4894 Rdg Ave, Cincinnati, OH 45209-1033
This exceptional .34-acre commercial land parcel presents a prime redevelopment opportunity in Cincinnati's thriving Oakley submarket. Located at 4894 Ridge Ave, this property boasts a highly visible location at the intersection of Ridge Avenue and the Kennedy Connector Interchange, ensuring strong traffic flow and excellent exposure. The site is zoned CC-M, allowing for a variety of commercial uses including dental, medical, office, and retail developments. The property includes 36 existing parking spaces, and an adjacent .11-acre lot with a billboard is available for purchase, offering potential for expanded parking or additional development. This strategic location benefits from convenient interstate access and is situated near recently constructed commercial buildings such as a Chipotle and Aspen Dental, indicating a strong and growing commercial presence in the immediate vicinity. The seller is motivated, offering a compelling opportunity for investors and developers seeking a high-profile location in a rapidly expanding area. The existing billboard offers a clear height of 18 feet. The APN is 0510003003700. This is a single-tenancy property. The price has been reduced.
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BANYON Hospital
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.