Manufacturing facility, 8% cap rate, divisible space.
Property size:
432,429 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
This expansive Cincinnati industrial property, located at 8485 Broadwell Road, Hamilton County, OH 45244, offers 432,429 square feet of space, divisible down to 10,000-square-foot increments. The property boasts 118,633 square feet of office space, with 61,000 square feet situated on the second floor, and 313,796 square feet dedicated to manufacturing/warehouse use. Built in 1965 with additions in 1971, this brick and block structure features a steel-constructed penthouse and second-floor office space. Ceiling heights vary from 12 to 29 feet, supported by column spacing of 20'x20', 40'x40', and 50'x50'. The property includes four drive-in doors and 24 dock-high doors, along with 834 paved parking spaces. A significant advantage is the availability of rail service via Norfolk & Southern. The property sits on a 24-acre lot, with an additional 29 acres available for purchase. The building is fully sprinklered and features a new roof (2018), three transformers (3000 KVA, 2000 KVA, and 1500 KVA), a 360 KW generator, and a robust HVAC system including two natural gas boilers and a Trane chiller system. Recent renovations include upgrades to the sanitary treatment plant (2004), which is Ohio NPDES compliant. The asking price is $10,645,000, representing an 8% cap rate and a price per square foot of $24.60. The property is zoned for industrial use and offers direct access to I-275, benefiting from a location with no earnings tax. Amenities include men's and women's restrooms, a lunch/break room, and a kitchen.
Property Features for 8485 Broadwell Rd
General Information
Property type
Manufacturing properties
Square Feet
432,429 SF
Lot Size
1,045,440 SF
Building Details
Year Built/Renovated
1965/1971
HighLights
432,429 SF industrial building, divisible in 10,000 SF increments.
118,633 SF of divisible office space, including 61,000 SF on the second floor.
313,796 SF of manufacturing/warehouse space.
24‑acre site with an adjacent 29 acres available for purchase.
Multiple dock‑high and drive‑in doors (four total).
Manufacturing property - Manufacturing facility, 8% cap rate, divisible space.
Where is this manufacturing property located?
The property is located at 8485 Broadwell Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $10,645,000.
What are key features of this property?
This property features: 432,429 SF industrial building, divisible in 10,000 SF increments.; 118,633 SF of divisible office space, including 61,000 SF on the second floor.; 313,796 SF of manufacturing/warehouse space.
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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
8485 Broadwell Rd Cincinnati, OH 45244
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8485 Broadwell Rd, Cincinnati, OH
Frank Torbeck
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8485 Broadwell Rd, Cincinnati, OH
Frank Torbeck
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8485 Broadwell Rd, Cincinnati, OH
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8485 Broadwell Rd, Cincinnati, OH
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Frank Torbeck
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