11135 Montgomery RdCincinnati, OH 45249

  • Medical offices
  • 6,822 SF
For Lease
$22/SF/YR View listing

Property Details for 11135 Montgomery Rd

Year built
1998
Lot size
0.54 AC
Property size (Sq ft)
6,822 SF
Property type
Medical offices
Property subtype
Medical centers
APN
620-0210-0678-00
APU
6200210067800

Description

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

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
$27,839
$106,796
$256,830
$363,626
-
$305,130
$733,800
$1,038,930

FAQs

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