Office Condo Suite with Multiple Offices

7655 Five Mile Road Anderson Twp, OH 45230

Claim this Listing
New
For Sale
$399,900

COMMERCIAL - Anderson Twp, OH

Property size:
1,856 SF
Lot size:
1.66 Acres
Price / SF:
$215/SF
Added:
Jul 10, 2026
Days on Market:
3
Last Refresh:
Jul 12 at 2:06 am

Property Features for 7655 Five Mile Road

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
500-0204-0103-00
Lot size
1.66 Acres

Utilities

Heating system
Forced Air, Electric (Heating)

Building Details

Year built
1986
Flooring type
Carpet
Building materials
Stucco

Listing agent Joe Knab License #30705918

Listing office RE/MAX Preferred Group 5968 Bridgetown Road, Suite B, West Chester, OH

Listing date Jul 10, 2026

MLS# 1886408

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.


Investment Insights

Based on property information with market context.

This well-maintained office suite offers a layout with eight offices plus a lobby and shared common area. Additional included storage consists of a 144 SF storage space and a separate 100 SF storage space.

The building provides four access areas. Condo fees are $796.84 per month and cover exterior building maintenance and insurance, along with common interior hallways, cleaning, painting, landscaping, snow removal, parking lot care, and water and sewer services. The property is located in Anderson Twp, Ohio (Hamilton County).

Key Highlights

  • 1,856 SF office suite with 8 offices plus lobby and common area
  • Condo fees are $796.84 per month
  • Built in 1986; construction materials include stucco

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 $38.3k $20.64
− Vacancy −$8.8k −$4.73
EGI $29.5k $15.91
− OpEx −$7.4k −$3.98
NOI $22.2k $11.94
1,856 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$316.5K
$276.9K – $369.2K (±1% cap)
NOI $22,152 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.9K
$322.8K – $430.4K (±1% cap)
NOI $25,826 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Elizabeth Osterday Strange Dental Office Kelley Kirwan Pediatrician Ronald Poulos Dental Office Roger Giesel Pediatrician Teresa Zeiser Physician

Suggested Use

Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Restaurant Law Firm Nail Salon Kitchen & Bath Showroom HVAC Service Hotel & Motel

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

FAQs

What type of property is this?
Office units - Office suite with eight offices, lobby and common area, plus two storage spaces in a well-maintained building.
Where is this office units located?
The property is located at 7655 Five Mile Road Anderson Twp, OH.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,856 SF office suite with 8 offices plus lobby and common area; Condo fees are $796.84 per month; Built in 1986; construction materials include stucco
Contact an agent
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