4132 Mount Carmel Tobasco RdCincinnati, OH 45255

Property Details for 4132 Mount Carmel Tobasco Rd

Year built

1971

Construction

FRAME

Lot size

2.17 AC

Property size (Sq ft)

9,312 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

41-32-14E-270

APU

413214E270

Description

This exceptional 9,312 square foot daycare facility, located at 4132 Mt Carmel Tabasco Rd, Cincinnati, OH 45255, is situated on a 2.17-acre lot (APN: 41-32-14E-270) and presents a unique investment opportunity. Priced at $595,000 ($63.90/sq ft), the property offers a turnkey operation with high enrollment capacity. The facility boasts a spacious and modern layout, designed for optimal functionality with dedicated areas for classrooms, play areas, a nap room, and administrative spaces. State-of-the-art amenities and a bright, inviting atmosphere create a nurturing environment for children. Staff amenities include a fully equipped break room. The property's prime location in a sought-after neighborhood provides easy accessibility, ample parking, and proximity to schools and major transportation routes. Both sale and lease opportunities are available. This property offers a blend of social impact and financial potential, making it a rare and compelling investment. The property is ready for immediate operation.

• CAP approach

  CAP return

  Valuation

  6%

  $1,214,384

  6.5%

  $1,120,970

  7%

  $1,040,901

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,329,926

  Geo Method

  $1,329,926

• Alternative Use

  Use

  Valuation

  Residential

  $1,421,998

  Hospitality

  $1,302,542

  Educational

  $1,083,700

  Medical

  $1,120,970

  Retail

  $1,685,755

Location Insight

City

Cincinnati

County

Clermont

State

Ohio

Latitude

39.0776

Longitude

-84.2972

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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