3100 Springdale Rd Cincinnati, OH 45251-1504
- Strip malls
- 26,260 SF
- 2.16 lot acres
Current Use by Public Records
- The Office / Bar
Property Details for 3100 Springdale Rd
- Year built
- 1964
- Lot size
- 2.16 lot acres
- Property size
- 26,260 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 510-0042-0022-00
- APU
- 5100042002200
Description
Spring Hill Center, located at 3100 Springdale Rd in Cincinnati, Ohio (zip code 45251), presents a fantastic opportunity for retail businesses. This 27,350 square foot strip center boasts ten individual suites, with two currently available, ranging from 1,250 to 1,850 square feet. The property is situated in Hamilton County and benefits from its location within a thriving residential community offering diverse demographics. Recent upgrades under new ownership significantly enhance the property's appeal. These improvements include a fresh coat of paint on the building exterior, a revitalized façade, upgraded lighting fixtures, and a completely renovated parking lot. The strategic location and recent renovations make Spring Hill Center an ideal investment for businesses seeking high visibility and a modern retail space. The property's multiple suite configuration offers flexibility for various retail concepts, allowing for a diverse tenant mix. This prime retail location in Cincinnati offers excellent accessibility and ample parking for customers and employees. The property's recent upgrades ensure a modern and attractive environment for businesses and their clientele. Interested parties are encouraged to inquire about available suite sizes and lease terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $920,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $880,000
- 6.5%
- $1,000,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $805,000
- Geo Method
- $925,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $875,000
- Retail
- $770,000
- Mixed-Use
- $920,000
- Hospitality
- $820,000
- Educational
- $970,000
- Residential Income
- $770,000
- Energy
- $745,000
- Income-Based Land
- $780,000
- Food Service
- $750,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.5825
- Latitude
- 39.2565
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA