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    2830 Victory Pkwy Cincinnati, OH 45206

    Sponsored
    For Sale
    $5,100,000

    Cincinnati Office Space: 46,679 SF

    Property size:
    46,679 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Cincinnati office building, located at 2830 Victory Parkway, presents a compelling investment opportunity. The property boasts a substantial 46,679 square feet of space, spread across three stories and a lower level, offering immediate availability. Built in 1957 and extensively renovated in 2004, the building features 35,009 square feet on floors one through three and an additional 11,670 square feet in the lower level. Ample parking is provided with 221 spaces across a surface lot encompassing the main building's 101 spaces and an additional 120 spaces on a separate 1.114-acre parcel. The property sits on a 1.446-acre main parcel and includes multiple parcel IDs: 061-0002-0032-00, 061-0002-0013-00, 061-0002-0011-00, 061-0002-0010-00, and 061-0002-0008. The building is equipped with two hydraulic elevators and a generator, though it is not sprinklered. Zoning is designated as OL (Office Limited) for the main parcel and RMX (Residential Mixed) for the parking lot. The asking price for this significant property is $5,100,000, translating to $109.26 per square foot. This presents a rare chance to acquire a well-located, sizable office building in a thriving Cincinnati market.

    Property Features for 2830 Victory Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    46,679 SF
    Lot Size
    62,988 SF

    Building Details

    Year Built/Renovated
    1957/2004

    HighLights

    • Exceptional investment opportunity: 46,679 SF office building in Cincinnati.
    • Three‑story building plus lower level, totaling 35,009 SF (upper floors) and 11,670 SF (lower level), immediately available.
    • Ample parking: 221 spaces (101 on‑site, 120 in separate 1.114‑acre lot).
    • 1.446‑acre site with multiple parcel IDs (061‑0002‑0032‑00, 061‑0002‑0013‑00, 061‑0002‑0011‑00, 061‑0002‑0010‑00, 061‑0002‑0008).
    • Building features: two hydraulic elevators, generator (no sprinklers). OL zoning (main parcel), RMX zoning (parking lot).
    • Asking price: $5,100,000 ($109.26/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Bell Gina S ... Doctor Dr. Mira Aubuchon, ... Doctor Dr. Daniel B. ... Doctor Honda Kord Shuji ... Doctor Maximilian Cruz Internist

    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
    -84.480541925166
    Latitude
    39.130022078664

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    FAQs

    What type of property is this?
    Office Property / Space - Cincinnati Office Space: 46,679 SF
    Where is this office property / space located?
    The property is located at 2830 Victory Pkwy Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $5,100,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: 46,679 SF office building in Cincinnati.; Three-story building plus lower level, totaling 35,009 SF (upper floors) and 11,670 SF (lower level), immediately available.; Ample parking: 221 spaces (101 on-site, 120 in separate 1.114-acre lot).
    (513) 369-1364
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    2830 Victory Pkwy Cincinnati, OH 45206
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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
    2830 Victory Pkwy Cincinnati, OH 45206
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