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Renovated Second-Floor Office Suite

9392 Montgomery Road, Cincinnati, OH 45242

For Sale
New
Contact for pricing

The suite combines enclosed offices with shared open workspace and a kitchenette.

Property Size10,476 SF
Price / SF$0.01
Days on Market2

Property Features for 9392 Montgomery Road

General Information

Standard status Active
Size 10,476 SF
Class B
Property subtype Office
Lease Term MG

Space & Availability

Floor 2
Condition Newly Renovated

Additional Details

Highway Access Yes
Property Use Office

Amenities

Natural Light
Private Offices & Open Workspace
Break Room / Kitchenette

Building Details

Building Size 10,476 SF

Properties For Sale

at 9392 Montgomery Road
Second Floor
Size 1,950 SF
Type Office Building
Term Negotiable
Contact us
Listed By: Kristina Skurow · License #OH #SAL.2023006557
Source: Corfac
Added: Nov 6 Last Checked: Nov 6 at 2:44PM

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 Kristina Skurow

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Investment Insights

Based on property information with market context.

This 1,950 SF office suite occupies the second floor and has been renovated. Its layout includes private offices, open work area, and a break room with kitchenette. Natural light reaches the interior, and assigned parking is available. The suite is scheduled to become available in September 2026.

The property is on Montgomery Road in Cincinnati’s Montgomery/Kenwood corridor, with access to I-71, Ronald Reagan Cross County Highway, and I-275.

Key Highlights

  • Approximately 1,950 SF of second‑floor office space
  • Renovated suite with private offices and open workspace
  • Break room with kitchenette

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,273
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,460 $465.5K
Cap Rate 7%
$332,471 $332.5K
Cap Rate 9%
$258,589 $258.6K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$40.2K $20.64/SF
− Vacancy
−$9.2K −$4.73/SF
EGI
$31.0K $15.91/SF
− OpEx
−$7.8K −$3.98/SF
NOI
$23.3K $11.94/SF
Area
Cincinnati, OH
Vacancy
22.90%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,460
Cap Rate 7%
$332,471
Cap Rate 9%
$258,589

Alternative Uses

Best Use
Office B
$332.5K
$290.9K – $387.9K (±1% cap)
NOI $23,273 @ 7.0% cap · market cap 105,786.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$387.6K
$339.2K – $452.2K (±1% cap)
NOI $27,134 @ 7.0% cap · market cap 123,336.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

PSA Architects Architecture Firm

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby

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

Market

Properties on Market for Office Units in Cincinnati

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Cincinnati, OH

18% 2019
19.1% 2020
21.4% 2021
23.3% 2022
25.4% 2023
26.1% 2024
25.4% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite combines enclosed offices with shared open workspace and a kitchenette.
Where is this office unit located?
The property is located at 9392 Montgomery Road Cincinnati, OH.
What are key features of this property?
This property features: Approximately 1,950 SF of second‑floor office space; Renovated suite with private offices and open workspace; Break room with kitchenette
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Includes: Price & PSF · Cap rate · Location · Zoning

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