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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7840-7842 Camargo Rd Cincinnati, OH 45243

7,864 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 7840-7842 Camargo Rd in Madeira, OH, offers 7,864 square feet of space across two buildings on a 0.88-acre lot. Currently vacant, this property boasts 150 feet of road frontage and is ideally situated within Madeira's Designated Outdoor Refreshment Area (DORA) district, making it perfect for a restaurant or bar. The property includes 29 parking spaces and is zoned B-1 for Downtown District use, benefiting from its location within a Tax Increment Financing (TIF) Zone. Significant previous construction, including upgraded windows, plumbing, electrical, HVAC, roofing, framing, and lighting, has already been completed, with over $500,000 invested. A 1,100 square foot building is also present and could be removed to create additional parking. The interior features a finished basement for storage and a lower-level area suitable for entertainment or a bar. The new owner will only need to finish drywall and minor construction details. The City of Madeira is investing in infrastructure improvements along Camargo Road, including new sidewalks, street lamps, utility upgrades, and additional community parking lots, expected to be completed by the end of summer 2025. This prime location in the affluent Madeira/Indian Hill suburb of Cincinnati offers easy access to major highways and benefits from a high average household income and a strong local economy. The property includes a grease trap. This is an outstanding investment opportunity in a thriving community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,864 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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