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    3260 Bend Rd Cincinnati, OH 45239

    Sponsored
    For Sale
    $4,200,000

    Prime Cincinnati Medical/Office Complex

    Property size:
    4,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-building office portfolio in Cincinnati, Ohio, presents a compelling investment opportunity. The property comprises 4,320 square feet across three buildings, situated on a 2.315-acre lot zoned for office use (447). The portfolio includes a two-unit building at 100% occupancy, a 23-unit building also at 100% occupancy, and a 31-unit building currently at 68% occupancy, totaling 56 tenants under NNN leases. The larger buildings feature elevators, and the entire complex benefits from ample parking. Conveniently located just blocks from I-74, this property enjoys proximity to major retailers including Kroger, Sam's Club, Family Dollar, Petco, and Walgreens. Recent updates have been completed in several units. The property is only 36 minutes from Cincinnati/Northern Kentucky International Airport (CVG). Detailed financials are available upon execution of a non-disclosure agreement. This portfolio offers a potential 9%-10% capitalization rate upon full occupancy, making it an attractive addition to any investment strategy. The asking price is $4,200,000, and the property is offered as a 1031 exchange opportunity.

    Property Features for 3260 Bend Rd

    General Information

    Property type
    Medical offices
    Square Feet
    4,320 SF
    Lot Size
    100,841 SF

    Building Details

    Buildings
    3

    HighLights

    • Three‑building portfolio: 2‑unit, 23‑unit, and 31‑unit buildings (68% occupied overall).
    • Elevators in the 23‑unit and 31‑unit buildings.
    • Excellent I‑74 access.
    • Strong retail synergy with nearby Kroger, Sam's Club, Family Dollar, Petco, and Walgreens.
    • Recent unit renovations.
    • Abundant parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aubrey Rose Foundation Non-Profit Organization Writely Sew LLC Custom T-Shirt Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.5917615
    Latitude
    39.1903628

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    FAQs

    What type of property is this?
    Medical office - Prime Cincinnati Medical/Office Complex
    Where is this medical office located?
    The property is located at 3260 Bend Rd Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: Three-building portfolio: 2-unit, 23-unit, and 31-unit buildings (68% occupied overall).; Elevators in the 23-unit and 31-unit buildings.; Excellent I-74 access.
    Request Owner's contact information
    3260 Bend Rd Cincinnati, OH 45239
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    Cincinnati, OH 45239
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3260 Bend Rd Cincinnati, OH 45239
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