Industrial Facility with Overhead
5601 Helen Street, Elmwood Place, OH 45216
For Sale
New
$5,200,000
Commercial Sale, Elmwood Place, OH
Property Size104,741 SF
Lot Size7.73 Acres
Price / SF$49.65
Days on Market2
Property Features for 5601 Helen Street
General Information
Property type
Property subtype
Parking features
Security features
Interior features
Exterior features
Fencing
Directions
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Property Use
Utilities
Heating system
Amenities
ceilings up to 40 feet
two 20-ton overhead cranes
2,000-amp 3-phase power
multiple drive-in doors
ample parking
newly replaced roof
separate electric service
Building Details
Year built
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
Plum Tree Realty
(513) 443-5060
Listed By:
Yuri Lazinsky · License OH #2007003739
(513) 378-4663
Added: Nov 9
Last Checked: Nov 10 at 4:06AM
MLS# 1899816
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The industrial property contains 104,741 square feet across 7.731 acres, with an open main building and a separate 3,000-square-foot outbuilding served by its own electric meter. The main facility has ceilings reaching 40 feet, two 20-ton overhead cranes, 2,000-amp, 3-phase power, multiple drive-in doors, a truck dock, wet sprinklers, and a newly replaced roof. An existing truck repair tenant occupies approximately half of the main building. The property also includes fenced outside storage and parking.
Zoned M-1 Industrial, the property is located at 5601 Helen Street in Elmwood Place, Ohio. Potential uses identified for the site include trucking, vehicle and truck repair, warehousing, storage, landscaping operations, and manufacturing; all uses remain subject to zoning approval.
Zoned M-1 Industrial, the property is located at 5601 Helen Street in Elmwood Place, Ohio. Potential uses identified for the site include trucking, vehicle and truck repair, warehousing, storage, landscaping operations, and manufacturing; all uses remain subject to zoning approval.
Key Highlights
- 104,741 square feet on 7.731 acres
- Separate 3,000‑square‑foot outbuilding with its own electric service
- Main building ceilings reach 40 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$455,582
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,111,640
$9.1M
Cap Rate 7%
$6,508,314
$6.5M
Cap Rate 9%
$5,062,022
$5.1M
Market Conditions
NOI Build-Up for 104,741 SF
Gross rent
$666.2K $6.36/SF
− Vacancy
−$15.3K −$0.15/SF
EGI
$650.8K $6.21/SF
− OpEx
−$195.2K −$1.86/SF
NOI
$455.6K $4.35/SF
Area
Hamilton County, OH
Vacancy
2.30%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,111,640
Cap Rate 7%
$6,508,314
Cap Rate 9%
$5,062,022
Alternative Uses
Best Use
Retail
$16.09M
$14.07M – $18.77M
NOI $1,125,999 @ 7.0% cap · market cap 21.65%
Second Best
Warehouse
$7.90M
$6.92M – $9.22M
NOI $553,207 @ 7.0% cap · market cap 10.64%
Theoretical Best
Office A
$18.78M
$16.43M – $21.91M
NOI $1,314,458 @ 7.0% cap · market cap 25.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
50%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
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Business Placement
Demographics for 45216, OH
9,667
Population
4,262
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
3,453
Density / Sq Mi
$51,602
Median Household Income
$40,333
Median Earnings
$815
Median Rent
$138,200
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Hamilton County, OH
Properties on Market for Industrial properties in Hamilton County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - M-1 industrial zoning and a broad, open interior support a range of industrial operations, subject to zoning approval.
Where is this industrial property located?
The property is located at 5601 Helen Street Elmwood Place, OH.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 104,741 square feet on 7.731 acres; Separate 3,000‑square‑foot outbuilding with its own electric service; Main building ceilings reach 40 feet
