Sign Up Successful!
You now have access to more from Realmo!
    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

    1250 Springfield Pike Cincinnati, OH 45215

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

    Newly renovated, 7,677 sqft office building

    Lot size:
    7,677 SF

    Property Features for 1250 Springfield Pike

    General Information

    Property type
    Office buildings
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,677 SF
    Class
    C
    Total Rate
    8316.75

    Spaces For Lease

    at 1250 Springfield Pike, Cincinnati, OH 45215 Contact us
    Unit Suite A

    $13 /Mo

    Size
    1,055 SF
    Contact us
    Unit Suite B

    $13 /Mo

    Size
    1,594 SF
    Contact us
    Unit Suite C

    $13 /Mo

    Size
    1,075 SF
    Contact us
    Unit Suite D

    $13 /Mo

    Size
    1,067 SF
    Contact us
    Unit Suite E

    $13 /Mo

    Size
    1,786 SF
    Contact us
    Unit Suite F

    $13 /Mo

    Size
    1,100 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Hayden Batchelor
    Hayden Batchelor

    Listing Agency: NAI Bergman Listing Agent: Hayden Batchelor

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 7,677 square foot Class C office building, located at 1250 Springfield Pike in Cincinnati, Ohio, presents a fantastic opportunity for businesses seeking modern, renovated space. Situated in Hamilton County, zip code 45215, this multi-tenant property offers ample room for various configurations to suit diverse operational needs. The building has undergone recent renovations, ensuring a contemporary and efficient workspace. The address provides convenient access to major transportation routes, enhancing accessibility for employees and clients alike. Ideal for companies seeking a functional and updated office environment in a well-established Cincinnati location. The property's classification as a Class C building reflects its competitive pricing and strong value proposition. This is a prime opportunity to secure a well-maintained and updated office space in a desirable area of Cincinnati, offering a blend of affordability and functionality. The multiple tenancy structure allows for flexibility in lease terms and space allocation, making it suitable for a range of business sizes and requirements. Detailed specifications and lease terms are available upon request. Don't miss this chance to establish your business in this renovated and conveniently located office building. Contact us today to schedule a viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Humbert Mortgage, Inc. Loan Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4712572
    Latitude
    39.2381874

    Nearby Similar for Lease

    • New
      Contact for pricing

      PNC Center

      Flexible workspace in West Loop 200 S. Wacker
      201 5Th St, Cincinnati, OH 45202
      View Details
    • New
      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
    • $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
    • $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
    • $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?
    Office building - Newly renovated, 7,677 sqft office building
    Where is this office building located?
    The property is located at 1250 Springfield Pike Cincinnati, OH.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Renovations/Furniture Negotiable; Flexible floor plans available; Prime Wyoming location
    (513) 823-0068 Call to check price and availability
    Request Owner's contact information
    1250 Springfield Pike Cincinnati, OH 45215
    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.
    1250 Springfield Pike
    Cincinnati, OH 45215
    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
    1250 Springfield Pike Cincinnati, OH 45215
    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 Hayden Batchelor
    Hayden Batchelor
    Real Estate License ID: SAL.2021004901
    (513) 823-0068 (513) 322-6318 (513) 769-1700
    Learn more
    Google sign-in failed. Please try again or use another login method.