Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3621 Blue Rock Rd Cincinnati, OH 45247

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2.37 Acres, Build-to-Suit Ready

    Lot size:
    103,237 SF

    Property Features for 3621 Blue Rock Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    103,237 SF

    Spaces For Lease

    at 3621 Blue Rock Rd, Cincinnati, OH 45247 Contact us

    We can help!

    Listing Contact
    Clint Bradley
    Clint Bradley

    Listing Agency: Ken Perry Realty Listing Agent: Clint Bradley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial land offering comprises three contiguous parcels totaling 2.377 acres, strategically located at the intersection of Blue Rock Road and Hanley Road. The property boasts excellent visibility and accessibility, making it ideal for a variety of commercial developments. With a combined land area of 103,542 square feet, this site presents a unique opportunity for build-to-suit projects. The parcels are zoned for commercial use, simplifying the development process. The property's address encompasses 3621 Blue Rock Road, along with addresses on Hanley Road (3616 and 3605). The individual parcel numbers are 510-0082-0063-00; 510-0082-0066-00; and 510-0080-0088-00. This prime location offers significant potential for businesses seeking a high-profile presence in a thriving commercial area. The land is currently available for immediate development, presenting a rare opportunity to create a custom-designed commercial space tailored to specific business needs. The combined acreage provides ample space for a large-scale project or the potential for division into smaller, individual developments. Don't miss this chance to acquire a highly desirable commercial property in a prime location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.599882414319
    Latitude
    39.21349502799

    Nearby Similar for Lease

    • Contact for pricing

      PNC Center

      Flexible workspace in West Loop 200 S. Wacker
      201 5Th St, Cincinnati, OH 45202
      View Details
    • Contact for pricing

      Spaces Over The Rhine

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      1435 Vine St, Cincinnati, OH 45202
      View Details
    • Sponsored
      Contact for pricing

      OH, Cincinnati - Chester Rd

      Workspaces, services and support to help you work better in Frisco Square
      11260 Chester Rd, Cincinnati, OH 45246
      View Details
    • Contact for pricing

      OH, Cincinnati - Kemper Meadow Dr

      Discover many ways to work your way in San Antonio Airport
      1255 Kemper Meadow Dr, Cincinnati, OH 45240
      View Details
    • Contact for pricing

      OH, Cincinnati - Montana Ave

      Discover many ways to work your way in Pruneyard
      2300 Montana Ave, Cincinnati, OH 45211
      View Details
    • $3 SF/Yr
      29,800 SF

      Spacious Industrial/Flex Space Available

      29,800 SF industrial/flex space with highway access.
      415 Greenwell Ave, Cincinnati, OH 45238
      View Details
    • $800 /Mo
      15,000 SF

      Renovated Office Space Available

      Prime office space in a dynamic Montgomery commercial area.
      7800 Cooper Rd, Cincinnati, OH 45242
      View Details
    • $1,162 /Mo
      42,923 SF

      Springdale Office Space For Rent

      Office space in Springdale with great highway access and parking.
      155 Tri County Pkwy, Cincinnati, OH 45246
      View Details
    • $20 SF/Yr
      1,754 SF

      Retail/Office Space on Colerain Avenue

      Versatile 1,754 SF retail/office space in high-traffic Cincinnati location.
      Northgate Dr, Cincinnati, OH 45251
      View Details
    • $16 SF/Yr
      675 SF

      Furnished Office Space on Springfield

      675 SF furnished office space for lease on Springfield Pike.
      11503 Springfield Pike, Cincinnati, OH 45246
      View Details
    • $22 SF/Yr
      3,700 SF

      Retail/Office Space in Midtown Cincinnati

      3700 SF retail/office space at Court & Walnut, Cincinnati.
      39 E Court St, Cincinnati, OH 45202
      View Details
    • $2,220 /Mo
      3,844 SF

      Mount Lookout Retail/Office Space

      Retail and office spaces available in Mount Lookout Square.
      3152 Linwood Ave, Cincinnati, OH 45208
      View Details

    FAQs

    What type of property is this?
    Land - 2.37 Acres, Build-to-Suit Ready
    Where is this land located?
    The property is located at 3621 Blue Rock Rd Cincinnati, OH.
    What are key features of this property?
    This property features: 2.377-acre commercial land parcel available for development.; Single-tenant zoning.; Located at 3621 Blue Rock Rd, with frontage on Blue Rock Road and Hanley Road.
    (859) 866-8725 Call to check price and availability
    Request Owner's contact information
    3621 Blue Rock Rd Cincinnati, OH 45247
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3621 Blue Rock Rd
    Cincinnati, OH 45247
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3621 Blue Rock Rd Cincinnati, OH 45247
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Clint Bradley
    Clint Bradley
    Real Estate License ID: 248133
    (859) 866-8725
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!