860 Washington BlvdHamilton, OH 45013

  • Office properties
  • 1,459 SF
For Sale
$70,000 View listing

Property Details for 860 Washington Blvd

Year built
1997
Property size (Sq ft)
1,459 SF
Property type
Office properties
Property subtype
Other office properties
APN
P6600-140.000-028
APU
P6600140000028

Description

This 1,300-square-foot office condominium is located in the Eden Roc Professional Offices in Hamilton, Ohio, at 860 NW Washington Boulevard. The single-story building, constructed in 1997, offers a customizable open floor plan with a private entry and ample parking. The property benefits from excellent signage opportunities on the building's marquee and is surrounded by a vibrant mix of retail and dining establishments. Its convenient location places it minutes away from Kettering Health - Hamilton, making it ideal for professionals needing easy access to healthcare services. The monthly HOA fee of $284.45 covers exterior maintenance, snow removal, and landscaping, minimizing ongoing maintenance responsibilities for the owner. The asking price for this well-situated office space is $70,000, translating to a price per square foot of $53.85. This presents a compelling opportunity to acquire low-maintenance office space in a thriving Hamilton location. The property is easily accessible and offers a convenient location for both employees and clients.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $172,633
    6.5%
    $159,353
    7%
    $147,971
  • Comparable approach

    Method
    Valuation
    Relative Method
    $181,193
    Geo Method
    $181,193
  • Alternative Use

    Use
    Valuation
    Residential
    $197,598
    Hospitality
    $180,999
    Educational
    $150,589
    Medical
    $155,768
    Retail
    $234,249
860 Washington Blvd, Hamilton, Ohio

Location Insight

City
Hamilton
County
Butler
State
Ohio
Latitude
39.4272
Longitude
-84.5912
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
$1,357
$7,000
$22,890
$29,890
-
$20,000
$65,390
$85,390

FAQs

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