Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    2339 Harris Ave Cincinnati, OH 45212

    • Manufacturing properties
    • 1.05 lot acres
    For Lease
    View listing
    Value Estimations
    $240,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1139659
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 2339 Harris Ave

    Lot size
    1.05 lot acres
    Property type
    Manufacturing properties
    APN
    651-0022-0110-00
    APU
    6510022011000

    Description

    This exceptional Class A executive office building, situated on a generous 5.9-acre lot in Hamilton County, presents a unique opportunity for a single tenant to occupy the entire 75,000 square foot space. The building boasts a modern design and is currently entirely vacant, allowing for complete customization to suit a discerning tenant's specific needs. The ample lot size provides significant potential for future expansion or additional amenities. Parking is readily available with a generous 5 spaces per 1000 square feet ratio, ensuring convenient access for employees and clients. The property's "Executive Office" subtype signifies a high-end, sophisticated environment ideal for businesses seeking a prestigious address and a professional image. The building's single-tenant occupancy offers unparalleled privacy and control over the entire premises. This is a rare opportunity to secure a substantial, high-quality office space in a desirable Hamilton County location. The property's size and features make it suitable for a wide range of businesses, from corporate headquarters to large professional practices. The building's Class A designation reflects its superior construction, modern amenities, and prime location. Interested parties are encouraged to inquire for further details and to schedule a viewing of this exceptional property. The entire 75,000 square feet is available for immediate lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4483
    Latitude
    39.1627
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,596
    $34,993
    $0.00
    $34,993
    -
    $99,980
    $0.00
    $99,980

    Comparable in this City

    • Value Estimation
      $230,000
      0.09 Acres

      4932 Beech St

      FOUNDRY, INDUSTRIAL PLANT • 0.09 Acres
      4932 Beech St, Cincinnati, OH 45212-2316
      View Details
    • Value Estimation
      $235,000
      0.07 Acres

      4918 Beech St

      FOUNDRY, INDUSTRIAL PLANT • 0.07 Acres
      4918 Beech St, Cincinnati, OH 45212-2316
      View Details
    • Value Estimation
      $245,000
      0.29 Acres

      4900 Beech St

      FACTORY (MANUFACTURING) • 0.29 Acres
      4900 Beech St, Cincinnati, OH 45212-2316
      View Details
    • Value Estimation
      $230,000
      0.17 Acres

      4915 Beech St

      FACTORY (MANUFACTURING) • 0.17 Acres
      4915 Beech St, Cincinnati, OH 45212-2315
      View Details
    • Value Estimation
      $245,000
      0.36 Acres

      4900 Beech St

      FACTORY (MANUFACTURING) • 0.36 Acres
      4900 Beech St, Cincinnati, OH 45212-2316
      View Details
    • Value Estimation
      $240,000
      0.19 Acres

      4900 Beech St

      FACTORY (MANUFACTURING) • 0.19 Acres
      4900 Beech St, Cincinnati, OH 45212-2316
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,847 SF

      Cincinnati Warehouse on 5.71 Acres

      83,066 +/- SF warehouse on 5.71 acres.
      6000 Fernview Ave, Cincinnati, OH 45212
      View Details
    • Contact for pricing
      83,066 SF

      Cincinnati Warehouse & Land Opportunity

      83,066 SF Warehouse, 5.71 Acres, Multi-Building
      6000 Fernview Ave, Cincinnati, OH 45212
      View Details
    • $549,000
      3 SF

      Industrial/Flex Building Near Rookwood

      3,420 SF industrial/flex building in Norwood, OH for sale.
      2577 Duck Creek Rd, Cincinnati, OH 45212
      View Details
    • $750,000
      6,000 SF

      Daycare Near UC and Hospitals

      Established daycare property with long-term lease near university and hospitals.
      2651 Highland Ave, Cincinnati, OH 45212
      View Details
    • $299,900
      Pending

      Updated Four-Unit Building

      Meticulously maintained four-unit building with updated units and new roof.
      1932 Truitt Ave, Cincinnati, OH 45212
      View Details
    • $379,500
      Pending

      Norwood Multifamily Property For Sale

      Fully rented 4-unit building in high-demand Norwood, Ohio.
      2141 Hannaford Ave, Cincinnati, OH 45212
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      39,375 SF

      Industrial Space with Central Location

      39,375 SF industrial space with easy highway access.
      2940 Highland Ave, Cincinnati, OH 45212
      View Details
    • Contact for pricing
      1 SF

      Central Pointe: Norwood Office/Flex

      Class A Office/Flex space, prime Cincinnati location.
      0 Ross Ave, Norwood, OH 45212
      View Details
    • $13 SF/Yr
      72,028 SF

      Central Parke III Office Suites

      Class-A Office Space in Norwood, OH
      4650 Montgomery Rd, Cincinnati, OH 45212
      View Details
    • $13 SF/Yr
      18,500 SF

      Available Office Space with Parking

      18,500 RSF office space with ample parking available for rent.
      4850 Smith Rd, Cincinnati, OH 45212
      View Details
    • $16 SF/Yr
      1,202 SF

      Retail Space with Open Layout

      Retail space featuring natural light and high traffic location.
      5230-5232 Montgomery Rd, Cincinnati, OH 45212
      View Details
    • $12 SF/Yr
      2,585 SF

      Creative Office Space Available

      Creative office space in LEED Certified building for rent.
      5050 Section Ave, Cincinnati, OH 45212
      View Details
    Request Owner's contact information
    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.
    2339 Harris Ave
    Cincinnati, OH 45212
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.