Warehouse with Adjacent
For Sale
$1,425,000
9452 Cincinnati Columbus Rd, West Chester, OH 45241
Class A warehouse with two drive-in doors plus office space and ample parking.
Property Size11,976 SF
Price / SF$118.99
Days on Market143
Property Features for 9452 Cincinnati Columbus Rd
General Information
Standard status
Active
Size
11,976 SF
Class
Class A
Total Parking Spaces
31
Additional Details
Drive-In Doors
2
Building Details
Year Built
1984
Listing Agency:
Sibcy Cline, Inc.
Listed By:
Nat Comisar · License #2006000748
(513) 378-5801
Source:
Missyfriede
Added: Jun 3
Changed: Oct 1
Last Checked: Oct 7 at 5:47PM
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 Sibcy Cline, Inc.
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Investment Insights
Based on property information with market context.
The property offers a Class A warehouse setup with an adjacent office. The 8,400 square foot warehouse features metal construction and a membrane roof, along with two drive-in doors and bathrooms. The office component totals 2,150 square feet and includes two bathrooms, a kitchenette, private offices, conference rooms, a bullpen area, and basement storage, with brick construction and a shingle roof.
Parking is available for 31 vehicles. The layout combines loading and warehouse utility with dedicated office and support spaces, which can help streamline on-site operations and administrative functions.
This configuration can fit buyers looking for a single-site logistics and workplace environment. The presence of drive-in access, on-site restrooms, and functional office rooms supports businesses that need both distribution/warehouse capabilities and regular office activity in the same facility.
Parking is available for 31 vehicles. The layout combines loading and warehouse utility with dedicated office and support spaces, which can help streamline on-site operations and administrative functions.
This configuration can fit buyers looking for a single-site logistics and workplace environment. The presence of drive-in access, on-site restrooms, and functional office rooms supports businesses that need both distribution/warehouse capabilities and regular office activity in the same facility.
Key Highlights
- Class A warehouse built in 1984 with 8,400 SF warehouse space and 2 drive‑in doors
- 8,400 SF warehouse includes bathrooms and metal construction with membrane roof
- Adjacent 2,150 SF office with 2 bathrooms, kitchenette, multiple offices, conference rooms, and bullpen area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,207
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,464,140
$2.5M
Cap Rate 7%
$1,760,100
$1.8M
Cap Rate 9%
$1,368,967
$1.4M
Market Conditions
NOI Build-Up for 11,976 SF
Gross rent
$194.0K $16.20/SF
− Vacancy
−$4.5K −$0.37/SF
EGI
$189.5K $15.83/SF
− OpEx
−$66.3K −$5.54/SF
NOI
$123.2K $10.29/SF
Area
Hamilton County, OH
Vacancy
2.30%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,464,140
Cap Rate 7%
$1,760,100
Cap Rate 9%
$1,368,967
Alternative Uses
Best Use
Flex RnD
$1.76M
$1.54M – $2.05M
NOI $123,207 @ 7.0% cap · market cap 8.65%
Second Best
Office B
$1.61M
$1.41M – $1.88M
NOI $112,721 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$2.15M
$1.88M – $2.50M
NOI $150,294 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 45241, OH
24,380
Population
11,131
Households
2.2
Avg Household Size
44
Median Age
48%
College-Educated
95%
High-School Grad
17.5 sq mi
ZIP Area
1,393
Density / Sq Mi
$94,943
Median Household Income
$60,857
Median Earnings
$1,137
Median Rent
$292,000
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Class A warehouse with two drive-in doors plus office space and ample parking.
Where is this flex space located?
The property is located at 9452 Cincinnati Columbus Rd West Chester, OH.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Class A warehouse built in 1984 with 8,400 SF warehouse space and 2 drive‑in doors; 8,400 SF warehouse includes bathrooms and metal construction with membrane roof; Adjacent 2,150 SF office with 2 bathrooms, kitchenette, multiple offices, conference rooms, and bullpen area
