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Industrial Manufacturing Flex Building
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550 Oliver St, Cincinnati, OH 45214

Versatile industrial building with MG-MH zoning, offering 4,400 SF of adaptable space for industrial and manufacturing uses.

Property Size4,400 SF
Price / SF$65.68
Days on Market66

Property Features for 550 Oliver St

General Information

Standard status Active
Size 4,400 SF
Property subtype INDUSTRIAL
Zoning MG-MH
Listing Agency: KW Northern Kentucky Commercial
Listed By: TJ Schutte Jr · License #304174,KENTUCKY
Source: Moodyscre
Added: May 28 Changed: Jul 25 Last Checked: Jul 31 at 5:39AM

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 KW Northern Kentucky Commercial

Investment Insights

Based on property information with market context.

This 4,400 SF industrial building is positioned for flexible industrial and manufacturing uses, supported by MG-MH zoning. The property is presented as an adaptable facility intended to accommodate a range of operational needs within the industrial/manufacturing environment.

Located in Cincinnati, the site is described as being in close proximity to OTR and positioned within the city’s active industrial landscape. The offering also emphasizes logistics and access to key transportation routes, supporting practical connectivity for industrial operations.

For buyers seeking an industrial and manufacturing property with zoning flexibility, this building’s configuration and MG-MH designation are central to its intended use profile.

Key Highlights

  • 4,400 SF industrial building
  • MG‑MH zoning supports versatile industrial and manufacturing uses
  • Located in Cincinnati’s industrial market, offering access to key transportation routes

Financial Insights For Warehouse

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 $32.7k $7.44
− Vacancy −$2.5k −$0.56
EGI $30.3k $6.88
− OpEx −$4.5k −$1.03
NOI $25.7k $5.85
4,400 SF · lease $7.44/SF/yr · vacancy 7.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$367.7K
$321.7K – $429.0K (±1% cap)
NOI $25,739 @ 7.0% cap · market cap 8.91%
Second Best
Industrial
$307.7K
$269.3K – $359.0K (±1% cap)
NOI $21,540 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$874.7K
$765.3K – $1.02M (±1% cap)
NOI $61,226 @ 7.0% cap · market cap 21.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic Plumbing Service

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

2,163
Businesses Nearby

Demographics for 45214, OH

8,901
Population
5,028
Households
1.8
Avg Household Size
32
Median Age
23%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,297
Density / Sq Mi
$26,348
Median Household Income
$27,243
Median Earnings
$762
Median Rent
$102,000
Median Home Value

Market

Vacancy Rate% for Industrial in Cincinnati, OH

4.2% 2019
5% 2020
4.1% 2021
1.7% 2022
5.1% 2023
5.6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Versatile industrial building with MG-MH zoning, offering 4,400 SF of adaptable space for industrial and manufacturing uses.
Where is this manufacturing property located?
The property is located at 550 Oliver St Cincinnati, OH.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 4,400 SF industrial building; MG‑MH zoning supports versatile industrial and manufacturing uses; Located in Cincinnati’s industrial market, offering access to key transportation routes
(859) 468-6799 Call to check price and availability
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