This exceptional medical office suite, located at 11135 Montgomery Rd in Cincinnati, Ohio, presents a fantastic opportunity for healthcare professionals. The property is a newly built-out space totaling 1,714 square feet, ideal for a variety of medical practices. Currently, there is one available suite measuring 1,528 square feet within a larger multi-tenant building situated in Hamilton County. The building offers ample parking for patients and staff, a significant advantage in a busy area. Its convenient location provides easy access to major roadways, including Interstates 275 and 71 South, ensuring excellent accessibility for clients. The property boasts high visibility on Montgomery Road, enhancing its marketing potential. A key benefit is its proximity to Christ Hospital - Montgomery, directly across the street, creating a synergistic environment and potentially attracting patients from the hospital. Building signage is available, further increasing the property's visibility and branding opportunities. The property type is classified as an office building with a medical office subtype. The total vacant space within the building is 3,242 square feet. The zip code is 45249.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$769,150
6.5%
$709,985
7%
$659,271
Comparable approach
Method
Valuation
Relative Method
$847,224
Geo Method
$847,224
Alternative Use
Use
Valuation
Residential
$880,381
Hospitality
$806,424
Educational
$670,935
Medical
$694,010
Retail
$1,043,677
Location Insight
City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.2667
Longitude
-84.3329
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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