185 Brookwood AveHamilton, OH 45013

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

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.

• 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

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

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