1 4Th StCincinnati, OH 45202

Property Details for 1 4Th St

Year built

1967

Lot size

0.44 AC

Property type

Office properties

Property subtype

Office buildings

APN

083-0001-0097-00

APU

830001009700

Description

This prestigious 19-story Class B office building, located at 1 E 4th St in Cincinnati's Central Business District (CBD), offers a variety of flexible office spaces. Built in 1967 and renovated in 1980, the property boasts a total of 252,283 square feet, with 44,522 square feet currently vacant. Suites range from a minimum of 3,743 square feet to a maximum contiguous space of 29,243 square feet, making it suitable for a variety of business needs. The building features an iconic Fourth Street address, a prestigious tenant roster, and unobstructed river views. The property is meticulously managed and offers a lease rate of $18.50 per square foot, plus electric. Located in Hamilton County, Ohio, (zip code 45202), this property presents a unique opportunity in a highly desirable location. The building's traditional, executive, and creative office spaces cater to diverse business styles. This is a multi-tenant building with a total of four suites.

• CAP approach

  CAP return

  Valuation

  6%

  $1,638,227

  6.5%

  $1,512,210

  7%

  $1,404,194

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,364,081

  Geo Method

  $2,364,081

• Alternative Use

  Use

  Valuation

  Residential

  $1,875,140

  Hospitality

  $1,717,618

  Educational

  $1,429,038

  Medical

  $1,478,185

  Retail

  $2,222,948

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.0996

Longitude

-84.5123

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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