Office Property for
For Sale
Contact for pricing
7351 Montgomery Road, Cincinnati, OH 45236
2100 sqft office space available for purchase.
Property Size2,100 SF
Price / SF$140.48
Days on Market259
Property Features for 7351 Montgomery Road
General Information
Standard status
Active
Size
2,100 SF
Class
B
Total Parking Spaces
10
Property subtype
Office
Zoning
Commercial
Investment Type
Owner/User
Building Details
Year Built
1965
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Lee & Associates - Cincinnati
Listed By:
Gary Fisher · License #OH SAL.2013000801
(513) 658-3411
Source:
Crexi
Added: Jan 29
Changed: Sep 13
Last Checked: Oct 14 at 11:39PM
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 Lee & Associates - Cincinnati
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office property with a size of 2100 square feet. The property is located on Montgomery Road in Cincinnati, Ohio.
Key Highlights
- Established neighborhood (built in 1965)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,064
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,280
$501.3K
Cap Rate 7%
$358,057
$358.1K
Cap Rate 9%
$278,489
$278.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$43.3K $20.64/SF
− Vacancy
−$9.9K −$4.73/SF
EGI
$33.4K $15.91/SF
− OpEx
−$8.4K −$3.98/SF
NOI
$25.1K $11.94/SF
Area
Cincinnati, OH
Vacancy
22.90%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,280
Cap Rate 7%
$358,057
Cap Rate 9%
$278,489
Alternative Uses
Best Use
Office B
$358.1K
$313.3K – $417.7K
NOI $25,064 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$417.5K
$365.3K – $487.0K
NOI $29,222 @ 7.0% cap · market cap 9.91%
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
466
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Cincinnati, OH
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Similar Off Market Nearby
- DSS Installations, Ltd — 6725 montgomery rd, cincinnati, oh 45236
Frequently Asked Questions
What type of property is this?
Office space - 2100 sqft office space available for purchase.
Where is this office space located?
The property is located at 7351 Montgomery Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Established neighborhood (built in 1965)
