312 Elm StCincinnati, OH 45202

  • Office properties
  • 0.45 AC
For Lease
$13.50/SF/YR View listing

Property Details for 312 Elm St

Year built
1991
Lot size
0.45 AC
Property type
Office properties
Property subtype
Office buildings
APN
145-0001-0272-00
APU
1450001027200

Description

This exceptional Class A office building, located at 312 Elm St in Cincinnati, Ohio, offers a diverse range of flexible office spaces, perfect for businesses of all sizes. Built in 1992, the property boasts a total of 385,000 square feet, with a significant amount of vacant space currently available, totaling 108,137 square feet. Units range from a minimum of 1,402 square feet to a maximum contiguous space of 33,592 square feet, providing ample opportunity for businesses seeking expansion or relocation. The building is situated in Hamilton County, Ohio, with convenient access to the city's vibrant downtown core and major transportation routes. This multi-tenant property offers a professional environment, ideal for a variety of businesses. A key feature is the newly opened indoor/outdoor SkyTop Lounge, providing tenants with a unique amenity for hosting meetings, informal gatherings, or simply enjoying breathtaking panoramic views of the Cincinnati skyline, including iconic landmarks such as the Reds and Bengals stadiums and the Ohio River. This modern, well-maintained building presents a compelling opportunity for businesses seeking a prestigious and functional office space in a prime Cincinnati location. The property's address is 312 Elm St, Cincinnati, OH 45202.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,701,911
    6.5%
    $1,570,995
    7%
    $1,458,781
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,455,982
    Geo Method
    $2,455,982
  • Alternative Use

    Use
    Valuation
    Residential
    $1,948,033
    Hospitality
    $1,784,388
    Educational
    $1,484,590
    Medical
    $1,535,647
    Retail
    $2,309,362
312 Elm St, Cincinnati, Ohio

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.0989
Longitude
-84.5153
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
$1,079,760
$770,000
$11,891,068
$12,661,068
-
$2,200,000
$33,974,480
$36,174,480

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