3131 Spring Grove AveCincinnati, OH 45225
- Industrial properties
- 10.30 AC
Property Details for 3131 Spring Grove Ave
- Year built
- 1984
- Lot size
- 10.30 AC
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 188-0016-0001-00
- APU
- 1880016000100
Description
This single-story, Class B office building, located at 3131 Spring Grove Avenue in Cincinnati, Ohio, offers 147,775 square feet of total space, with 16,468 square feet currently vacant. Built in 1984 and renovated in 2009, the property sits on a generous 10.44-acre lot. The building's zoning is M-G, and its Hamilton County APN is 188-0016-0001-00. The property is ideal for businesses seeking affordable office space in a convenient location. The multiple tenancy structure provides flexibility for various sized businesses. The significant vacant space presents an excellent opportunity for expansion or lease to new tenants. The large lot size offers ample parking and potential for future development. This property represents a strong investment opportunity in a well-established Cincinnati neighborhood, with easy access to major transportation routes. The 45225 zip code offers a strategic location within the city. The building's single-story design provides ease of access and efficient use of space. This is a rare opportunity to acquire a substantial office building with significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $60,432,312
- Hospitality
- $55,355,672
- Educational
- $46,055,272
- Medical
- $47,639,180
- Retail
- $71,641,528
Location Insight
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Latitude
- 39.1392
- Longitude
- -84.5431
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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