Versatile Industrial Warehouse and
Northland Boulevard Forest Park, OH 45240
For Sale
Contact for pricing
9,329 SF commercial building ideal for various business operations.
Property Size7,329 SF
Price / SF$109.14
Days on Market65
Property Features for Northland Boulevard
General Information
Standard status
Active
Size
7,329 SF
Property subtype
Industrial
Building Details
Year Built
1971
Listing Agency:
Keller Williams Seven Hills
Listed By:
Mark Rankin · License #OH2006002409
Source:
Crexi
Added: May 26
Changed: Jul 10
Last Checked: Jul 28 at 8:40AM
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 Keller Williams Seven Hills
Investment Insights
Based on property information with market context.
Located in Forest Park, Ohio, the property at 600 Northland Blvd presents an opportunity to acquire a 9,329 SF freestanding commercial building suitable for warehouse, manufacturing, distribution, contractor operations, showroom, flex-industrial, or service-based businesses. The property features warehouse and manufacturing space, an office area, and a flexible operational layout. It offers convenient loading and distribution access. The location provides accessibility to I-275, I-75, I-71, and major regional transportation routes, facilitating access throughout Greater Cincinnati, Northern Kentucky, and Southeastern Indiana. The property is situated within a commercial and industrial business corridor, surrounded by manufacturing, logistics, contractor, distribution, and service-oriented businesses. The Forest Park industrial market has high occupancy rates. The location, infrastructure investment, and access to regional labor markets attract industrial and logistics users. The property is positioned amidst commercial redevelopment and industrial investment throughout the Forest Park/Tri-County submarket, offering potential for owner-occupants, investors, manufacturers, e-commerce operations, contractors, light assembly users, and distribution businesses seeking a central Cincinnati location. The property delivers visibility, accessibility, and functionality in an established industrial corridor.
Key Highlights
- Excellent accessibility to I‑275, I‑75, and I‑71 for convenient regional transportation.
- Located in Forest Park's thriving industrial corridor with a 98% occupancy rate.
- Versatile 9,329 SF freestanding building suitable for warehouse, manufacturing, distribution, or showroom.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.6k | $6.36 |
| − Vacancy | −$1.1k | −$0.15 |
| EGI | $45.5k | $6.21 |
| − OpEx | −$6.8k | −$0.93 |
| NOI | $38.7k | $5.28 |
7,329 SF · lease $6.36/SF/yr · vacancy 2.30% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$1.08M
$942.5K – $1.26M
NOI $75,399 @ 7.0% cap · market cap 9.43%
Second Best
Warehouse
$553.0K
$483.9K – $645.2K
NOI $38,709 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,976 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - 9,329 SF commercial building ideal for various business operations.
Where is this flex space located?
The property is located at Northland Boulevard Forest Park, OH.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Excellent accessibility to I‑275, I‑75, and I‑71 for convenient regional transportation.; Located in Forest Park's thriving industrial corridor with a 98% occupancy rate.; Versatile 9,329 SF freestanding building suitable for warehouse, manufacturing, distribution, or showroom.
