1251 Nilles RdFairfield, OH 45014

Property Details for 1251 Nilles Rd

Year built

1981

Lot size

0.24 AC

Property size (Sq ft)

4,284 SF

Property type

Office properties

Property subtype

Other office properties

APN

A0700-185.000-019

APU

A0700185000019

Description

This exceptional 200,000 dollar office space is situated in the desirable Clock Tower complex at 1251 Nilles Road, Unit 8, Fairfield, OH. The unit boasts a highly functional layout, perfect for a variety of professional uses. Features include a welcoming waiting room, a spacious reception area, and four private offices providing ample room for individual work and client meetings. A large conference room is ideal for presentations and collaborative sessions. A convenient kitchenette is included for staff and visitor use, along with a full bathroom and a half bathroom for added convenience. Additional storage areas offer practical solutions for organizational needs. The unit features a neutral dГ©cor, creating a professional and adaptable environment. The property benefits from ample parking, a significant advantage in a high-traffic area close to Route 4. The beautifully landscaped Clock Tower complex provides a pleasant and professional setting. A private deck at the rear of the unit overlooks a tree line, offering a tranquil outdoor space. Accessibility is enhanced by the absence of steps leading into the unit, making it convenient for all users. The property sits on a 0.18-acre lot.

• CAP approach

  CAP return

  Valuation

  6%

  $506,894

  6.5%

  $467,902

  7%

  $434,480

• Comparable approach

  Method

  Valuation

  Relative Method

  $532,030

  Geo Method

  $532,030

• Alternative Use

  Use

  Valuation

  Residential

  $580,199

  Hospitality

  $531,459

  Educational

  $442,167

  Medical

  $457,374

  Retail

  $687,816

Location Insight

City

Fairfield

County

Butler

State

Ohio

Latitude

39.3372

Longitude

-84.538

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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