Flex Space with Office and
712 South Street, Wilmington, OH 45177
For Sale
Contact for pricing
Commercial Sale, Union Twp, OH
Property Size900 SF
Lot Size2.66 Acres
Days on Market43
Property Features for 712 South Street
General Information
Property type
Property subtype
Interior features
Exterior features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Condition
Utilities
Heating system
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
ERA Donald Fender Classic Real · ERA Real Estate
(937) 393-3416
Listed By:
Christina Ross
(513) 283-4299
Added: Sep 30
Changed: Oct 24
Last Checked: Nov 11 at 8:06AM
MLS# 1895567
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 900-square-foot flex space has a bathroom, one office, a spacious lobby, a storage closet, and a separate sink in the rear room. HVAC is installed, and the building dates to 1994. The property includes a 2.66-acre lot, a parking area, and frontage on South Street. The space is identified for office, retail, or light industrial use.
Key Highlights
- 900‑square‑foot flex space on a 2.66‑acre lot
- Office, retail, or light industrial use
- One office, lobby, bathroom, storage closet, and separate rear‑room sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,407
Suggested Prices Based on Cap Rates
Cap Rate 5%
$68,140
$68.1K
Cap Rate 7%
$48,671
$48.7K
Cap Rate 9%
$37,856
$37.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$5.7K $6.36/SF
− Vacancy
−$482 −$0.54/SF
EGI
$5.2K $5.82/SF
− OpEx
−$1.8K −$2.04/SF
NOI
$3.4K $3.79/SF
Area
Clinton County, OH
Vacancy
8.42%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$68,140
Cap Rate 7%
$48,671
Cap Rate 9%
$37,856
Alternative Uses
Best Use
Retail
$234.3K
$205.0K – $273.4K
NOI $16,401 @ 7.0% cap
Second Best
Office B
$154.7K
$135.4K – $180.5K
NOI $10,831 @ 7.0% cap
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45177, OH
22,349
Population
9,870
Households
2.3
Avg Household Size
40
Median Age
26%
College-Educated
94%
High-School Grad
170.0 sq mi
ZIP Area
131
Density / Sq Mi
$70,483
Median Household Income
$36,980
Median Earnings
$933
Median Rent
$209,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The compact space accommodates office, retail, or light industrial use and includes a dedicated office and storage.
Where is this flex space located?
The property is located at 712 South Street Wilmington, OH.
What are key features of this property?
This property features: 900‑square‑foot flex space on a 2.66‑acre lot; Office, retail, or light industrial use; One office, lobby, bathroom, storage closet, and separate rear‑room sink
