7939 Morris RdFairfield, OH 45011

Property Details for 7939 Morris Rd

Year built

1998

Lot size

1.99 AC

Property size (Sq ft)

17,376 SF

Property type

Office buildings

APN

A0300-011.000-019

APU

A0300011000019

Description

This exceptional 17,376 square foot Class B office building, situated on a 2-acre lot in Fairfield, Ohio, presents a compelling investment opportunity. Constructed in 1998, the property boasts a traditional office design with multiple tenancy options, currently including one available 700 square foot suite. The building's versatile layout is ideal for a variety of retail or office uses, making it suitable for diverse business needs. Located at 7939 Morris Road, this property benefits from a highly visible location off Tylersville Road and Route 4, ensuring excellent exposure to potential customers and clients. Ample parking is available for tenants and visitors, enhancing convenience and accessibility. The property also features prominent pylon signage, further increasing its visibility and brand recognition. The building has been well-maintained and recently updated, reflecting a commitment to quality and functionality. This property is located in Butler County, Ohio, with a zip code of 45011. The address is 7939 Morris Rd, Fairfield, OH.

• CAP approach

  CAP return

  Valuation

  6%

  $2,055,973

  6.5%

  $1,897,821

  7%

  $1,762,263

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,157,926

  Geo Method

  $2,157,926

• Alternative Use

  Use

  Valuation

  Residential

  $2,353,298

  Hospitality

  $2,155,609

  Educational

  $1,793,441

  Medical

  $1,855,120

  Retail

  $2,789,798

Location Insight

City

Fairfield Township

County

Butler

State

Ohio

Latitude

39.3627

Longitude

-84.5015

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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