11237 Cornell Park DrBlue Ash, OH 45242

  • Office buildings
  • 0.73 AC
For Sale
$825,000 View listing

Property Details for 11237 Cornell Park Dr

Lot size
0.73 AC
Property type
Office buildings
APN
612-0200-0413-00
APU
6120200041300

Description

This exceptional 8,280-square-foot office building presents a unique opportunity in Blue Ash, Ohio. Situated on a 0.734-acre lot, this property boasts a serene park-like setting with stunning lake views. The building features a functional and open layout ideal for a variety of professional office users. Key features include a large conference room with a picturesque lakeside view, several private offices, spacious open areas perfect for workstations, a convenient kitchenette/break area, and multiple multi-use rooms for employee and client gatherings. Ample parking is available for staff and guests. The building's location at 11237 Cornell Park Drive in Cincinnati, Hamilton County, Ohio (zip code 45242) offers easy access to major roadways including I-275, I-71, and I-75. Blue Ash provides a vibrant mix of restaurants, retail, and entertainment options, creating a desirable live-work-play environment. This property is priced at $825,000 and represents a compelling investment opportunity in a thriving market. The address is conveniently located near the intersection of Cornell Road and Kenwood Road.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,603,798
    6.5%
    $3,326,582
    7%
    $3,088,970
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,969,609
    Geo Method
    $3,969,609
  • Alternative Use

    Use
    Valuation
    Residential
    $4,124,962
    Hospitality
    $3,778,444
    Educational
    $3,143,620
    Medical
    $3,251,734
    Retail
    $4,890,076

Location Insight

City
Blue Ash
County
Hamilton
State
Ohio
Latitude
39.2715
Longitude
-84.372
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
$8,124
$96,995
$21,766
$118,761
-
$277,130
$62,190
$339,320

FAQs

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