2800 Gilbert Ave Cincinnati, OH 45206
- Parking lots & garages
- 0.39 lot acres
Current Use by Public Records
- Frisch's Restaurants, Inc. / Diner
Property Details for 2800 Gilbert Ave
- Lot size
- 0.39 lot acres
- Property type
- Parking lots & garages
- APN
- 065-0002-0062-00
- APU
- 650002006200
Description
This exceptional Cincinnati office building, located at 2800 Gilbert Avenue, offers a premier leasing opportunity. The property encompasses a total of 50,192 square feet on a 4.13-acre lot and is classified as a Class B building. Currently, a single tenant occupies 25,000 square feet, presenting a significant leasing opportunity. The building features modern, flexible office spaces designed to accommodate a variety of business needs, from traditional office setups to medical practices or executive suites. Amenities include ample on-site parking, ensuring convenient access for employees and clients. Its strategic location provides easy access to major transportation links, enhancing accessibility and commute times. The building boasts a welcoming and professional lobby, creating a positive first impression. Further enhancing convenience, an on-site kitchenette is available for tenant use. The asking rent is $4 per square foot per year, with NNN (Net, Net, Net) lease terms. This property is ideal for businesses seeking a well-maintained, conveniently located, and adaptable office space in Cincinnati's vibrant commercial district. The customizable floor plans allow for tailored spaces to meet specific business requirements, fostering a productive and enjoyable work environment. This is a rare opportunity to secure a significant footprint in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $10,380,000
- 6.5%
- $10,160,000
- 7%
- $10,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $9,230,000
- Geo Method
- $9,645,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $11,705,000
- Retail
- $9,400,000
- Mixed-Use
- $11,430,000
- Hospitality
- $11,400,000
- Educational
- $10,860,000
- Residential Income
- $9,725,000
- Energy
- $8,735,000
- Income-Based Land
- $11,955,000
- Food Service
- $9,115,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.4916
- Latitude
- 39.1327
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
