11223 Cornell Park DrBlue Ash, OH 45242

  • Office properties
  • 17,040 SF
For Sale
$1,295,000 View listing

Property Details for 11223 Cornell Park Dr

Year built
1978
Lot size
0.99 AC
Property size (Sq ft)
17,040 SF
Property type
Office properties
Property subtype
Office buildings
APN
612-0200-0306-00
APU
6120200030600

Description

This exceptional executive office space at 11223 Cornell Park Drive in Blue Ash, Ohio offers a prime location within the CIN - North Central submarket. The building, totaling 15,370 square feet, underwent a complete renovation in 2022, ensuring modern amenities and a professional atmosphere. Currently, there is 6,360 square feet of vacant space available, with a minimum divisible unit of 924 square feet and a maximum contiguous space of 5,436 square feet. One immediately available suite offers 1,322 square feet, perfect for a growing business. The two-story building, constructed in 1978, provides ample parking with 87+ surface spaces, a ratio of 7.7 spaces per 1,000 square feet. The property is situated in Hamilton County and offers easy access to major transportation routes. This is an excellent opportunity for businesses seeking high-quality, renovated office space in a desirable Blue Ash location. The building's modern design and convenient amenities create an ideal environment for productivity and collaboration. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this thriving area. The property is zoned for office use and offers a flexible layout adaptable to various business needs. The ample parking ensures convenient access for employees and clients alike.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,921,184
    6.5%
    $1,773,400
    7%
    $1,646,729
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,116,198
    Geo Method
    $2,116,198
  • Alternative Use

    Use
    Valuation
    Residential
    $2,199,016
    Hospitality
    $2,014,287
    Educational
    $1,675,863
    Medical
    $1,733,499
    Retail
    $2,606,898
11223 Cornell Park Dr, Blue Ash, Ohio

Location Insight

City
Blue Ash
County
Hamilton
State
Ohio
Latitude
39.2705
Longitude
-84.3715
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
$12,165
$114,293
$63,000
$177,293
-
$326,550
$180,000
$506,550

FAQs

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