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Property profile & analytics
FOR SALE
Industrial land

8485 Broadwell Rd Cincinnati, OH 45244

29.73 ac lot
Entity Owned 19-yr Hold Free & Clear
Property ID
US66-0099328
Property summary
AI-generated overview

This expansive Cincinnati industrial property, located at 8485 Broadwell Road, Hamilton County, OH 45244, offers 432,429 square feet of space, divisible down to 10,000-square-foot increments. The property boasts 118,633 square feet of office space, with 61,000 square feet situated on the second floor, and 313,796 square feet dedicated to manufacturing/warehouse use. Built in 1965 with additions in 1971, this brick and block structure features a steel-constructed penthouse and second-floor office space. Ceiling heights vary from 12 to 29 feet, supported by column spacing of 20'x20', 40'x40', and 50'x50'. The property includes four drive-in doors and 24 dock-high doors, along with 834 paved parking spaces. A significant advantage is the availability of rail service via Norfolk & Southern. The property sits on a 24-acre lot, with an additional 29 acres available for purchase. The building is fully sprinklered and features a new roof (2018), three transformers (3000 KVA, 2000 KVA, and 1500 KVA), a 360 KW generator, and a robust HVAC system including two natural gas boilers and a Trane chiller system. Recent renovations include upgrades to the sanitary treatment plant (2004), which is Ohio NPDES compliant. The asking price is $10,645,000, representing an 8% cap rate and a price per square foot of $24.60. The property is zoned for industrial use and offers direct access to I-275, benefiting from a location with no earnings tax. Amenities include men's and women's restrooms, a lunch/break room, and a kitchen.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 29.73 ac (1,295,126 SF)
APN 500-0083-0002-00
UPID US66-0099328
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
  • Gymnastics Central Gym & Fitness Center
  • FTI Buyer LLC Freight Service Logistics Company
  • The Futsal Factory - Forging Future Champions Sports Field & Court
  • Bidfta.com Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brl Dev Co LLC · 19 yrs held
Brl Dev Co LLC
since 2007
3 recorded transactions
2007
$600,000
2007
Price N/A
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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