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    Springboro Office Building For Sale Title is generated by Realmo AI

    70 Remick Blvd, Springboro, OH

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    Office building with 5537 square feet of space.

    Type:OFFICE
    Property size:
    5,537 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $161/SF
    Added:
    Apr 5, 2025
    Days on Market:
    435
    Last Refresh:
    May 19 at 10:31 pm

    Property Features for 70 Remick Blvd

    General Information

    Standard status
    Active
    Size
    5,537 SF
    Lot size
    2.00 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jason Rudzinski
    Jason Rudzinski

    Listing agent Jason Rudzinski

    Listing office Mark Fornes Realty

    Listing date Apr 5, 2025

    Source Moodyscre

    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 Mark Fornes Realty

    HighLights

    • 5537 square feet of office space

    Overview

    The property is an office building located in Springboro, Ohio, offering 5537 square feet of space.

    Local Financial Insights For Office B

    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 $105.0k $18.96
    − Vacancy −$9.4k −$1.71
    EGI $95.5k $17.25
    − OpEx −$23.9k −$4.31
    NOI $71.6k $12.94
    5,537 SF · lease $18.96/SF/yr · vacancy 9.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.02M
    $895.6K – $1.19M (±1% cap)
    NOI $71,650 @ 7.0% cap · market cap 8.01%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.24M
    $1.08M – $1.44M (±1% cap)
    NOI $86,574 @ 7.0% cap · market cap 9.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fry Carla Employment Agency Garcia Emma DO Pediatrician Family Health Center Medical Clinic Leah Banks Physician Jill Riess Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springboro
    County
    Warren
    State
    Ohio
    Longitude
    -84.2244
    Latitude
    39.5793

    FAQs

    What type of property is this?
    Office building - Office building with 5537 square feet of space.
    Where is this office building located?
    The property is located at 70 Remick Blvd Springboro, OH.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 5537 square feet of office space
    (937) 434-2000 Call to check price and availability
    More about this property
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