7074 Harrison Ave Cincinnati, OH 45247-8301
- Investment properties
- 2.34 lot acres
Current Use by Public Records
- Colerain Family Dentistry / Dentist
- Dr. Ruchika Khetarpal, DDS / Dentist
- Dr. Mary A. Hanlon, DDS / Dentist
- Snappy Tomato Pizza / Pizza Restaurant / Delivery Service
- West Side Pediatrics / Pediatrician
Property Details for 7074 Harrison Ave
- Lot size
- 2.34 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 510-0360-0426-00
- APU
- 5100360042600
Description
This exceptional two-story medical office building, situated on a spacious 4.31-acre lot in Cincinnati's Forest Park/West submarket, presents a unique investment opportunity. Built in 2007, the property boasts a total of 25,600 square feet, currently featuring multiple tenants. The building's strategic location at 7074 Harrison Ave, zip code 45247, offers excellent visibility and accessibility. Currently, there is 1,500 square feet of vacant space available, ideal for a professional office or medical user. This space comprises approximately 2,400 square feet and is ready for immediate occupancy. The property is classified as both retail and office space, with a specific subtype designation of medical office and strip center. The single building is comprised of two stories, offering ample space for various medical practices or related businesses. The property's APN is 510-0360-0426. This is a rare opportunity to acquire a well-maintained, established medical office building in a thriving Cincinnati neighborhood. The available space offers a chance to expand your practice or establish a new presence in a high-demand area. Don't miss this chance to secure a prime location for your business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,650,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,260,000
- 6.5%
- $2,740,000
- 7%
- $2,925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,250,000
- Geo Method
- $2,950,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,940,000
- Retail
- $3,305,000
- Mixed-Use
- $3,325,000
- Hospitality
- $3,225,000
- Educational
- $3,150,000
- Residential Income
- $3,335,000
- Energy
- $3,170,000
- Income-Based Land
- $2,495,000
- Food Service
- $2,545,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.6747
- Latitude
- 39.2121
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA