5181 Natorp BlvdMason, OH 45040

  • Office buildings
  • 27,644 SF

Property Details for 5181 Natorp Blvd

Year built
1999
Construction
FRAME
Lot size
15.87 AC
Property size (Sq ft)
27,644 SF
Property type
Office buildings
APN
16-32-428-025-0
APU
16324280250

Description

Deerfield Crossing offers exceptional Class A office space in the desirable Deerfield Township submarket of Warren County. This six-story building boasts a striking design featuring a full-height glass atrium and floor-to-ceiling windows on all levels, maximizing natural light and creating a modern, inviting atmosphere. The property is conveniently located within walking distance of numerous on-campus amenities, offering employees easy access to a variety of services and conveniences. Building amenities include a substantial 6,000 square foot fitness center available at no cost to employees, a 100-person capacity conference center perfect for meetings and events, and a comfortable building lounge complete with café seating and convenient lunch service. The building's prominent location ensures excellent visibility from Mason-Montgomery Road, providing strong brand recognition opportunities. Furthermore, its strategic proximity to I-71 ensures easy access for employees and clients alike. The building features multiple tenancies, providing flexibility for businesses of various sizes. The Deerfield Township location offers the significant advantage of a 0% earnings tax, making it an attractive option for businesses seeking cost-effective and high-quality office space. This property represents a unique opportunity to secure premium office space in a thriving and amenity-rich environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,116,737
    6.5%
    $2,876,988
    7%
    $2,671,489
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,433,108
    Geo Method
    $3,433,108
  • Alternative Use

    Use
    Valuation
    Residential
    $3,567,465
    Hospitality
    $3,267,779
    Educational
    $2,718,754
    Medical
    $2,812,256
    Retail
    $4,229,172

Location Insight

City
Mason
County
Warren
State
Ohio
Latitude
39.2994
Longitude
-84.3175
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
$745,905
$833,018
$6,338,482
$7,171,500
-
$2,380,050
$18,109,950
$20,490,000

FAQs

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