Property profile

3440 Kemper Rd Cincinnati, OH 45241

OFF-MARKET
Industrial properties
Property ID
US66-0158779
8.31 ac lot Built 1997
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 69,148-square-foot warehouse, located at 3440 E Kemper Rd in Cincinnati, Ohio, presents a significant investment opportunity. Priced at $8,660,000 ($125 per square foot), this vacant property boasts a substantial 14.288-acre lot, including a surplus 4-acre site. Built in 1997, the warehouse features 25'-29' ceiling heights, five loading docks, and ten dock-high doors, complemented by four drive-in doors. Ample parking is provided with 80 spaces, plus over 30 trailer parking spaces. The property benefits from excellent highway access, situated minutes from I-75 and I-275, with I-275 highway frontage. Security features include a fenced perimeter and electronic gated access with a guard shack. Internal features include exhaust fans and floor drains throughout, including an oil/water separator. The property's size and features offer significant potential for multi-tenant occupancy. The Hamilton County location, with APN 608-0019-0025-00 and 608-0028-0009-00, and its proximity to major transportation arteries make this an ideal location for various industrial uses. This is a rare opportunity to acquire a large, well-maintained warehouse in a prime Cincinnati location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1997
Lot 8.31 ac (362,201 SF)
APN 608-0028-0009-00
UPID US66-0158779

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage

Location

3440 Kemper Rd Cincinnati, OH 45241-2007
Cincinnati metro Census 23001 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.65M

Owner & transaction history

since 2020
Last sale
$8.4M
5 recorded transactions
2020
$7.1M
2014
Price N/A
2006
$4.7M
2000
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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