11503 Springfield Pike Cincinnati, OH 45246-3508
- Office buildings
- 12,672 SF
- 0.27 lot acres
Current Use by Public Records
- Title Partners Inc / Title Company
- SNS Management LLC / Property Management Company
- Springdale Title, LLC / Title Company
- Secur-Tech / Burglar Alarm Store
Property Details for 11503 Springfield Pike
- Year built
- 1971
- Lot size
- 0.27 lot acres
- Property size
- 12,672 SF
- Property type
- Office buildings
- APN
- 599-0042-0008-00
- APU
- 5990042000800
Description
This exceptional 940-square-foot office space, situated on Springfield Pike in Hamilton County, offers a turnkey solution for businesses seeking a convenient and productive work environment. The space is available for lease under a modified gross lease at a competitive rate of $13.00 per square foot. Fully furnished, this single-tenant office requires no upfront investment in furniture or fixtures, allowing for immediate occupancy. The property boasts a highly desirable location with excellent visibility and easy access to major roadways, ensuring convenient commutes for employees and clients. Beyond the individual office, tenants enjoy access to shared amenities, including a well-equipped kitchen/break room, a fitness center, and a versatile conference/training room, fostering collaboration and employee well-being. The surrounding area offers a wealth of amenities, such as restaurants, retail shops, and various services, enhancing the overall convenience and appeal of this location. This vibrant commercial area provides a strong foundation for business growth and success. The property is categorized as a traditional office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $380,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $310,000
- Mixed-Use
- $360,000
- Hospitality
- $425,000
- Educational
- $345,000
- Residential Income
- $350,000
- Energy
- $340,000
- Income-Based Land
- $405,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.4857
- Latitude
- 39.2844
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA