2860 Cooper RdCincinnati, OH 45241
- Office properties
- 16,212 SF
Property Details for 2860 Cooper Rd
- Year built
- 1973
- Lot size
- 2.02 AC
- Property size (Sq ft)
- 16,212 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 611-0020-0136-00
- APU
- 6110020013600
Description
This exceptional investment opportunity presents a multi-tenant industrial property located at 2860 Cooper Rd, Cincinnati, OH 45241. The 16,367 square foot building, constructed in 1973 and situated on a 2.02-acre lot, boasts 100% occupancy with three tenants. The property offers a compelling blend of office and industrial/warehouse space, catering to diverse business needs. Benefiting from recent renovations, this asset provides a strong cash flow with a 7.07% capitalization rate. Strategically located in the Village of Evendale, it enjoys convenient access to major transportation arteries, including I-75, I-275, Ronald Reagan Highway, and I-71, ensuring seamless logistics and accessibility. The sale is an all-cash transaction on an "as is, where is" basis. All offers must be submitted in writing and include details on the purchasing entity, price, terms, funding sources, and prior closing history. This is a rare opportunity to acquire a well-maintained, high-performing industrial property in a prime Cincinnati location.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,827,830
- 6.5%
- $1,687,228
- 7%
- $1,566,712
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,013,368
- Geo Method
- $2,013,368
-
Alternative Use
- Use
- Valuation
- Residential
- $2,092,163
- Hospitality
- $1,916,410
- Educational
- $1,594,430
- Medical
- $1,649,265
- Retail
- $2,480,225
Location Insight
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Latitude
- 39.2403
- Longitude
- -84.4282
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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