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Property profile & analytics
FOR SALE
Office buildings

2860 Cooper Rd Cincinnati, OH 45241

16,212 SF 2.02 ac lot Built 1973
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-5679129
Property summary
AI-generated overview

This exceptional investment opportunity presents a multi-tenant industrial property located at 2860 Cooper Rd, Cincinnati, OH 45241. The 16,367 square foot building, constructed in 1973 and situated on a 2.02-acre lot, boasts 100% occupancy with three tenants. The property offers a compelling blend of office and industrial/warehouse space, catering to diverse business needs. Benefiting from recent renovations, this asset provides a strong cash flow with a 7.07% capitalization rate. Strategically located in the Village of Evendale, it enjoys convenient access to major transportation arteries, including I-75, I-275, Ronald Reagan Highway, and I-71, ensuring seamless logistics and accessibility. The sale is an all-cash transaction on an "as is, where is" basis. All offers must be submitted in writing and include details on the purchasing entity, price, terms, funding sources, and prior closing history. This is a rare opportunity to acquire a well-maintained, high-performing industrial property in a prime Cincinnati location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Total area 16,212 SF
Lot 2.02 ac (88,035 SF)
APN 611-0020-0136-00
UPID US66-5679129
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
Current use
Occupant on record · Public records
  • Cincinnati Bridge Association Association / Organization
  • It's A New Day Behavioral Daycare Tutoring Service Training Center
  • Rehab Medical of Cincinnati Medical Supply Store
  • Quality Composites Big Box & Wholesale Store Agricultural Supply
  • Coating Application Inc Powder Coating Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$990k
Owner & transaction history
Forn 2860 Cooper Road LLC · 3 yrs held
Forn 2860 Cooper Road LLC
since 2022
Last sale
$850,000
3 recorded transactions
2022
$850,000
2008
$840,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.6M +9.5%
Commercial (general) $1.4M +0.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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