7654 Montgomery RdCincinnati, OH 45236

  • Other commercial real estate
  • 2,000 SF
For Sale
$379,900 View listing

Property Details for 7654 Montgomery Rd

Year built
1962
Construction
FRAME
Lot size
0.32 AC
Property size (Sq ft)
2,000 SF
Property type
Other commercial real estate
APN
600-0211-0047-00
APU
6000211004700

Description

This exceptional three-story, Class B office building at 7654 Montgomery Road in Cincinnati, Ohio presents a unique ownership opportunity. Boasting 2,379 square feet of 100% occupied, net rentable space, this property offers a compelling investment at $159.69 per square foot. Built in 1962 and renovated in 2009, the building features a prominent monument sign with excellent visibility on Montgomery Road, ensuring high brand recognition. The convenient location provides immediate access to Kenwood Towne Centre, enhancing its appeal to both tenants and investors. Nine off-street parking spaces are available in the rear, addressing the parking needs of occupants. Situated on a 0.32-acre lot, this multi-tenant property is zoned for office use and offers a gross lease structure. The Hamilton County location, with its strong demographics and accessibility, makes this a highly desirable investment. The asking price is $379,900, representing a tremendous value in the Cincinnati commercial real estate market. The property's APN is 600-0211-0047-00. This is a rare chance to acquire a well-maintained, centrally located office building with significant upside potential. The property is currently fully occupied.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $258,101
    Hospitality
    $236,419
    Educational
    $196,698
    Medical
    $203,462
    Retail
    $305,974
7654 Montgomery Rd, Cincinnati, Ohio

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.196
Longitude
-84.3877
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
$6,556
$90,734
$33,457
$124,191
-
$259,240
$95,590
$354,830

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