Listing Agency: Coldwell Banker Com Reliant Re m***@cbcreliantrealty.com Show Phone

Listed By: Michael J Bastin Show Phone

Source: Exprealty

Added: Oct 31, 2025 Changed: Oct 13 Last Checked: Oct 21 at 1:26AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

5546 Fair Ln is a fully renovated office/warehouse building offering flexible space designed to support combined work and storage needs. The property includes office space alongside warehouse functionality within a single facility, with the layout tailored for day-to-day operational flexibility.

Situated in an eastern Cincinnati corridor, the site benefits from abundant parking and convenient highway access, supporting straightforward customer and employee access.

The building totals 15,326 SF and is being offered for sale as a flex-style office/warehouse property.

Key Highlights

• Fully renovated 15,326 SF office/warehouse building with flexible space
• Asking $14.00 SF NNN
• Abundant parking on‑site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$75,029

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,500,580 $1.5M

Cap Rate 7%

$1,071,843 $1.1M

Cap Rate 9%

$833,656 $833.7K

What to ask about pricing

Market Conditions

NOI Build-Up for 15,326 SF

Gross rent

$114.0K $7.44/SF

− Vacancy

−$6.8K −$0.45/SF

EGI

$107.2K $6.99/SF

− OpEx

−$32.2K −$2.10/SF

NOI

$75.0K $4.90/SF

Area

Cincinnati, OH

Vacancy

6.00%

Lease Rate

$7.44 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,500,580

Cap Rate 7%

$1,071,843

Cap Rate 9%

$833,656

Alternative Uses

Best Use

Flex RnD

$1.91M

$1.67M – $2.22M (±1% cap)

NOI $133,410 @ 7.0% cap · market cap 13,341,000.00%

Second Best

Warehouse

$1.28M

$1.12M – $1.49M (±1% cap)

NOI $89,653 @ 7.0% cap · market cap 8,965,300.00%

Theoretical Best

Office A

$3.05M

$2.67M – $3.55M (±1% cap)

NOI $213,261 @ 7.0% cap · market cap 21,326,100.00%

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

Open Analytics

Current Use

Compass Engineering Engineer Compass Engineering Group Electrical Engineer Matthews Automation - Pyramid ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Auto Parts Store

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

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

598

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 45227, OH

18,427

Population

9,425

Households

2

Avg Household Size

38

Median Age

53%

College-Educated

94%

High-School Grad

5.8 sq mi

ZIP Area

3,177

Density / Sq Mi

$70,614

Median Household Income

$50,011

Median Earnings

$1,220

Median Rent

$256,400

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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Similar Off Market Nearby

• Edibles-N-Such — 6008 Wooster Pike, Cincinnati, OH 45227

Frequently Asked Questions

What type of property is this?

Flex space - Fully renovated office/warehouse with flexible space, abundant parking, and convenient highway access in eastern Cincinnati.

Where is this flex space located?

The property is located at 5546 Fair Ln Cincinnati, OH.

What are key features of this property?

This property features: Fully renovated 15,326 SF office/warehouse building with flexible space; Asking $14.00 SF NNN; Abundant parking on‑site