Building Details

Tenancy Multi

Listing Agency: Colliers - Cincinnati, Ohio

Listed By: Bill Keefer · License #OH 0000342681 Show Phone

Source: Crexi

Added: May 25, 2021 Changed: Aug 31 Last Checked: Sep 13 at 6:55AM

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Investment Insights

Based on property information with market context.

This site presents a unique opportunity for innovative companies seeking a location within a dynamic business neighborhood. It offers special benefits, incentives, and competitive advantages related to affordability and opportunity. Situated in Evendale, the site is located in the heart of the Innovation District, adjacent to GE Aviation, a leading provider of aircraft engines. The surrounding area boasts a workforce of over 50,000 scientists and engineers within a 50-mile radius. The district supports various mixed-use opportunities, including advanced manufacturing, research and development, professional offices, and training facilities. The State of Ohio has been recognized as second in the nation for aerospace manufacturing attractiveness. Ohio encompasses more than 17% of the total aviation and aerospace employment in the US. Designated by the DOD, Ohio is a "Defense Manufacturing Community," and the Southwest Ohio Aerospace Region (SOAR) has been granted one of 12 regions awarded "Advance Manufacturing Designations." Aerohub is geographically positioned to accelerate the success of various innovative operations, supported by skilled designers, engineers, researchers, and educators. It is suitable for those emerging, innovating, or looking to grow in collaborative opportunities within the advanced manufacturing industry.

Key Highlights

• Located in the heart of the Innovation District, adjacent to GE Aviation.
• Designated a "Defense Manufacturing Community" by the DOD and part of the Southwest Ohio Aerospace Region (SOAR).
• Ohio ranked 2nd in the nation for aerospace manufacturing attractiveness.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

585

Businesses Nearby

Explore this area Business Placement

Demographics for 45215, OH

30,993

Population

13,735

Households

2.3

Avg Household Size

38

Median Age

35%

College-Educated

92%

High-School Grad

12.0 sq mi

ZIP Area

2,583

Density / Sq Mi

$71,949

Median Household Income

$45,976

Median Earnings

$954

Median Rent

$200,100

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Land in dynamic business neighborhood near GE Aviation.

Where is this commercial land located?

The property is located at Aerohub Blvd Evendale, OH.

What is the asking price?

The asking price for this property is $140,000.

What are key features of this property?

This property features: Located in the heart of the Innovation District, adjacent to GE Aviation.; Designated a "Defense Manufacturing Community" by the DOD and part of the Southwest Ohio Aerospace Region (SOAR).; Ohio ranked 2nd in the nation for aerospace manufacturing attractiveness.