6725 Miami AveMadeira, OH 45243

  • Office buildings
  • 3,067 SF
For Lease
$12.95/SF/YR View listing

Property Details for 6725 Miami Ave

Year built
1998
Lot size
1.44 AC
Property size (Sq ft)
3,067 SF
Property type
Office buildings
APN
525-0003-0357-00
APU
5250003035700

Description

The Perin Office Building, a prestigious Class A property located at 6725 Miami Ave in Madeira, Ohio (zip code 45243), offers exceptional office space ideal for executive or medical practices. This single, two-story building, constructed in 1998 and renovated in 2012, boasts a total of 20,000 square feet situated on a 2.27-acre lot. Currently, 11,261 square feet of space is available, divisible into units ranging from 2,700 to 5,117 contiguous square feet, making it suitable for a variety of business needs. The building features abundant off-street parking, a single elevator, and is zoned for both office and medical uses. The property is situated in the CIN - Northeast Central submarket and offers a convenient location. Property taxes are $2.72 per square foot. This exceptional opportunity combines prime location, modern amenities, and flexible space options to create an ideal environment for your business. The building's excellent condition and recent renovations ensure a comfortable and productive workspace. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $345,790
    6.5%
    $319,191
    7%
    $296,392
  • Comparable approach

    Method
    Valuation
    Relative Method
    $380,891
    Geo Method
    $380,891
  • Alternative Use

    Use
    Valuation
    Residential
    $395,797
    Hospitality
    $362,548
    Educational
    $301,636
    Medical
    $312,009
    Retail
    $469,211

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.1851
Longitude
-84.364
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
$54,843
$91,392
$508,536
$599,928
-
$261,120
$1,452,960
$1,714,080

FAQs

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