4650 Montgomery RdCincinnati, OH 45212

  • Office buildings
  • 1.98 AC
For Lease
$13.50/SF/YR View listing

Property Details for 4650 Montgomery Rd

Year built
1996
Lot size
1.98 AC
Property type
Office buildings
APN
651-0023-0007-00
APU
6510023000700

Description

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

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
$243,866
$211,911
$2,032,212
$2,244,123
-
$605,460
$5,806,320
$6,411,780

FAQs

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