9403 Kenwood RdBlue Ash, OH 45242

Property Details for 9403 Kenwood Rd

Lot size

3.41 AC

Property type

Office properties

Property subtype

Office buildings

APN

612-0060-0524-00

APU

6120060052400

Description

The Kenwood Professional Building, located at 9403 Kenwood Rd, Blue Ash, OH 45242, offers 57,738 square feet of versatile office space. This two-story building, constructed in 1972 and extensively renovated in 2023, is ideally situated off Highway 126 and near I-71, providing excellent accessibility. The property features a total of 47 suites, with a minimum divisible space of 500 square feet and a maximum contiguous space of 2,500 square feet. Currently, 13,994 square feet are available for lease, encompassing eight individual spaces ranging in size from 500 to 2,715 square feet. The building boasts a beautiful courtyard and benefits from daily cleaning services. The building is categorized as both Traditional Office and Medical Office space, making it suitable for a variety of professional uses. Its location in the Cincinnati submarket offers convenient access to a thriving business community. Interested parties should inquire about available suite sizes and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $16,737,298

  6.5%

  $15,449,813

  7%

  $14,346,255

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,436,254

  Geo Method

  $18,436,254

• Alternative Use

  Use

  Valuation

  Residential

  $19,157,768

  Hospitality

  $17,548,414

  Educational

  $14,600,074

  Medical

  $15,102,193

  Retail

  $22,711,226

Location Insight

City

Blue Ash

County

Hamilton

State

Ohio

Latitude

39.2267

Longitude

-84.3789

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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