Central Parke III offers exceptional office space in Norwood, Ohio. This meticulously renovated Class-A office complex, completed in 2019, boasts three buildings strategically located off the Norwood Lateral in the heart of Greater Cincinnati. The property provides convenient access to a large millennial workforce. Multiple tenancy options are available, catering to diverse business needs. Suites range in size from 3,000 square feet to 20,749 square feet, offering flexibility for businesses of all scales. The available spaces are suitable for a variety of uses, including traditional office, executive office, coworking, medical office, and creative office settings. The property's prime location within Hamilton County ensures easy access to major transportation routes and a vibrant business community. This is an excellent opportunity to secure high-quality office space in a thriving area with a strong workforce. Contact us today to learn more about the available suites and explore the possibilities for your business. The property is situated at 4650 Montgomery Rd, Cincinnati, OH 45212.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$10,149,359
6.5%
$9,368,639
7%
$8,699,450
Comparable approach
Method
Valuation
Relative Method
$10,711,263
Geo Method
$10,711,263
Alternative Use
Use
Valuation
Residential
$11,617,112
Hospitality
$10,641,212
Educational
$8,853,364
Medical
$9,157,845
Retail
$13,771,899
Location Insight
City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.1611
Longitude
-84.4551
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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