Well-Maintained Medical Office
For Sale
Contact for pricing
7351 Montgomery Rd, Cincinnati, OH 45236
Well-maintained medical office with reception and waiting, five private treatment rooms, and on-site surface parking.
Property Size2,100 SF
Price / SF$214.29
Days on Market156
Property Features for 7351 Montgomery Rd
General Information
Standard status
Active
Size
2,100 SF
Total Parking Spaces
10
Property subtype
OFFICE
Listing Agency:
Lee & Associates | Cincinnati
(513) 658-3411
Listed By:
Gary S Fisher · License #SAL.2013000801
(513) 658-3411
Source:
Moodyscre
Added: Feb 24
Changed: Jul 30
Last Checked: Jul 30 at 12:10PM
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.
Well-maintained medical office space designed for patient-facing operations, featuring a reception desk and waiting area plus five private treatment rooms. The layout includes two restrooms, two business offices, and a break room with a sink and refrigerator.
The property offers dedicated surface lot parking with approximately 10 spaces. A prominent pylon sign supports visibility for patients and visitors.
The suite totals approximately 2,100 square feet, providing a compact footprint for coordinated front-office and clinical space within one functional arrangement.
The property offers dedicated surface lot parking with approximately 10 spaces. A prominent pylon sign supports visibility for patients and visitors.
The suite totals approximately 2,100 square feet, providing a compact footprint for coordinated front-office and clinical space within one functional arrangement.
Key Highlights
- Approximately 2,100 SF medical office space
- Five private treatment rooms
- Reception desk and waiting area
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 | $43.3k | $20.64 |
| − Vacancy | −$9.9k | −$4.73 |
| EGI | $33.4k | $15.91 |
| − OpEx | −$8.4k | −$3.98 |
| NOI | $25.1k | $11.94 |
2,100 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$358.1K
$313.3K – $417.7K
NOI $25,064 @ 7.0% cap · market cap 5.57%
Second Best
Healthcare Medical
$347.8K
$304.3K – $405.7K
NOI $24,343 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$417.5K
$365.3K – $487.0K
NOI $29,222 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
339
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
Vacancy Rate% for Office in Cincinnati, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical office with reception and waiting, five private treatment rooms, and on-site surface parking.
Where is this medical office space located?
The property is located at 7351 Montgomery Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 2,100 SF medical office space; Five private treatment rooms; Reception desk and waiting area
