Investment Overview
Astonish Commercial Real Estate Services is pleased to present 8000-8006 Blue Ash Road, a 4-unit income-producing property totaling 3,478 square feet offered via online auction on Crexi.com. Located in Deer Park, a suburb of Cincinnati, the property is situated on a 0.251-acre corner lot along Blue Ash Road and carries a forward pro-forma NOI of approximately $26,500, representing a capitalization rate of 35% at the starting bid.
Two of four units are currently on month-to-month leases, creating an immediate opportunity to execute new lease terms and mark rents to market in a submarket where demand for residential and retail income products along the Blue Ash corridor has remained resilient. The property's corner position and commercial classification carry long-term optionality.
Investment Highlights
- 4-Unit Income Property, 3,478 SF
- Pro Forma NOI ~$26,500
- 2 of 4 units currently on month-to-month leases; with immediate re-lease optionality
- Corner Position on Blue Ash Road — High-visibility commercial arterial with long-term redevelopment and repositioning optionality
- Blue Ash Corridor Location — Direct access to I-71 and I-275; adjacent to one of the Cincinnati MSA's most active office and employment corridors
- Deer Park, Hamilton County — Mature, income-qualified submarket with consistent residential demand and limited new supply competition
- Minutes from the Kenwood submarket and Kenwood Towne Center, the number one regional mall in Cincinnati