Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Zoned Commercial Build-to-Suit Lot Title is generated by Realmo AI

    8171 Camargo Road, Madeira, OH 45243

    View on Map
    Claim this Listing
    For Sale
    $399,900

    Cleared, ready-to-build commercial parcel with substantial road frontage for a variety of B-3 uses.

    Type:Land / Commercial Lot
    Property size:
    14,898 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $26/SF
    Added:
    Mar 23, 2026
    Days on Market:
    76
    Last Refresh:
    Jun 6 at 6:01 am

    Property Features for 8171 Camargo Road

    General Information

    Standard status
    Active
    Size
    14,898 SF
    Lot size
    0.34 Acres
    Property subtype
    Land / Commercial Lot

    We can help!

    Listing Contact
    Derek L Tye
    Derek L Tye

    Listing agent Derek L Tye License #2004003495

    Listing office Coldwell Banker Realty

    Listing date Mar 23, 2026

    Source Compass

    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 Coldwell Banker Realty

    HighLights

    • .342‑acre vacant commercial lot in Madeira, cleared and ready‑to‑build
    • 75 ft of road frontage on a heavily traveled commercial corridor
    • 208 ft depth to support build‑to‑suit concepts
    • Zoned B‑3 (Makers, Retailers & Auxiliary District)
    • Possible uses include medical/dental office, coffee shop, boutique retail, professional services, restaurant, drive‑thru, day spa, fitness studio, urgent care, or maker space

    Overview

    This is a cleared, ready-to-build commercial lot sized at 0.342 acres, offering 75 feet of road frontage and 208 feet of depth. The parcel is positioned for build-to-suit development and is presented as a vacant site suitable for a broad mix of commercial concepts.

    The property is located on a high-visibility commercial corridor in Madeira, Ohio, with drive-by access available at any time. The site’s configuration—frontage with deeper lot depth—supports a range of site plans, including options that accommodate customer-facing uses.

    Zoned B-3 (Makers, Retailers & Auxiliary District), the lot is presented for uses such as medical or dental office, coffee shop, boutique retail, professional services, restaurant, drive-thru concept, day spa, fitness studio, urgent care, and maker space. For the right operator or builder, this site offers the fundamental attributes for bringing a new concept online in a location intended for commercial activity.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Madeira
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.3503711
    Latitude
    39.1925935

    FAQs

    What type of property is this?
    Commercial land - Cleared, ready-to-build commercial parcel with substantial road frontage for a variety of B-3 uses.
    Where is this commercial land located?
    The property is located at 8171 Camargo Road Madeira, 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: .342‑acre vacant commercial lot in Madeira, cleared and ready‑to‑build; 75 ft of road frontage on a heavily traveled commercial corridor; 208 ft depth to support build‑to‑suit concepts
    (513) 478-3794
    We can help!
    Listing Contact
    Derek L Tye
    Derek L Tye
    Real Estate License ID: 2004003495
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8171 Camargo Road, Madeira, OH 45243
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!