7939 Morris RdFairfield, OH 45011

  • Office properties
  • 17,376 SF
For Lease
$12/SF/YR View listing

Property Details for 7939 Morris Rd

Year built
1998
Lot size
1.99 AC
Property size (Sq ft)
17,376 SF
Property type
Office properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
7939 Morris Rd, Fairfield, Ohio

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

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
$18,312
$143,210
$176,630
$319,840
-
$409,170
$504,670
$913,840

FAQs

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