For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Conditioned Industrial Building Near I-75 Title is generated by Realmo AI

    6550 Hamilton Lebanon Road, Middletown, OH 45044

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,250,000

    27,025 SF industrial building on 4.217 acres for sale.

    Type:Industrial
    Property size:
    27,025 SF
    Price / SF:
    $120/SF
    Added:
    Nov 21, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 5 at 10:41 pm

    Property Features for 6550 Hamilton Lebanon Road

    General Information

    Standard status
    Active
    Size
    27,025 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2017

    We can help!

    Listing Contact
    Scott Kaster
    Scott Kaster

    Listing agent Scott Kaster License #OH #SAL.2009000788

    Listing office NAI Bergman

    Listing date Nov 21, 2025

    Source Naiglobal

    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 NAI Bergman

    HighLights

    • Conditioned industrial building in excellent condition, built in 2017.
    • Strategic location between Cincinnati and Dayton with convenient I‑75 access.
    • Cold room/storage included.
    • Building size: 27,025 SF.
    • Property size: 4.217 acres.
    • Close proximity to Cincinnati Premium Outlets, Kings Island, and restaurants.

    Overview

    This 27,025 square foot conditioned industrial building is available for sale or lease. The property is situated on 4.217 acres. It is located in Monroe, Ohio, between Cincinnati and Dayton, with convenient access to I-75. The location offers proximity to the Cincinnati Premium Outlets, Kings Island, and a variety of restaurants. The building includes a cold room or storage area.

    Financial Insights

    Value Estimation Calculated for Warehouse

    Conservative
    $2.29M
    NOI $206,410 @ 9.00% cap · cautious / downside scenario
    Moderate
    $2.95M
    NOI $206,410 @ 7.00% cap · market / base-case scenario
    Aggressive
    $4.13M
    NOI $206,410 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
    Calculated for Warehouse

    Component $ $/SF
    Gross rent $259.4k $9.60
    − Vacancy −$16.6k −$0.61
    EGI $242.8k $8.99
    − OpEx −$36.4k −$1.35
    NOI $206.4k $7.64
    27,025 SF · lease $9.60/SF/yr · vacancy 6.40% · expense 15.00%

    Alternative Use Scenarios

    Best Use
    Warehouse
    $2.95M
    $2.58M – $3.44M (±1% cap)
    NOI $206,410 @ 7.0% cap · market cap 6.35%
    Second Best
    Industrial
    $2.43M
    $2.12M – $2.83M (±1% cap)
    NOI $169,985 @ 7.0% cap · market cap 5.23%
    Theoretical Best
    Office A
    $5.34M
    $4.68M – $6.23M (±1% cap)
    NOI $374,037 @ 7.0% cap · market cap 11.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Butler
    State
    Ohio
    Longitude
    -84.3839
    Latitude
    39.447

    FAQs

    What type of property is this?
    Warehouse - 27,025 SF industrial building on 4.217 acres for sale.
    Where is this warehouse located?
    The property is located at 6550 Hamilton Lebanon Road Middletown, OH.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: Conditioned industrial building in excellent condition, built in 2017.; Strategic location between Cincinnati and Dayton with convenient I‑75 access.; Cold room/storage included.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message