8405 Reading RdCincinnati, OH 45215

Property Details for 8405 Reading Rd

Year built

1926

Lot size

0.18 AC

Property size (Sq ft)

1,680 SF

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

671-0013-0090-00

APU

6710013009000

Description

This exceptional 1.409-acre development site presents a prime opportunity for investors seeking high-impact commercial projects. Located at 8405-8411 Reading Road in Cincinnati, Ohio (zip code 45215), this property boasts unparalleled visibility along a major thoroughfare. The site comprises six individual parcels, offering flexibility for various development scenarios. Its strategic location near the intersection of Galbraith Road and Ronald Reagan Cross County Highway ensures exceptional accessibility and high traffic volume. The property's zoning allows for a diverse range of uses, including retail establishments, fast-food restaurants, and mixed-use developments, making it an ideal investment for businesses seeking a prominent location with significant growth potential. The land is classified as commercial, specifically a development site and retail. This Hamilton County property is ready for immediate development, offering a unique chance to capitalize on a high-demand location in a thriving market. Detailed site plans and surveys are available upon request. The property's latitude and longitude coordinates are 39.211968 and -84.447934 respectively. Broker cooperation is available.

• CAP approach

  CAP return

  Valuation

  6%

  $234,871

  6.5%

  $216,804

  7%

  $201,318

• Comparable approach

  Method

  Valuation

  Relative Method

  $323,391

  Geo Method

  $323,391

• Alternative Use

  Use

  Valuation

  Residential

  $216,804

  Hospitality

  $198,592

  Educational

  $165,226

  Medical

  $170,908

  Retail

  $257,018

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.212

Longitude

-84.4479

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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