3475 Bend RdCincinnati, OH 45239

  • Office buildings
  • 2,884 SF
For Sale
$1,500,000 View listing

Property Details for 3475 Bend Rd

Year built
1988
Lot size
0.72 AC
Property size (Sq ft)
2,884 SF
Property type
Office buildings
APN
550-0071-0221-00
APU
5500071022100

Description

This exceptional 10,000-square-foot medical office building, located at 3475 N Bend Rd, Cincinnati, Ohio 45239, presents a compelling investment opportunity. Situated in Hamilton County, this property offers a unique chance to acquire a well-established medical facility. The asking price is $1,500,000, translating to a price per square foot of $150. The building's substantial size provides ample space for a variety of medical or dental practices, offering significant potential for growth and revenue generation. Its prime location in Cincinnati ensures high visibility and accessibility for patients and staff. The property's classification as a medical office building signifies its suitability for healthcare-related businesses, making it an attractive prospect for investors seeking stable, long-term returns in the healthcare real estate sector. This turnkey opportunity is ideal for those looking to expand their portfolio or establish a presence in a thriving market. The property's strong location and established use make it a low-risk, high-reward investment. Detailed financial information and property specifics are available upon request. Don't miss this chance to acquire a valuable asset in a desirable location. Contact us today to schedule a showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $341,242
    6.5%
    $314,993
    7%
    $292,493
  • Comparable approach

    Method
    Valuation
    Relative Method
    $358,164
    Geo Method
    $358,164
  • Alternative Use

    Use
    Valuation
    Residential
    $390,591
    Hospitality
    $357,779
    Educational
    $297,668
    Medical
    $307,906
    Retail
    $463,040

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.19
Longitude
-84.5974
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
$16,656
$45,339
$176,176
$221,515
-
$129,540
$503,360
$632,900

FAQs

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