12130 Royal Point DrCincinnati, OH 45249

Property Details for 12130 Royal Point Dr

Year built

1995

Lot size

2.95 AC

Property size (Sq ft)

32,198 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

620-0190-0693-00

APU

6200190069300

Description

This exceptional retail property, located at 12130 Royal Point Dr in Cincinnati, Ohio, presents a significant opportunity for a discerning tenant. The building boasts a total of 32,198 square feet, with 5,500 square feet currently available for lease. Situated on a generous 2.9-acre lot, the property offers ample parking with 170 spaces, ensuring convenient access for customers and employees. The property's single-tenant occupancy provides a unique opportunity for a business seeking a prominent location with high visibility. The building is located in Hamilton County, Ohio, with a convenient zip code of 45249. This prime retail space is ideal for a variety of businesses seeking a substantial footprint in a thriving Cincinnati market. The property's size and ample parking make it suitable for businesses requiring significant space and customer accessibility. The location offers excellent visibility and convenient access for customers. The 5,500 square feet of vacant space provides a blank canvas for a tenant to create a customized retail environment. This is a rare opportunity to secure a prominent retail location in a desirable area of Cincinnati. The property's size and features make it an attractive option for businesses seeking to establish a strong presence in the market. The ample parking ensures convenient access for customers and employees, enhancing the overall shopping experience. This property is ready for immediate occupancy and offers a unique opportunity for a business to thrive in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $5,336,365

  6.5%

  $4,925,876

  7%

  $4,574,027

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,076,647

  Geo Method

  $10,076,647

• Alternative Use

  Use

  Valuation

  Residential

  $4,155,160

  Hospitality

  $3,806,104

  Educational

  $3,166,634

  Medical

  $3,275,540

  Retail

  $4,925,876

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.2912

Longitude

-84.3106

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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