7202 Montgomery RdCincinnati, OH 45236

Property Details for 7202 Montgomery Rd

Year built

1950

Lot size

0.21 AC

Property size (Sq ft)

2,238 SF

Property type

Retail properties

Property subtype

Retail space

APN

602-0002-0231-00

APU

6020002023100

Description

This exceptional 2,250-square-foot flex space, located at 7202 Montgomery Road in Cincinnati, Ohio, presents a unique owner-user opportunity. Situated on a 0.21-acre lot in the heart of Silverton, this single-story, Class B building boasts a prime location at the corner of Montgomery and Alpine Roads, experiencing high daily traffic volume exceeding 12,000 vehicles. Built in 1950 and extensively renovated in 2020, the property features one building with twelve parking spaces, one loading dock, and one dock-high door. The interior offers a versatile layout combining warehouse and office space, with a ceiling height of nine feet. The property is zoned C-1 (Neighborhood Commercial), making it suitable for a variety of uses, including contracting and retail businesses. The net rentable area is 2,250 square feet, and the property includes all necessary amenities for a smooth operation. This is an excellent opportunity to acquire a well-maintained, strategically located commercial property in a thriving Cincinnati neighborhood. The Hamilton County location and convenient access to major roadways make this an attractive investment for owner-occupants seeking a blend of warehouse and office space. The asking price is $500,000. APN: 602-0002-0231-00.

• CAP approach

  CAP return

  Valuation

  6%

  $370,917

  6.5%

  $342,385

  7%

  $317,929

• Comparable approach

  Method

  Valuation

  Relative Method

  $700,402

  Geo Method

  $700,402

• Alternative Use

  Use

  Valuation

  Residential

  $288,814

  Hospitality

  $264,552

  Educational

  $220,105

  Medical

  $227,674

  Retail

  $342,385

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.1929

Longitude

-84.4015

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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