Medical Office Building with
872 Ohio Pike Cincinnati, OH 45245
For Sale
Contact for pricing
Well-lit parking for 50+ cars and a medical-ready building with prominent frontage on a major throughfare.
Property Size5,954 SF
Lot Size2.87 Acres
Price / SF$159.39
Days on Market244
Property Features for 872 Ohio Pike
General Information
- Standard status
- Active
- Size
- 5,954 SF
- Lot size
- 2.87 Acres
- Property subtype
- OFFICE
Listing Agency:
J. A. Trautmann Realtors
(513) 315-8629
Listed By:
Ben Trautmann
(513) 315-8629
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 25
Last Checked: Jul 26 at 1:48PM
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 J. A. Trautmann Realtors
Investment Insights
Based on property information with market context.
This medical office building offers 5,954 square feet designed for turnkey medical services. The site is built around a well-lit parking area with capacity for 50+ stalls, providing room to support the existing building as well as potential future development through expansion or a second structure. The property also features large, backlit pylon signage and approximately 500 feet of frontage on a major throughfare.
The frontage benefits from exposure on a road carrying 45,000+ ADT, and the property is located about 1.2 miles from I-275 and under 2 miles from numerous amenities.
The building layout is intended for healthcare use, with the option to retrofit for other purposes if needed.
The frontage benefits from exposure on a road carrying 45,000+ ADT, and the property is located about 1.2 miles from I-275 and under 2 miles from numerous amenities.
The building layout is intended for healthcare use, with the option to retrofit for other purposes if needed.
Key Highlights
- 5,954 SF medical building on 2.87 acres with parking for 50+ vehicles.
- 500' frontage on a major throughfare with 45,000+ ADT and a large, backlit pylon sign.
- Well‑lit parking area designed to support current use and future development.
Financial Insights For Healthcare Medical
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 | $125.0k | $21.00 |
| − Vacancy | −$10.0k | −$1.68 |
| EGI | $115.0k | $19.32 |
| − OpEx | −$46.0k | −$7.73 |
| NOI | $69.0k | $11.59 |
5,954 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$986.0K
$862.7K – $1.15M
NOI $69,019 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,850 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Noor U. ...
Physician
Eastside Urgent Care
Medical Clinic
Dr. Bhadra Parikh, ...
Pediatrician
Premier Vein Center ...
Medical Clinic
FAQs
What type of property is this?
Medical center - Well-lit parking for 50+ cars and a medical-ready building with prominent frontage on a major throughfare.
Where is this medical center located?
The property is located at 872 Ohio Pike Cincinnati, OH.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 5,954 SF medical building on 2.87 acres with parking for 50+ vehicles.; 500' frontage on a major throughfare with 45,000+ ADT and a large, backlit pylon sign.; Well‑lit parking area designed to support current use and future development.
