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

    & 48 Stephens Rd Maineville, OH 45039

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Five-acre commercial lot, 12,000 sqft.

    Lot size:
    12,000 SF

    Property Features for & 48 Stephens Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Spaces For Lease

    at & 48 Stephens Rd, Maineville, OH 45039 Contact us

    We can help!

    Listing Contact
    Tc Bartoszek
    Tc Bartoszek

    Listing Agency: Lee & Associates Cincinnati Listing Agent: Tc Bartoszek

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

    Learn more

    Overview

    This exceptional five-acre commercial land parcel presents a unique investment opportunity in the thriving Maineville, Ohio market. Located at the intersection of Stephens Road and State Route 48, this strategically positioned property boasts high visibility and convenient access to major transportation routes, ensuring optimal exposure for any commercial venture. The expansive lot size offers significant development potential, with a total buildable area of 12,000 square feet. Zoned for commercial use, this property is ideal for a wide range of businesses seeking a prominent location in Warren County. The single-tenant configuration provides flexibility for development tailored to specific business needs. Priced at $150,000 per acre, with flexible pricing to be determined based on the specific development plan, this property offers a compelling return on investment. Its prime location in Maineville, Ohio, combined with its generous size and flexible development options, makes this an exceptional opportunity for discerning investors and developers. The property's address is Stephens Rd & 48, Maineville, OH 45039, situated in Warren County. Serious inquiries are encouraged to explore the possibilities of this remarkable commercial land offering.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Grocery & Convenience Store Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Maineville
    County
    Warren
    State
    Ohio
    Longitude
    -84.2202669
    Latitude
    39.3277179

    Nearby Similar for Lease

    • $22 SF/Yr
      3,200 SF

      Retail Space in Kroger Anchored Center

      Retail space in a Kroger-anchored shopping center for lease.
      2900 S 22, Maineville, OH
      View Details
    • $20 SF/Yr
      20,654 SF

      Kroger Anchored Retail Space

      Prime retail spaces with high visibility and accessibility.
      2902 S 22, Maineville, OH 45039
      View Details
    • Contact for pricing
      2,201 SF

      Restaurant Space in Shopping Center

      Second generation restaurant space in neighborhood shopping center available for rent.
      6064 Ohio 48, Maineville, OH
      View Details
    • Contact for pricing
      3,280 SF

      Retail Center Anchored by CVS

      41,909 SF retail center with excellent visibility.
      3116 Us 22, Maineville, OH
      View Details
    • Contact for pricing
      41,909 SF

      Maineville Retail Center Opportunity

      High-traffic retail space available in Ohio.
      3116 Us Rte 22, Maineville, OH 45039
      View Details
    • Contact for pricing
      20,750 SF

      Township Center Retail Spaces

      Prime Ohio Retail/Restaurant Opportunity
      6400 Oh-48, Maineville, OH 45039
      View Details

    FAQs

    What type of property is this?
    Land - Five-acre commercial lot, 12,000 sqft.
    Where is this land located?
    The property is located at & 48 Stephens Rd Maineville, OH.
    What are key features of this property?
    This property features: 1-2 acre corner lot at Stephens Rd & State Route 48, Maineville, OH.; Up to four 1-acre lots available.; Two 2,000 sq ft flex buildings possible.
    (513) 588-1840 Call to check price and availability
    Request Owner's contact information
    & 48 Stephens Rd Maineville, OH 45039
    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.
    & 48 Stephens Rd
    Maineville, OH 45039
    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
    & 48 Stephens Rd Maineville, OH 45039
    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 Tc Bartoszek
    Tc Bartoszek
    Real Estate License ID: #SAL.2014000103
    (513) 588-1840 (513) 535-0563 (513) 272-6800
    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!