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Property profile & analytics
FOR SALE
Office Spaces

1255 Kemper Meadow Dr Cincinnati, OH 45240

Entity Owned 21-yr Hold Free & Clear
Property ID
US66-5289944
Property summary
AI-generated overview

This exceptional value-add opportunity presents three single-story office buildings totaling 51,192 square feet, situated within the Kemper Meadow Office Park in Cincinnati, Ohio. Constructed in 1989 and extensively renovated in 2015, this property offers a unique blend of established infrastructure and modern updates. The park features a tranquil wooded campus setting, providing a serene and productive work environment. Currently housing eight tenants with 50.35% occupancy, this multi-tenant property presents significant upside potential. The buildings boast independent entrances and ample parking, complemented by prominent building and street signage opportunities. Conveniently located in the Tri-County market, the property enjoys easy access to major transportation arteries, including Interstates 275 and 75. The property is zoned SPA 1 by the City of Forest Park. This is a rare chance to acquire a well-maintained office park with substantial room for growth and value enhancement. The property's existing infrastructure and prime location make it an attractive investment for those seeking a strong return on investment in the Cincinnati market. The single-story design and abundant parking cater to a wide range of tenants.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
APN 591-0015-0049-00
UPID US66-5289944
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Samantha Rosselot Physician
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
1255 KEMPER WOODS LLC
1255 KEMPER WOODS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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