7849 Harrison AveCleves, OH 45002

  • Office properties
  • 15.07 AC
For Lease
$0.06/SF/YR View listing

Property Details for 7849 Harrison Ave

Lot size
15.07 AC
Property type
Office properties
Property subtype
Office buildings
APN
510-0440-0070-00
APU
5100440007000

Description

This exceptional Cleves, Ohio industrial property presents a compelling investment opportunity. Located at 7849 Harrison Ave, 45002, in Hamilton County, this expansive site encompasses 12.5 acres of flat land, ideal for various commercial and industrial uses. The property features two existing buildings, offering a combined 5,900 square feet of space, divided into two suites. The buildings are suitable for a variety of tenants, providing flexibility for diverse business needs. The large acreage provides significant expansion potential, allowing for future development or accommodating substantial storage requirements. The property's location in Cleves offers convenient access to major transportation routes, enhancing logistical efficiency for businesses. This is a rare opportunity to acquire a substantial industrial property with existing buildings and significant land in a desirable location. The property's versatility makes it suitable for a range of industrial and commercial enterprises seeking a strategic location in Hamilton County, Ohio. The flat terrain simplifies development and construction, minimizing site preparation costs. This property is ready for immediate occupancy or future expansion, presenting a strong return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $96,941,872
    6.5%
    $89,484,808
    7%
    $83,093,032
  • Comparable approach

    Method
    Valuation
    Relative Method
    $81,524,400
    Geo Method
    $81,524,400
  • Alternative Use

    Use
    Valuation
    Residential
    $110,961,160
    Hospitality
    $101,639,824
    Educational
    $84,563,144
    Medical
    $87,471,400
    Retail
    $131,542,664
7849 Harrison Ave, Cleves, Ohio

Location Insight

City
Cleves
County
Hamilton
State
Ohio
Latitude
39.2132
Longitude
-84.6977
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,002
$137,970
$197,141
$335,111
-
$394,200
$563,260
$957,460

FAQs

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