Office-Flex Building with
8830 Reading Road Cincinnati, OH 45215
New
For Sale
$425,000
Adaptable office/flex space includes full HVAC, six private offices, and a drive-in door for potential warehouse conversion.
Days on Market5
Property Features for 8830 Reading Road
General Information
Standard status
Active
Property subtype
Office - General Office
Listing Agency:
Lee & Associates Cincinnati
(513) 884-2665
Listed By:
Chas Cook · License ##2021008642
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 3:38AM
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
Investment Insights
Based on property information with market context.
This office-flex property offers an adaptable layout with six private offices, open work areas, and two private restrooms, supported by full HVAC. The building also includes approximately 1,140 square feet of additional basement storage. Clear height is 12 feet, and the exterior includes security lighting and available building signage.
The site has eight or more lined parking spaces and is located along Reading Road with visibility. The property is described as a short drive to I-75 and Ronald Reagan Cross County Highway.
A buyer may keep the current office configuration or convert approximately 1,600 square feet to warehouse use by reopening an existing 10' x 10' drive-in door.
The site has eight or more lined parking spaces and is located along Reading Road with visibility. The property is described as a short drive to I-75 and Ronald Reagan Cross County Highway.
A buyer may keep the current office configuration or convert approximately 1,600 square feet to warehouse use by reopening an existing 10' x 10' drive-in door.
Key Highlights
- 3,870 SF adaptable office/flex space on 0.27 acres in Cincinnati at 8830 Reading Road
- Existing layout includes six private offices, open work areas, and two private restrooms
- Full HVAC and approximately 1,140 SF basement storage included
Financial Insights For Flex RnD
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 | $46.4k | $12.00 |
| − Vacancy | −$3.3k | −$0.84 |
| EGI | $43.2k | $11.16 |
| − OpEx | −$15.1k | −$3.91 |
| NOI | $28.1k | $7.25 |
3,870 SF · lease $12.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$659.8K
$577.4K – $769.8K
NOI $46,189 @ 7.0% cap · market cap 10.87%
Second Best
Flex RnD
$401.0K
$350.9K – $467.9K
NOI $28,073 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$837.2K
$732.5K – $976.7K
NOI $58,601 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Stirred Not Shaken — 216 W Benson St, Reading, OH 45215
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable office/flex space includes full HVAC, six private offices, and a drive-in door for potential warehouse conversion.
Where is this flex space located?
The property is located at 8830 Reading Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,870 SF adaptable office/flex space on 0.27 acres in Cincinnati at 8830 Reading Road; Existing layout includes six private offices, open work areas, and two private restrooms; Full HVAC and approximately 1,140 SF basement storage included
