Fully Equipped Body Shop For
For Sale
$650,000
8560 Vorhees Ln, Cincinnati, OH 45236
Body shop for sale with paint and color lab, two overhead doors, and secure outdoor storage on a double lot.
Property Size4,240 SF
Days on Market95
Property Features for 8560 Vorhees Ln
General Information
Standard status
Active
Size
4,240 SF
Property subtype
Big Box Retail
Additional Details
Business Included
Yes
Drive-In Doors
2
Building Details
Building Size
4,240 SF
Year Built
1970
Listing Agency:
Lee & Associates | Cincinnati
Listed By:
GARY FISHER · License #SAL.2013000801
(513) 658-3411
Source:
Thebrokerlist
Added: Jun 11
Changed: Sep 6
Last Checked: Sep 13 at 4:00AM
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.
This offering is a fully equipped body shop operation with secure outdoor storage on a double lot. The shop includes a color lab and paint room, two overhead doors, an approximately 350 SF office, a break room, and two restrooms. Additional space is included with a roughly 650 SF, two-car storage garage.
The property is positioned on a double lot, allowing for on-site storage alongside the service shop. It is being marketed as an ongoing, established 50+ year business that is still operating.
For buyers or operators looking to acquire a ready-to-run automotive repair business with core in-shop improvements in place, the combination of paint and prep functionality, multiple service door access, and dedicated storage supports day-to-day workflow. The included office and restroom facilities can support administrative needs and customer or employee use while the garage provides extra space for secure storage.
The property is positioned on a double lot, allowing for on-site storage alongside the service shop. It is being marketed as an ongoing, established 50+ year business that is still operating.
For buyers or operators looking to acquire a ready-to-run automotive repair business with core in-shop improvements in place, the combination of paint and prep functionality, multiple service door access, and dedicated storage supports day-to-day workflow. The included office and restroom facilities can support administrative needs and customer or employee use while the garage provides extra space for secure storage.
Key Highlights
- Fully equipped body shop with secure outdoor storage on a double lot
- Shop includes a color lab and paint room
- Two overhead doors for shop access
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
$48,883
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
7.52%
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%
$977,660
$977.7K
Cap Rate 7%
$698,329
$698.3K
Cap Rate 9%
$543,144
$543.1K
Market Conditions
NOI Build-Up for 4,240 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
$76.3K $18.00/SF
− Vacancy
−$6.5K −$1.53/SF
EGI
$69.8K $16.47/SF
− OpEx
−$20.9K −$4.94/SF
NOI
$48.9K $11.53/SF
Area
Cincinnati, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$977,660
Cap Rate 7%
$698,329
Cap Rate 9%
$543,144
Alternative Uses
Best Use
Retail
$698.3K
$611.0K – $814.7K
NOI $48,883 @ 7.0% cap · market cap 7.52%
Second Best
Industrial
$296.5K
$259.5K – $346.0K
NOI $20,757 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$842.9K
$737.5K – $983.3K
NOI $59,000 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Well-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Cincinnati, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cinn City Choppers — 7923 Blue Ash Rd, Cincinnati, OH 45236
- Kustom Emporium — 7923 Blue Ash Rd, Cincinnati, OH 45236
- Deer Park Auto Services — 3900 E Galbraith Rd, Cincinnati, OH 45236
- Burkes Towing Service — 8104 Plainfield Rd, Cincinnati, OH 45236
- Herb's Machine Shop & Auto — 4347 e galbraith rd, cincinnati, oh 45236
Frequently Asked Questions
What type of property is this?
Auto shop - Body shop for sale with paint and color lab, two overhead doors, and secure outdoor storage on a double lot.
Where is this auto shop located?
The property is located at 8560 Vorhees Ln Cincinnati, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully equipped body shop with secure outdoor storage on a double lot; Shop includes a color lab and paint room; Two overhead doors for shop access
