6620 Clough Pike Cincinnati, OH 45244
- Medical offices
- 8,760 SF
- 2.88 lot acres
Current Use by Public Records
- Marvin Lopez / Gastroenterologist
- Lauren Southwood / Practitioner Service Location / Physician Assistant
- Ming Ashworth / Practitioner Service Location / Family Practice Physician
- Jeannette Muller / Occupational Therapist
- Forest Hills Medical Associates / Medical Clinic / Internist
Property Details for 6620 Clough Pike
- Year built
- 1981
- Lot size
- 2.88 lot acres
- Property size
- 8,760 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 500-0360-0013-00
- APU
- 5000360001300
Description
This exceptional Class A medical office building, located at 6620 Clough Pike in Cincinnati, Ohio, presents a unique investment opportunity. The 8,546 square foot building features 16 meticulously designed exam rooms and a state-of-the-art X-Ray imaging room, perfect for a variety of medical practices. Recent renovations, completed in 2021, include a new HVAC system, a seal coat and stripping of the parking lot, building painting, exterior lighting upgrades, deck replacement, and new landscaping. The property enjoys a prime location along a thriving retail and office corridor with over 14,000 vehicles passing daily, ensuring excellent visibility and accessibility. Its proximity to I-275 (over 62,000 daily vehicles) and the recently expanded Mercy Health Anderson Hospital provides unparalleled convenience. Situated in a densely populated and affluent area, the building benefits from an average household income of $163,000 within a 1-mile radius and over 136,000 residents within a 5-mile radius. Currently vacant, this single-tenant, modified lease property is offered at $1,075,000 ($125.79/SF). The combination of modern amenities, strategic location, and recent upgrades makes this an exceptional investment opportunity. The property is zoned for medical use and is ready for immediate occupancy. The zip code is 45244.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,710,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,615,000
- 6.5%
- $1,455,000
- 7%
- $1,420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,670,000
- Geo Method
- $1,400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,755,000
- Retail
- $1,515,000
- Mixed-Use
- $1,810,000
- Hospitality
- $1,485,000
- Educational
- $1,670,000
- Residential Income
- $1,740,000
- Energy
- $1,890,000
- Income-Based Land
- $1,755,000
- Food Service
- $1,470,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.3679
- Latitude
- 39.1004
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
