Mixed-Use Property with
8384 Old 3c Highway, Maineville, OH 45039
For Sale
$295,000
Business zoning, a private second-floor office, and separate workshop space offer a flexible commercial layout.
Property Size1,318 SF
Price / SF$223.82
Days on Market57
Property Features for 8384 Old 3c Highway
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Road Access
Building Details
Building Size
Year Built
Listing Agency:
Comey & Shepherd
(513) 489-2100
Listed By:
Janelle A. Sprandel
(513) 236-9928
Source:
Falgnerrealty
Added: Sep 14
Changed: Nov 8
Last Checked: Nov 8 at 6:08AM
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 Comey & Shepherd
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1957, this mixed-use property provides 1,318 SF of retail and office area, including a private office on the second floor. A walkout basement adds more than 700 SF of storage or workshop area. The detached workshop and garage measure 24 by 32 feet, and a circular driveway serves the property.
The property is on Old 3C Highway near Landen Park, with access onto the highway. Business zoning is in place.
The property is on Old 3C Highway near Landen Park, with access onto the highway. Business zoning is in place.
Key Highlights
- 1,318 SF of retail and office space
- Walkout basement with 700+ SF of storage or workshop area
- Detached 24x32 workshop/garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,654
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,080
$333.1K
Cap Rate 7%
$237,914
$237.9K
Cap Rate 9%
$185,044
$185.0K
Market Conditions
NOI Build-Up for 1,318 SF
Gross rent
$28.5K $21.60/SF
− Vacancy
−$1.8K −$1.38/SF
EGI
$26.6K $20.22/SF
− OpEx
−$10.0K −$7.58/SF
NOI
$16.7K $12.64/SF
Area
Warren County, OH
Vacancy
6.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,080
Cap Rate 7%
$237,914
Cap Rate 9%
$185,044
Alternative Uses
Best Use
Mixed Use
$237.9K
$208.2K – $277.6K
NOI $16,654 @ 7.0% cap · market cap 5.65%
Second Best
Retail
$183.9K
$160.9K – $214.5K
NOI $12,870 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$294.4K
$257.6K – $343.5K
NOI $20,608 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 45039, OH
27,529
Population
11,616
Households
2.4
Avg Household Size
40
Median Age
52%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
1,765
Density / Sq Mi
$111,774
Median Household Income
$56,410
Median Earnings
$1,554
Median Rent
$294,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Business zoning, a private second-floor office, and separate workshop space offer a flexible commercial layout.
Where is this mixed-use property located?
The property is located at 8384 Old 3c Highway Maineville, 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: 1,318 SF of retail and office space; Walkout basement with 700+ SF of storage or workshop area; Detached 24x32 workshop/garage
