4000 Red Bank RdCincinnati, OH 45227

Property Details for 4000 Red Bank Rd

Lot size

16.40 AC

Property type

Retail properties

Property subtype

Outlet malls

APN

523-0002-0176-00

APU

5230002017600

Description

This exceptional 176,166 square foot shopping center in Cincinnati, Ohio, presents a prime retail investment opportunity. Strategically located at 4000 Red Bank Road, this multi-tenant property boasts a highly visible position on a major thoroughfare connecting US 50 and I-71, ensuring excellent accessibility and high traffic volume. The center is situated within affluent residential neighborhoods, guaranteeing a strong customer base. Currently, there is one large suite available, totaling 49,223 square feet, offering significant potential for a variety of retail uses. The property is located in Hamilton County, Ohio, with a zip code of 45227. This presents a rare chance to acquire a substantial retail space in a thriving Cincinnati location with excellent visibility and access to major transportation arteries. The existing infrastructure provides a solid foundation for immediate occupancy or redevelopment, catering to a wide range of retail businesses seeking a prominent presence in a high-demand area. The property's size and location make it an ideal candidate for expansion or anchor tenancy. This is a unique opportunity to capitalize on the strong retail market in this desirable Cincinnati neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $118,384,664

  6.5%

  $109,278,152

  7%

  $101,472,568

• Comparable approach

  Method

  Valuation

  Relative Method

  $223,545,536

  Geo Method

  $223,545,536

• Alternative Use

  Use

  Valuation

  Residential

  $92,180,208

  Hospitality

  $84,436,576

  Educational

  $70,250,240

  Medical

  $72,666,256

  Retail

  $109,278,152

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.1483

Longitude

-84.4026

CBSA code

17140

CBSA name

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

Property Tax & Assessments

FAQs

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