Technical
Financial
Distress signals
Property profile

6620 Clough Pike Cincinnati, OH 45244

FOR SALE
Medical Office Space
Property ID
US66-2190001
8,760 SF 2.88 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Total area 8,760 SF
Lot 2.88 ac (125,453 SF)
APN 500-0360-0013-00
UPID US66-2190001

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Pediatrician Physician
  • Physician
  • Medical Clinic

Location

6620 Clough Pike Cincinnati, OH 45244
Cincinnati metro Census 24903 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.67M
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.71M

Owner & transaction history

since 2022
Last sale
$1.5M
4 recorded transactions
2022
$1.5M
2019
$1.0M
2015
$600,000
2014
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.6M +57.9%
Restaurant $1.5M +43.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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