7451 Mason Montgomery Rd, Unit 1 Mason, OH 45040-6818
- Office properties & Spaces
- 5,403 SF
- 0.13 lot acres
Current Use by Public Records
- The Christ Hospital Medical Associates / Hospital
- Senour - Flaherty Insurance / Insurance Agency
- Dr. Faye Y. Lang, MD / Physician
- Suna Robyn H MD / Physician
- Virendra Patel MD / Pediatrician / Physician
Property Details for 7451 Mason Montgomery Rd
- Year built
- 2003
- Construction
- BRICK
- Lot size
- 0.13 lot acres
- Property size
- 5,403 SF
- Property type
- Office properties & Spaces
- APN
- 16-34-298-007-0
- APU
- 16342980070
Description
This exceptional 7,500 square foot Class A office building, located at 7451 Mason-Montgomery Rd in Mason, Ohio (zip code 45040), presents a unique investment opportunity. The property is ideally suited for executive office or medical office use, offering a turnkey solution with a nicely appointed buildout. Situated at a signalized intersection with high visibility and ample parking, this property boasts excellent demographics and a significant traffic count of 25,582 ADT on Mason-Montgomery Road. The building offers excellent signage opportunities, maximizing brand exposure. The asking price for this prime commercial real estate is $1,000,000. This property is categorized as both Office and Retail, and its classification as Class A signifies its high quality and modern amenities. The location in Warren County, Ohio, provides easy access to major transportation routes and a thriving business community. This turnkey space is ready for immediate occupancy, minimizing setup time and maximizing return on investment. Don't miss this chance to acquire a well-positioned, high-traffic commercial property in a desirable location. The property's versatile design makes it suitable for a variety of businesses seeking a prominent presence in a bustling area.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,245,000
- 6.5%
- $1,145,000
- 7%
- $1,065,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,084,000
- AI Estimate
- $1,337,000
Market price range: $764k - $1.08MMarket price range: $701k - $1.46M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $930,000 Current use
- RESTAURANT
- $1,785,000 Change: +92% Conversion: Moderate
- RETAIL STORES
- $1,470,000 Change: +58% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,310,000 Change: +41% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,075,000 Change: +16% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $940,000 Change: +1% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Mason
- County
- Warren
- State
- Ohio
- Longitude
- -84.3124
- Latitude
- 39.3295
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA