8485 Broadwell RdCincinnati, OH 45244

Property Details for 8485 Broadwell Rd

Lot size

29.73 AC

Property type

Land

Property subtype

Other industrial land

APN

500-0083-0002-00

APU

5000083000200

Description

This expansive Cincinnati industrial property, located at 8485 Broadwell Road, Hamilton County, OH 45244, offers 432,429 square feet of space, divisible down to 10,000-square-foot increments. The property boasts 118,633 square feet of office space, with 61,000 square feet situated on the second floor, and 313,796 square feet dedicated to manufacturing/warehouse use. Built in 1965 with additions in 1971, this brick and block structure features a steel-constructed penthouse and second-floor office space. Ceiling heights vary from 12 to 29 feet, supported by column spacing of 20'x20', 40'x40', and 50'x50'. The property includes four drive-in doors and 24 dock-high doors, along with 834 paved parking spaces. A significant advantage is the availability of rail service via Norfolk & Southern. The property sits on a 24-acre lot, with an additional 29 acres available for purchase. The building is fully sprinklered and features a new roof (2018), three transformers (3000 KVA, 2000 KVA, and 1500 KVA), a 360 KW generator, and a robust HVAC system including two natural gas boilers and a Trane chiller system. Recent renovations include upgrades to the sanitary treatment plant (2004), which is Ohio NPDES compliant. The asking price is $10,645,000, representing an 8% cap rate and a price per square foot of $24.60. The property is zoned for industrial use and offers direct access to I-275, benefiting from a location with no earnings tax. Amenities include men's and women's restrooms, a lunch/break room, and a kitchen.

• Alternative Use

  Use

  Valuation

  Residential

  $197,773,424

  Hospitality

  $181,159,392

  Educational

  $150,722,480

  Medical

  $155,906,064

  Retail

  $234,457,200

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.1314

Longitude

-84.3222

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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