500 Macready Ave, Monroe, OH
6,036 SF building on 1.03 acre lot for sale.
- Added:
- Jul 31, 2025
- Days on Market:
- 319
- Last Refresh:
- May 20 at 8:38 pm
Property Features for 500 Macready Ave
General Information
- Standard status
- Active
- Size
- 6,036 SF
- Lot size
- 1.30 Acres
- Property subtype
- RETAIL
Listing agent Jason Rudzinski
Listing office Mark Fornes Realty (937) 434-2000
Listing date Jul 31, 2025
Source Moodyscre
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 Mark Fornes Realty
HighLights
- Excellent location on a +/- 1.03 acre lot.
- Versatile zoning (GC General Commercial) ideal for office, medical, or child care.
- Divisible to multitenant, offering flexible usage options.
- Large +/- 6,036 SF brick building.
- Equipped with security cameras.
- Includes 5 restrooms.
Overview
Local Financial Insights For Healthcare Medical
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 | $132.6k | $21.96 |
| − Vacancy | −$13.9k | −$2.31 |
| EGI | $118.6k | $19.65 |
| − OpEx | −$47.5k | −$7.86 |
| NOI | $71.2k | $11.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Butler
- State
- Ohio
- Longitude
- -84.37
- Latitude
- 39.4487
