Property profile

5609 Ctr Hl Ave Cincinnati, OH 45216

OFF-MARKET
Manufacturing properties
Property ID
US66-1453018
61,365 SF 3.51 ac lot Built 1963
Individually Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 61,635-square-foot warehouse, located at 5609 Center Hill Avenue in Cincinnati, Ohio, 45216, presents a significant opportunity for industrial businesses. The property boasts a single-tenant occupancy, offering complete control and flexibility. Completely renovated in 2021, the building is in pristine condition and ready for immediate occupancy. High ceilings, ranging from 12 to 20 feet, provide ample vertical space for storage and operations. Three dock-high doors ensure efficient loading and unloading of goods. The warehouse is equipped with robust power, featuring 800 amps of electrical service, capable of supporting demanding industrial operations. The property's strategic location in Cincinnati offers excellent access to major transportation routes, facilitating seamless logistics and distribution. This is a rare opportunity to secure a large, modern, and well-equipped warehouse in a prime Cincinnati location. The vacant space is ready for immediate lease. Contact us today to schedule a viewing.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1963
Total area 61,365 SF
Lot 3.51 ac (152,678 SF)
APN 238-0A04-0019-00
UPID US66-1453018

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

5609 Ctr Hl Ave Cincinnati, OH 45216-2305
Cincinnati metro Census 8000 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.96M
Blend (final) Blend
$640k

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2018
$650,000
2018
Price N/A
2016
Price N/A
2012
Price N/A
2007
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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