6283 Tri Ridge BlvdLoveland, OH 45140

Property Details for 6283 Tri Ridge Blvd

Year built

1995

Lot size

25.62 AC

Property size (Sq ft)

6,350 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

18-25-18K-063

APU

182518K063

Description

This exceptional Clermont County commercial property at 6283 Tri Ridge Blvd offers a versatile 13,000 square foot space ideal for a variety of businesses. The property features approximately 8,000 square feet of finished, "plug & play" office space, perfectly suited for immediate occupancy. In addition, there is 5,000 square feet of dedicated laboratory space, comprised of five individual labs. This lab space is equipped to simulate production and manufacturing operations, offering a unique opportunity for research and development or specialized manufacturing. The building utilizes a highly efficient HVAC system, incorporating hot water heating and chilled water cooling, managed by a Variable Air Volume (VAV) system with Siemens controls. The robust laboratory infrastructure includes three 40 hp, 40,000 cfm exhaust fans with variable frequency drives, and two 40 hp, 170 scfm @ 125 psig Sullair air compressors, also equipped with variable frequency drives and rotary screws with oil lubrication. The property is currently available for multiple tenants. This is a rare opportunity to secure a high-quality, well-equipped office and laboratory space in a prime Clermont County location. Two spaces are immediately available. The property's features make it suitable for traditional office, executive office, coworking, medical office, and creative office uses. Contact us today to learn more about this unique opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,050,490

  6.5%

  $969,683

  7%

  $900,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,222,340

  Geo Method

  $1,222,340

• Alternative Use

  Use

  Valuation

  Residential

  $969,683

  Hospitality

  $888,224

  Educational

  $738,992

  Medical

  $764,407

  Retail

  $1,149,543

Location Insight

City

Loveland

County

Clermont

State

Ohio

Latitude

39.2248

Longitude

-84.2863

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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