7501 Gracely Dr Cincinnati, OH 45233-1191
This exceptional Cincinnati investment property, located at 7501 Gracely Dr, offers 7,400 square feet of versatile flex space across two buildings on a 1.5-acre lot. The main building boasts 5,000 square feet, divided into three bays (expandable to four), each featuring 16-foot ceilings, 14-foot commercial garage doors, and an entrance door. Two bays benefit from heating and a half-bath, with three additional rough-in bathrooms. A second building provides 2,400 square feet, including a one-bedroom apartment on the second floor. Built in 1972 and renovated in 2008, this property sits in a commercially zoned area, offering unlimited usage potential. The fully hard-surfaced lot allows for potential expansion with additional buildings. Benefiting from high visibility with frontage on Gracely Drive and Route 50, and a convenient location next to a McDonald's, this property presents a compelling investment opportunity. Note that the property is located within a flood zone. The asking price is $799,900.
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Wes-Par Rental Station Inc Rental Equipment Company
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
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.