7074 Harrison AveCincinnati, OH 45247

Property Details for 7074 Harrison Ave

Lot size

2.34 AC

Property type

Investment properties

Property subtype

Live-work space

APN

510-0360-0426-00

APU

5100360042600

Description

This exceptional two-story medical office building, situated on a spacious 4.31-acre lot in Cincinnati's Forest Park/West submarket, presents a unique investment opportunity. Built in 2007, the property boasts a total of 25,600 square feet, currently featuring multiple tenants. The building's strategic location at 7074 Harrison Ave, zip code 45247, offers excellent visibility and accessibility. Currently, there is 1,500 square feet of vacant space available, ideal for a professional office or medical user. This space comprises approximately 2,400 square feet and is ready for immediate occupancy. The property is classified as both retail and office space, with a specific subtype designation of medical office and strip center. The single building is comprised of two stories, offering ample space for various medical practices or related businesses. The property's APN is 510-0360-0426. This is a rare opportunity to acquire a well-maintained, established medical office building in a thriving Cincinnati neighborhood. The available space offers a chance to expand your practice or establish a new presence in a high-demand area. Don't miss this chance to secure a prime location for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $15,052,632

  6.5%

  $13,894,737

  7%

  $12,902,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,658,687

  Geo Method

  $12,658,687

• Alternative Use

  Use

  Valuation

  Residential

  $17,229,474

  Hospitality

  $15,782,106

  Educational

  $13,130,527

  Medical

  $13,582,106

  Retail

  $20,425,264

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.2121

Longitude

-84.6747

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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