11135 Montgomery Rd, Cincinnati, OH 45249-2338
- Medical Office Space
- 6,822 SF
- 0.54 lot acres
Current Use by Public Records
- Parker George / Law Firm
- 11135 Montgomery Rd Building LLC / Construction Company / General Contractor
- Kidney & Hypertension Center / Medical Group / Doctor
- Denise R. Lucas, CNP / Physician
- DCL Labs / Medical Laboratory
Property Details for 11135 Montgomery Rd
- Year built
- 1998
- Lot size
- 0.54 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 620-0210-0678-00
- APU
- 6200210067800
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 9, 2021 | — | Symmes Office Holdings LLC | — | Deed · related | $1.4M · Republic Bank & Trust Co |
| Nov 30, 2017 | — | Symmes Office Holdings LLC | 11135 Montgomery Road Building LLC | Warranty Deed | $1M · Republic Bank & Trust Co |
| Apr 1, 2003 | $1,250,000 | 11135 Montgomery Road Bld LLC | Building Four Partnership Pll | Quit Claim Deed · related | $1M · Huntington National Bank |
Description
This exceptional medical office suite, located at 11135 Montgomery Rd in Cincinnati, Ohio, presents a fantastic opportunity for healthcare professionals. The property is a newly built-out space totaling 1,714 square feet, ideal for a variety of medical practices. Currently, there is one available suite measuring 1,528 square feet within a larger multi-tenant building situated in Hamilton County. The building offers ample parking for patients and staff, a significant advantage in a busy area. Its convenient location provides easy access to major roadways, including Interstates 275 and 71 South, ensuring excellent accessibility for clients. The property boasts high visibility on Montgomery Road, enhancing its marketing potential. A key benefit is its proximity to Christ Hospital - Montgomery, directly across the street, creating a synergistic environment and potentially attracting patients from the hospital. Building signage is available, further increasing the property's visibility and branding opportunities. The property type is classified as an office building with a medical office subtype. The total vacant space within the building is 3,242 square feet. The zip code is 45249.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,320,000
- 6.5%
- $1,215,000
- 7%
- $1,130,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,119,000
- AI Estimate
- $1,011,000
Market price range: $493k - $1.26MMarket price range: $372k - $1.09M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $790,000 Current use
- AUTO REPAIR, GARAGE
- $1,250,000 Change: +58% Conversion: Difficult
- RESTAURANT
- $1,135,000 Change: +43% Conversion: Difficult
- OFFICE BUILDING
- $725,000 Change: -9% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.3329
- Latitude
- 39.2667
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA