Listing Agency: Colliers | Cincinnati Show Phone

Listed By: Erin Casey, SIOR Show Phone

Source: Moodyscre

Added: Oct 17, 2025 Changed: Oct 25 Last Checked: Oct 24 at 3:49PM

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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.

A modern office building is available for sale in Reading, Ohio. The property offers 3,900 square feet of space. This presents a great opportunity for an owner/user or as an investment.

Key Highlights

• Modern office building
• 3,900 SF available
• Located in Reading, OH

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$36,708

Cap Rate

6.38%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$734,160 $734.2K

Cap Rate 7%

$524,400 $524.4K

Cap Rate 9%

$407,867 $407.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,900 SF

Gross rent

$65.5K $16.80/SF

− Vacancy

−$16.6K −$4.25/SF

EGI

$48.9K $12.55/SF

− OpEx

−$12.2K −$3.14/SF

NOI

$36.7K $9.41/SF

Area

Hamilton County, OH

Vacancy

25.30%

Lease Rate

$16.80 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$734,160

Cap Rate 7%

$524,400

Cap Rate 9%

$407,867

Alternative Uses

Best Use

Office B

$524.4K

$458.9K – $611.8K (±1% cap)

NOI $36,708 @ 7.0% cap · market cap 6.38%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$699.2K

$611.8K – $815.7K (±1% cap)

NOI $48,943 @ 7.0% cap · market cap 8.51%

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

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy Parking Lot & Garage Barber Shop

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

642

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Similar For Sale Nearby

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Mixed-Use Building with Retail Space

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$375,000

0.12 Acres

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Frequently Asked Questions

What type of property is this?

Office building - Modern 3,900 SF office building in Reading, Ohio.

Where is this office building located?

The property is located at 6 Pike St Reading, OH.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Modern office building; 3,900 SF available; Located in Reading, OH