Flex Warehouse with Fenced
8805 Lancaster Ave, Cincinnati, OH 45242
For Sale
Contact for pricing
Flex/warehouse with fenced concrete yard, 14’ clear height, and 1–2 drive-in doors plus office space.
Property Size5,850 SF
Lot Size0.73 Acres
Price / SF$145.13
Days on Market181
Property Features for 8805 Lancaster Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Drive-In Doors
Listing Agency:
Lee & Associates | Cincinnati
(513) 272-6800
Listed By:
Paul Schmerge · License OH #0000439660
(513) 305-5690
Source:
Moodyscre
Added: May 18
Changed: Oct 26
Last Checked: Nov 12 at 5:38AM
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
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Investment Insights
Based on property information with market context.
This flex/warehouse property offers a combined industrial and office setup totaling 5,850 SF, including 1,650 SF of office space. The warehouse includes 14’ clear height and features 1–2 drive-in doors to support straightforward loading and operations. Outside, the site includes a fenced concrete yard, providing secure outdoor work or storage space.
Set on 0.726 acres at 8805 Lancaster Ave in Cincinnati, the property’s configuration supports users looking for on-site office functionality alongside an enclosed warehouse and dedicated yard area.
Set on 0.726 acres at 8805 Lancaster Ave in Cincinnati, the property’s configuration supports users looking for on-site office functionality alongside an enclosed warehouse and dedicated yard area.
Key Highlights
- Total 1,850 SF with 1,650 SF of office space
- 0.726‑acre lot with a fenced concrete yard
- 14’ clear height in the flex/warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,923
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,018,460
$1.0M
Cap Rate 7%
$727,471
$727.5K
Cap Rate 9%
$565,811
$565.8K
Market Conditions
NOI Build-Up for 5,850 SF
Gross rent
$84.2K $14.40/SF
− Vacancy
−$5.9K −$1.01/SF
EGI
$78.3K $13.39/SF
− OpEx
−$27.4K −$4.69/SF
NOI
$50.9K $8.70/SF
Area
Cincinnati, OH
Vacancy
7.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,018,460
Cap Rate 7%
$727,471
Cap Rate 9%
$565,811
Alternative Uses
Best Use
Flex RnD
$727.5K
$636.5K – $848.7K
NOI $50,923 @ 7.0% cap · market cap 6.00%
Second Best
Warehouse
$488.9K
$427.8K – $570.4K
NOI $34,221 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,403 @ 7.0% cap · market cap 9.59%
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
14 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45242, OH
23,214
Population
9,587
Households
2.4
Avg Household Size
42
Median Age
70%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
1,707
Density / Sq Mi
$120,869
Median Household Income
$74,505
Median Earnings
$1,781
Median Rent
$421,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Cincinnati, OH
Properties on Market for Flex space in Cincinnati
Vacancy Rate% for Industrial in Cincinnati, OH
Similar Off Market Nearby
- Garnish Catering — 4171 Hunt Rd, Blue Ash, OH 45236
- Catch-a-Fire Pizza -Blue Ash — 9290 Kenwood Rd, Blue Ash, OH 45242
Frequently Asked Questions
What type of property is this?
Flex space - Flex/warehouse with fenced concrete yard, 14’ clear height, and 1–2 drive-in doors plus office space.
Where is this flex space located?
The property is located at 8805 Lancaster Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Total 1,850 SF with 1,650 SF of office space; 0.726‑acre lot with a fenced concrete yard; 14’ clear height in the flex/warehouse area
