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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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