1060 Nimitzview DrCincinnati, OH 45230

  • Office buildings
  • 19,382 SF
For Lease
$14.50/SF/YR View listing

Property Details for 1060 Nimitzview Dr

Year built
1991
Lot size
1.36 AC
Property size (Sq ft)
19,382 SF
Property type
Office buildings
APN
500-0271-0123-00
APU
5000271012300

Description

This exceptional 2,632 square foot executive office building is located at 1060 Nimitzview Drive in Cincinnati, Ohio's desirable Anderson Township. Built in 1991, the single-tenant property boasts a spacious and functional layout, perfect for a variety of businesses. The entire 2,632 square feet is currently vacant and ready for immediate occupancy. The building features a desirable 9-foot ceiling height, creating a bright and airy atmosphere. Modern conveniences include an elevator for easy access to all levels. The property is zoned for office use, ensuring compliance with local regulations. Its strategic location within Anderson Township offers excellent accessibility and visibility, making it an attractive option for businesses seeking a prominent presence in a thriving commercial area. The property's single-tenant occupancy provides a unique opportunity for a business to establish its own identity and control its workspace. This is a rare opportunity to secure a well-maintained, functional office space in a highly sought-after location. The address is 1060 Nimitzview Dr, Cincinnati, OH 45230.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,585,800
    6.5%
    $2,386,892
    7%
    $2,216,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,407,050
    Geo Method
    $2,407,050
  • Alternative Use

    Use
    Valuation
    Residential
    $2,959,746
    Hospitality
    $2,711,112
    Educational
    $2,255,613
    Medical
    $2,333,187
    Retail
    $3,508,732

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.0684
Longitude
-84.3536
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
$46,505
$110,565
$373,492
$484,057
-
$315,900
$1,067,120
$1,383,020

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