Free-Standing Office/Retail Building For
For Sale
Contact for pricing
555 Wessel Dr, Fairfield, OH
5,527 SF office/retail building with 33 parking spaces.
Property Size5,527 SF
Lot Size0.92 Acres
Price / SF$199.02
Days on Market326
Property Features for 555 Wessel Dr
General Information
Standard status
Active
Size
5,527 SF
Lot size
0.92 Acres
Property subtype
OFFICE
Listing Agency:
Cushman & Wakefield | Cincinnati
(513) 421-4884
Listed By:
Rob Murphy
(513) 807-5840
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Jul 6
Last Checked: Oct 16 at 11:58AM
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 Cushman & Wakefield | Cincinnati
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 5,527 square foot free-standing office/retail building with dimensions of 58 feet by 110 feet. The property includes 33 parking spaces and a monument sign. It is located on a corner across from Kroger and the Village Green Shopping Plaza, and is situated approximately 1/4 mile from the Fairfield Library and Fairfield Community Arts Center. The property is available for rent.
Key Highlights
- Great corner location across from Kroger and the Village Green Shopping Plaza.
- 5,527 SF Free‑Standing Office/Retail Building with 33 parking spaces.
- Benefit from excellent visibility with monument sign.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,945
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,900
$1.3M
Cap Rate 7%
$899,214
$899.2K
Cap Rate 9%
$699,389
$699.4K
Market Conditions
NOI Build-Up for 5,527 SF
Gross rent
$113.4K $20.52/SF
− Vacancy
−$29.5K −$5.34/SF
EGI
$83.9K $15.18/SF
− OpEx
−$21.0K −$3.80/SF
NOI
$62.9K $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%
$1,258,900
Cap Rate 7%
$899,214
Cap Rate 9%
$699,389
Alternative Uses
Best Use
Office B
$899.2K
$786.8K – $1.05M
NOI $62,945 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$956.2K – $1.27M
NOI $76,496 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - 5,527 SF office/retail building with 33 parking spaces.
Where is this office building located?
The property is located at 555 Wessel Dr Fairfield, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Great corner location across from Kroger and the Village Green Shopping Plaza.; 5,527 SF Free‑Standing Office/Retail Building with 33 parking spaces.; Benefit from excellent visibility with monument sign.
