5310 Rapid Run RdCincinnati, OH 45238

  • Medical offices
  • 0.47 AC
For Lease
$14/SF/YR View listing

Property Details for 5310 Rapid Run Rd

Lot size
0.47 AC
Property type
Medical offices
Property subtype
Medical centers
APN
540-0063-0539-00
APU
5400063053900

Description

This exceptional 2,937 square foot medical office suite, located at 5310 Rapid Run Rd in Hamilton County, is available for sublease. The property sits on a 1.072-acre lot and is part of a larger 10,004 square foot building. The suite is currently configured as a single-tenant space and boasts a recently completed renovation, making it immediately ready for occupancy. The well-appointed interior features a spacious waiting area, a reception desk, a clinical lab, a conference room, two restrooms, a kitchenette and break room, and multiple private offices and exam rooms, ideal for a variety of medical or traditional office uses. The property benefits from high visibility due to its location on a major roadway, along with prominent suite signage. Ample on-site parking is also available for employees and visitors. The current lease term expires September 30, 2026. This turnkey solution offers a convenient and attractive space for your business needs. The property is move-in ready, allowing for a seamless transition and immediate operation. Don't miss this opportunity to secure a prime medical office space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,997,678
    6.5%
    $2,767,088
    7%
    $2,569,439
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,520,933
    Geo Method
    $2,520,933
  • Alternative Use

    Use
    Valuation
    Residential
    $3,431,189
    Hospitality
    $3,142,951
    Educational
    $2,614,898
    Medical
    $2,704,828
    Retail
    $4,067,619

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.1109
Longitude
-84.6174
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
$2,546
$27,850
$3,815
$31,665
-
$79,570
$10,900
$90,470

FAQs

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