10400 Reading RdCincinnati, OH 45241

Property Details for 10400 Reading Rd

Year built

1960

Lot size

8.89 AC

Property type

Retail properties

Property subtype

Community centers

APN

611-0020-0033-00

APU

6110020003300

Description

This exceptional 3.376-acre development site presents a unique opportunity in the thriving Evendale, Ohio market. Located in a high-traffic area, this property offers excellent visibility and convenient access, boasting a strategic location less than 1.25 miles from I-75. The site is zoned for parking garage/lots (456) and currently features a vacant 12,300 square foot building suitable for immediate development or lease. The property's prime location is further enhanced by its proximity to major retailers, including a Walmart Supercenter and Menards, ensuring high foot traffic and strong consumer presence. With 7.1 million square feet of office space within a 3-mile radius, this site benefits from a robust and growing commercial environment. The property is ideal for a variety of retail, office, or special purpose uses, offering a flexible platform for development. The minimum divisible space is 12,300 square feet, with a maximum contiguous space of 12,300 square feet. The building was constructed in 1920, providing a solid foundation for redevelopment or adaptive reuse. An additional pad site is also available, presenting further expansion possibilities. This is a rare chance to acquire a highly desirable development site in a prime location with significant potential for growth and return on investment. The APN is 611-0020-0410-00.

• CAP approach

  CAP return

  Valuation

  6%

  $64,173,776

  6.5%

  $59,237,332

  7%

  $55,006,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $121,179,216

  Geo Method

  $121,179,216

• Alternative Use

  Use

  Valuation

  Residential

  $49,968,904

  Hospitality

  $45,771,248

  Educational

  $38,081,140

  Medical

  $39,390,808

  Retail

  $59,237,332

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.2529

Longitude

-84.4205

CBSA code

17140

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].