Listing Agency: Colliers | Cincinnati Show Phone

Listed By: Erin Casey, SIOR Show Phone

Source: Moodyscre

Added: Oct 17, 2025 Changed: Oct 4 Last Checked: Oct 15 at 1:52AM

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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

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

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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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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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