6800 Montgomery Road, Silverton, OH 45236

Building Details

Year Built 1995 More

Building Size 4,048 SF More

Listing Agency: Comey & Shepherd h***@comey.com Show Phone

Listed By: William T Vitale Show Phone

Source: Falgnerrealty

Added: May 19 Changed: Nov 7 Last Checked: Nov 7 at 2:02PM

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Investment Insights

Based on property information with market context.

This 4,048-square-foot flex building has a block exterior, concrete floor, and 12-foot ceilings. The 44-by-92-foot structure includes loading doors, two half baths, a gas forced-air furnace, and central air. The flat roof carries a warranty, and the building dates to 1995.

The property occupies a 60-by-200-foot corner lot at Montgomery Road and Hampton Drive in downtown Silverton. On-site parking accommodates more than 20 vehicles. The source identifies warehouse, office, and retail as possible configurations.

Key Highlights

• 4,048‑square‑foot block building constructed in 1995
• 44‑by‑92‑foot building on a 60‑by‑200‑foot lot
• 12‑foot ceilings, concrete floor, and loading doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,380

Cap Rate

5.03%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$427,600 $427.6K

Cap Rate 7%

$305,429 $305.4K

Cap Rate 9%

$237,556 $237.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,048 SF

Gross rent

$25.7K $6.36/SF

− Vacancy

−$592 −$0.15/SF

EGI

$25.2K $6.21/SF

− OpEx

−$3.8K −$0.93/SF

NOI

$21.4K $5.28/SF

Area

Hamilton County, OH

Vacancy

2.30%

Lease Rate

$6.36 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$427,600

Cap Rate 7%

$305,429

Cap Rate 9%

$237,556

Alternative Uses

Best Use

Retail

$621.7K

$544.0K – $725.3K (±1% cap)

NOI $43,517 @ 7.0% cap · market cap 10.24%

Second Best

Flex RnD

$594.9K

$520.6K – $694.1K (±1% cap)

NOI $41,645 @ 7.0% cap · market cap 9.80%

Theoretical Best

Office A

$725.7K

$635.0K – $846.7K (±1% cap)

NOI $50,801 @ 7.0% cap · market cap 11.95%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom Garden Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft

Clear height

Location Intelligence

Trade Area within ½ mile

528

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 45236, OH

24,223

Population

12,385

Households

2

Avg Household Size

41

Median Age

51%

College-Educated

95%

High-School Grad

6.9 sq mi

ZIP Area

3,511

Density / Sq Mi

$81,990

Median Household Income

$49,188

Median Earnings

$1,155

Median Rent

$218,900

Median Home Value

Market

Average Price Trend$/SF for Flex space in Hamilton County, OH

$102 Jul

$121 Aug

$110 Sep

$107 Oct

Properties on Market for Flex space in Hamilton County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Concrete flooring, 12-foot ceilings, and more than 20 parking spaces support a range of commercial configurations.

Where is this flex space located?

The property is located at 6800 Montgomery Road Silverton, OH.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: 4,048‑square‑foot block building constructed in 1995; 44‑by‑92‑foot building on a 60‑by‑200‑foot lot; 12‑foot ceilings, concrete floor, and loading doors