This exceptional office property, located at 114 E 8th St in Cincinnati, OH, presents a rare opportunity to lease high-quality space in the heart of the city's vibrant downtown core. Built in 1905, this four-story building boasts a total of 16,400 square feet, with 7,000 square feet currently available for lease. The building offers a mix of executive and traditional office spaces, perfect for a variety of business needs. Two contiguous suites are immediately available: a 3,000 square foot space on the second floor and a 4,000 square foot space on the fourth floor. The property is situated in Hamilton County, offering easy access to major transportation routes and amenities. The lease is a full-service gross lease, with a competitive rate of $22.00 per square foot. This is an ideal location for businesses seeking a prestigious address and convenient access to the city's bustling commercial district. The building's classic architecture and modern amenities combine to create a sophisticated and productive work environment. Don't miss this chance to secure your business's future in this highly sought-after location. Contact us today to schedule a viewing.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,411,374
6.5%
$1,302,807
7%
$1,209,749
Comparable approach
Method
Valuation
Relative Method
$2,036,716
Geo Method
$2,036,716
Alternative Use
Use
Valuation
Residential
$1,615,481
Hospitality
$1,479,772
Educational
$1,231,153
Medical
$1,273,494
Retail
$1,915,126
Location Insight
City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.105
Longitude
-84.5116
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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