1730 Madison Rd Cincinnati, OH 45206-1865
- Office buildings
- 3,218 SF
- 0.34 lot acres
Current Use by Public Records
- Management Partners / Consultant / Local Government Office
- Baker Tilly / Accounting Firm
Property Details for 1730 Madison Rd
- Year built
- 1900
- Lot size
- 0.34 lot acres
- Property size
- 3,218 SF
- Property type
- Office buildings
- APN
- 055-0006-0069-00
- APU
- 550006006900
Description
This 4,046 square foot Class B office building, built in 1886, is located at 1730 Madison Rd, Cincinnati, OH 45206. Currently vacant and available for immediate occupancy, this three-story building sits on a 0.338-acre lot and offers ten parking spaces. The asking price is $749,900 ($185.34/sq ft). The property is zoned per record and offers significant potential for various uses, including continued use as an office, conversion to multi-family residential, or even a custom home. The building's prime location in Cincinnati, Hamilton County provides excellent visibility and accessibility. The flexible zoning allows for adaptation to diverse business needs or residential conversion. Ownership is held in trust. The property features ample square footage for expansion or customization, offering cost-effective ownership compared to leasing. The strong Cincinnati real estate market ensures a valuable asset. Occupancy is available October 1, 2024. APN: 055-0006-0069-00.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $390,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $410,000
- Retail
- $325,000
- Mixed-Use
- $340,000
- Hospitality
- $365,000
- Educational
- $405,000
- Residential Income
- $370,000
- Energy
- $365,000
- Income-Based Land
- $325,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.4731
- Latitude
- 39.1302
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA