Office Building with Conference
For Sale
$2,999,000
6711 Ringwood Road Oxford, Oxford, OH 45056
Built in 2018 with a lobby, restrooms, meeting areas, and paved parking.
Property Size11,568 SF
Lot Size11.28 Acres
Price / SF$259.25
Days on Market102
Property Features for 6711 Ringwood Road Oxford
General Information
Standard status
Active
Size
11,568 SF
Lot size
11.28 Acres
Amenities
lobby
bathrooms
conference rooms
office meeting space
Concrete
Public
13.9
Onsite,Asphalt
Slab
Building Details
Year Built
2018
Buildings
1
Building Size
11,568 SF
Listed By:
Bethany Coffey
(937) 699-5606
Source:
Liveloveohio
Added: Jul 6
Changed: Oct 7
Last Checked: Oct 7 at 8:51AM
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 Bethany Coffey
Investment Insights
Based on property information with market context.
Constructed in 2018, this 11,568-square-foot office building occupies 11.28 acres and provides a practical configuration for professional use. Interior areas include a lobby, bathrooms, conference rooms, and office meeting space, with concrete flooring noted among the interior features.
The property also includes a paved asphalt parking lot and slab construction. A triple-net lease structure is identified in the property information, supporting flexibility for an owner-user or commercial occupancy arrangement.
The property also includes a paved asphalt parking lot and slab construction. A triple-net lease structure is identified in the property information, supporting flexibility for an owner-user or commercial occupancy arrangement.
Key Highlights
- 11,568‑square‑foot office building constructed in 2018
- Situated on 11.28 acres
- Lobby, bathrooms, conference rooms, and office meeting space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,743
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,634,860
$2.6M
Cap Rate 7%
$1,882,043
$1.9M
Cap Rate 9%
$1,463,811
$1.5M
Market Conditions
NOI Build-Up for 11,568 SF
Gross rent
$237.4K $20.52/SF
− Vacancy
−$61.7K −$5.34/SF
EGI
$175.7K $15.18/SF
− OpEx
−$43.9K −$3.80/SF
NOI
$131.7K $11.39/SF
Area
Butler County, OH
Vacancy
26.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,634,860
Cap Rate 7%
$1,882,043
Cap Rate 9%
$1,463,811
Alternative Uses
Best Use
Office B
$1.88M
$1.65M – $2.20M
NOI $131,743 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M
NOI $160,106 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 45056, OH
28,892
Population
9,702
Households
3
Avg Household Size
25
Median Age
54%
College-Educated
97%
High-School Grad
74.7 sq mi
ZIP Area
387
Density / Sq Mi
$53,413
Median Household Income
$9,944
Median Earnings
$1,004
Median Rent
$247,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Built in 2018 with a lobby, restrooms, meeting areas, and paved parking.
Where is this office building located?
The property is located at 6711 Ringwood Road Oxford Oxford, OH.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 11,568‑square‑foot office building constructed in 2018; Situated on 11.28 acres; Lobby, bathrooms, conference rooms, and office meeting space
