7451 Mason Montgomery RdMason, OH 45040

For Sale
$1,000,000 View listing
  • Office properties
  • 5,403 SF

Property Details for 7451 Mason Montgomery Rd

Year built
2003
Construction
BRICK
Lot size
0.13 AC
Property size (Sq ft)
5,403 SF
Property type
Office properties
APN
16-34-298-007-0
APU
16342980070

Description

This exceptional 7,500 square foot Class A office building, located at 7451 Mason-Montgomery Rd in Mason, Ohio (zip code 45040), presents a unique investment opportunity. The property is ideally suited for executive office or medical office use, offering a turnkey solution with a nicely appointed buildout. Situated at a signalized intersection with high visibility and ample parking, this property boasts excellent demographics and a significant traffic count of 25,582 ADT on Mason-Montgomery Road. The building offers excellent signage opportunities, maximizing brand exposure. The asking price for this prime commercial real estate is $1,000,000. This property is categorized as both Office and Retail, and its classification as Class A signifies its high quality and modern amenities. The location in Warren County, Ohio, provides easy access to major transportation routes and a thriving business community. This turnkey space is ready for immediate occupancy, minimizing setup time and maximizing return on investment. Don't miss this chance to acquire a well-positioned, high-traffic commercial property in a desirable location. The property's versatile design makes it suitable for a variety of businesses seeking a prominent presence in a bustling area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $609,164
    6.5%
    $562,305
    7%
    $522,141
  • Comparable approach

    Method
    Valuation
    Relative Method
    $670,999
    Geo Method
    $670,999
  • Alternative Use

    Use
    Valuation
    Residential
    $697,259
    Hospitality
    $638,685
    Educational
    $531,378
    Medical
    $549,653
    Retail
    $826,589
7451 Mason Montgomery Rd, Mason, Ohio
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Location Insight

City
Mason
County
Warren
State
Ohio
Latitude
39.3295
Longitude
-84.3124
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,777
$56,732
$279,195
$335,927
-
$162,090
$797,700
$959,790

FAQs

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