3800 Red Bank RdCincinnati, OH 45227

Property Details for 3800 Red Bank Rd

Year built

1963

Lot size

0.37 AC

Property size (Sq ft)

4,850 SF

Property type

Office properties

Property subtype

Office buildings

APN

523-0002-0122-00

APU

5230002012200

Description

This exceptional 13,100 square foot creative office building, situated on a 0.952-acre lot at 3800 Red Bank Road, presents a unique investment opportunity. Currently offering 6,700 square feet of vacant space in a single-tenant configuration, this Class B property boasts unbeatable exposure on Red Bank Road. Built in 1966 and extensively renovated in 2020, the one-story building provides ample parking and outdoor storage. The H-Reinvestment District zoning allows for diverse retail opportunities, enhancing the property's potential. The property's prominent location offers excellent signage and branding opportunities, further maximizing its visibility and appeal. Surrounded by a variety of retail amenities, this location provides convenience and accessibility for tenants and customers alike. Property taxes are $2.67 per square foot. The APN is 523-0002-0121-00. The cross street is Fair Lane. This property is ideal for a business seeking high visibility and convenient access in a thriving commercial area. The substantial vacant space allows for customization and tenant build-out to suit specific business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $546,816

  6.5%

  $504,753

  7%

  $468,699

• Comparable approach

  Method

  Valuation

  Relative Method

  $602,322

  Geo Method

  $602,322

• Alternative Use

  Use

  Valuation

  Residential

  $625,894

  Hospitality

  $573,315

  Educational

  $476,992

  Medical

  $493,396

  Retail

  $741,987

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.1432

Longitude

-84.4039

CBSA code

17140

CBSA name

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

Property Tax & Assessments

FAQs

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