity.
Property Size2,584 SF
Price / SF$176.08
Days on Market54
Property Features for 4874 Wunnenberg Way
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Listing Agency:
North Ridge Realty Group
(513) 860-5050
Listed By:
Marshall Stretch · License OH #2019006171
(513) 504-8232
Source:
Moodyscre
Added: Sep 18
Changed: Oct 26
Last Checked: Nov 10 at 9:49AM
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 North Ridge Realty Group
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Investment Insights
Based on property information with market context.
This 2,584-square-foot office condominium is located at 4874 Wunnenberg Way in West Chester, Ohio. The property offers a dedicated office setting within an established commercial and residential area.
Access is provided from SR 747, with Union Centre nearby and I-75 and I-275 only minutes away. The surrounding area includes a broad mix of retail, food, and service businesses, supporting convenient access to everyday amenities and commercial activity.
Access is provided from SR 747, with Union Centre nearby and I-75 and I-275 only minutes away. The surrounding area includes a broad mix of retail, food, and service businesses, supporting convenient access to everyday amenities and commercial activity.
Key Highlights
- 2,584‑square‑foot office condominium
- Located just off SR 747
- Minutes from I‑75 and I‑275
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,428
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,560
$588.6K
Cap Rate 7%
$420,400
$420.4K
Cap Rate 9%
$326,978
$327.0K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$53.0K $20.52/SF
− Vacancy
−$13.8K −$5.34/SF
EGI
$39.2K $15.18/SF
− OpEx
−$9.8K −$3.80/SF
NOI
$29.4K $11.39/SF
Area
Butler County, OH
Vacancy
26.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,560
Cap Rate 7%
$420,400
Cap Rate 9%
$326,978
Alternative Uses
Best Use
Office B
$420.4K
$367.9K – $490.5K
NOI $29,428 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$510.9K
$447.1K – $596.1K
NOI $35,764 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
Explore this area
Business Placement
Demographics for 45069, OH
53,694
Population
21,727
Households
2.5
Avg Household Size
40
Median Age
53%
College-Educated
95%
High-School Grad
29.0 sq mi
ZIP Area
1,852
Density / Sq Mi
$115,539
Median Household Income
$61,747
Median Earnings
$1,585
Median Rent
$314,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office Units in West Chester
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office condominium space positioned near established retail, dining, service, and residential activity.
Where is this office unit located?
The property is located at 4874 Wunnenberg Way West Chester, OH.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 2,584‑square‑foot office condominium; Located just off SR 747; Minutes from I‑75 and I‑275
