185 Brookwood AveHamilton, OH 45013

  • Office properties
  • 5,928 SF
For Lease
$12/SF/YR View listing

Property Details for 185 Brookwood Ave

Year built
1979
Lot size
0.09 AC
Property size (Sq ft)
5,928 SF
Property type
Office properties
Property subtype
Other office properties
APN
P6411-129.000-018
APU
P6411129000018

Description

This Hamilton, Ohio office building at 185 N Brookwood Ave, zip code 45013, offers 6,000 square feet of versatile space, currently with 3,000 square feet available for immediate occupancy. The property is ideally suited for medical, traditional office, or coworking uses, offering single-tenant occupancy. Built in 1979, the building has undergone significant recent renovations, including a new roof, windows, and interior and exterior paint. The common areas boast new flooring and updated restrooms. Four office suites, each measuring 1,482 square feet, are available. Suites 1 and 2 are contiguous, allowing for flexible leasing options—lease the entire building or individual suites. The property enjoys high visibility on Brookwood Avenue and benefits from its proximity to the new Spooky Nook sports complex and the thriving Downtown Hamilton area. The owner is open to negotiating both sale and lease options, considering offers for the entire building or individual suites. This presents a unique opportunity to acquire a well-maintained, updated office space in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $701,416
    6.5%
    $647,461
    7%
    $601,214
  • Comparable approach

    Method
    Valuation
    Relative Method
    $736,198
    Geo Method
    $736,198
  • Alternative Use

    Use
    Valuation
    Residential
    $802,852
    Hospitality
    $735,408
    Educational
    $611,851
    Medical
    $632,893
    Retail
    $951,768
185 Brookwood Ave, Hamilton, Ohio

Location Insight

City
Hamilton
County
Butler
State
Ohio
Latitude
39.4231
Longitude
-84.5856
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
$1,256
$5,250
$18,030
$23,280
-
$15,000
$51,500
$66,500

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