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Property profile & analytics
OFF-MARKET Estimated value $2,415,000
Office buildings

9435 Waterstone Blvd Cincinnati, OH 45249-8226

14,784 SF 5.71 ac lot Built 1999
Entity Owned ~ Est. High Equity
Property ID
US66-6252249
Property summary
AI-generated overview

This exceptional 2,398 square foot office space is immediately available for lease at 9435 Waterstone Boulevard in Deerfield Township, Warren County. Located within a larger 74,000 square foot office building, this suite (Suite 240) offers a versatile layout suitable for a variety of uses, including traditional office, executive office, coworking, medical office, or creative office settings. The space is part of a multi-tenant building, providing a collaborative and professional environment. The lease term extends until January 31st, 2028, offering long-term stability. The gross rent is $16.00 per square foot. A significant advantage is Deerfield Township's absence of an earnings tax, offering considerable financial benefits. The building boasts a convenient conference room for tenant use, enhancing productivity and collaboration. The property enjoys easy access to I-71, ensuring seamless commutes for employees and clients. This is a rare opportunity to secure high-quality office space in a desirable location with excellent amenities and accessibility. The building offers a total of 74,000 square feet of office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1999
Construction FRAME
Total area 14,784 SF
Lot 5.71 ac (248,945 SF)
APN 16-26-272-008-0
UPID US66-6252249
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
  • A Plus Custom Vending Big Box & Wholesale Store
  • Lighthouse Outdoor Lighting and Audio of Cincinnati Landscaping
  • FrameWork MI, Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Nitco Engineering Company Engineering Consultant
  • Margery J. Shupe, EDD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.90M
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.42M
Owner & transaction history
Waterstone Partners LLC
Waterstone Partners LLC
since 2025
4 recorded transactions
2025
Price N/A
2014
$2.8M
2006
$8.3M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.7M +72.8%
Restaurant $2.5M +56.8%
Medical building $1.7M +9.4%
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