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Property profile & analytics

400 Business Way Sharonville, OH 45241

  • Office buildings
Value Estimation
$23,820,000
Last Sale
Jul 12, 2022
$22,000,000
Location Intelligence
Property ID
US66-4415385
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Information Builders - Cincinnati Region / Software Company
  • Shoptech Software / Software Company
  • Ricoh USA Inc / Fax Service / Print Shop
  • 1819 Wealth Advisors of Raymond James / Financial Planner

Property Details for 400 Business Way

Property type
Office buildings
APN
608-0033-0054-00
APU
6080033005400

Description

Summit Woods IV, a Class A office building located at 400 E Business Way in Sharonville, Ohio (zip code 45241), offers a variety of flexible office spaces ideal for businesses of all sizes. This four-story building, totaling 109,000 square feet, underwent a major renovation in 2022, boasting updated lobbies, common areas, a tenant lounge, fitness center, and conference center. The property is situated in the Blue Ash submarket and Hamilton County, offering convenient access to major transportation routes. Multiple tenancy options are available, with spaces ranging from 4,106 to 16,967 contiguous square feet, and a total of 33,886 square feet currently vacant. The building was originally constructed in 2016 and features ample parking, providing 5 spaces per 1,000 square feet of leased space at no additional cost to tenants. The minimum divisible space is 16,967 square feet. This property presents a unique opportunity for businesses seeking modern, well-maintained office space in a prime location. The building's diverse suite sizes and amenities cater to a wide range of business needs, from traditional office setups to executive suites, medical offices, and creative workspaces. The building's Class A designation reflects its high-quality construction and finishes.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $24,550,000
  • CAP approach

    CAP return
    Estimation
    6%
    $22,595,000
    6.5%
    $22,425,000
    7%
    $20,730,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $22,215,000
    Geo Method
    $22,890,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $18,590,000
    Retail
    $19,730,000
    Mixed-Use
    $22,960,000
    Hospitality
    $23,375,000
    Educational
    $18,685,000
    Residential Income
    $23,845,000
    Energy
    $19,540,000
    Income-Based Land
    $24,735,000
    Food Service
    $24,440,000

Location Insight

  • Map
  • Local Demand
City
Cincinnati
County
Hamilton
State
Ohio
Longitude
-84.3653
Latitude
39.2857
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
$37,250
$554,774
$3,267,257
$3,822,031
-
$1,585,070
$9,335,020
$10,920,090
More about this property
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