Manufacturing
For Sale
Contact for pricing
7522 Camargo Rd, Cincinnati, OH 45243
B3-zoned property positioned along an established industrial corridor with access to regional transportation networks.
Property Size7,165 SF
Price / SF$150
Days on Market8
Property Features for 7522 Camargo Rd
General Information
Standard status
Active
Size
7,165 SF
Property subtype
Industrial
Zoning
B3
Lease Type
NNN
Building Details
Year Built
1967
Listing Agency:
JLL - Cincinnati, Ohio
(513) 241-4600
Listed By:
Tom Fairhurst · License #OH SAL.2005012995
Source:
Crexi
Added: Aug 4
Changed: Aug 10
Last Checked: Aug 11 at 8:37AM
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 JLL - Cincinnati, Ohio
Investment Insights
Based on property information with market context.
This manufacturing property is located on Camargo Road and carries B3 zoning. The building dates to 1967 and is situated within an established industrial corridor associated with warehouse, distribution, and light manufacturing activity.
The surrounding area has infrastructure supporting industrial operations, with connections to major transportation networks and regional markets. Its Cincinnati location provides a setting for businesses requiring industrial access and transportation connectivity.
The surrounding area has infrastructure supporting industrial operations, with connections to major transportation networks and regional markets. Its Cincinnati location provides a setting for businesses requiring industrial access and transportation connectivity.
Key Highlights
- B3 zoning
- 7,165 property size
- Built in 1967
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,913
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$838,260
$838.3K
Cap Rate 7%
$598,757
$598.8K
Cap Rate 9%
$465,700
$465.7K
Market Conditions
NOI Build-Up for 7,165 SF
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.
Gross rent
$53.3K $7.44/SF
− Vacancy
−$4.0K −$0.56/SF
EGI
$49.3K $6.88/SF
− OpEx
−$7.4K −$1.03/SF
NOI
$41.9K $5.85/SF
Area
Cincinnati, OH
Vacancy
7.50%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$838,260
Cap Rate 7%
$598,757
Cap Rate 9%
$465,700
Alternative Uses
Best Use
Warehouse
$598.8K
$523.9K – $698.6K
NOI $41,913 @ 7.0% cap · market cap 3.90%
Second Best
Industrial
$501.1K
$438.5K – $584.6K
NOI $35,076 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,701 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Explore this area
Business Placement
Demographics for 45243, OH
15,894
Population
6,160
Households
2.6
Avg Household Size
43
Median Age
71%
College-Educated
98%
High-School Grad
19.4 sq mi
ZIP Area
819
Density / Sq Mi
$170,006
Median Household Income
$89,024
Median Earnings
$1,962
Median Rent
$616,900
Median Home Value
Market
Vacancy Rate% for Industrial in Cincinnati, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - B3-zoned property positioned along an established industrial corridor with access to regional transportation networks.
Where is this manufacturing property located?
The property is located at 7522 Camargo Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,074,750.
What are key features of this property?
This property features: B3 zoning; 7,165 property size; Built in 1967
