9405 Kenwood Rd, Blue Ash, OH 45242
- Strip malls
- 17,987 SF
- 1.70 lot acres
Current Use by Public Records
- Strip malls
Property Details for 9405 Kenwood Rd
- Year built
- 1990
- Lot size
- 1.70 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 612-0060-0517-00
- APU
- 6120060051700
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 13, 2016 | $2,881,000 | 9405 Kenwood Rd LLC | Raven Properties LLC | Warranty Deed | $2.3M · Lcnb National Bank |
| Jun 1, 2005 | $2,925,000 | Raven Properties LLC | Srk Blue Ash Associates | Warranty Deed | $2.3M · Fifth Third Bank |
Description
This exceptional retail opportunity presents 17,897 square feet of space in a single, one-story Class B building located at 9405 Kenwood Rd, Cincinnati, OH 45242, within Hamilton County. The property features four suites, with one available space totaling 10,870 square feet, potentially divisible to 4,200 square feet. This highly visible center boasts daily traffic counts exceeding 30,000 vehicles, benefiting from its prime location just north of Cross County Highway, providing easy access to major interstates I-71, I-75, and I-275. The strong corporate presence in the area nearly doubles the daytime population, creating a robust customer base. The property offers 55 total parking spaces for ample customer convenience. This well-established retail center is situated in a highly populated and stable corridor, within the geographic center of the Cincinnati metro area, and benefits from long-standing co-tenants and a strong community presence. An existing tenant is downsizing, presenting this rare opportunity to lease space in a prominent Blue Ash location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,684,000
- AI Estimate
- $1,359,000
Market price range: $722k - $2.26MMarket price range: $381k - $1.95M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,560,000 Current use
- OFFICE BUILDING
- $2,100,000 Change: +35% Conversion: Moderate
- MEDICAL BUILDING
- $2,090,000 Change: +34% Conversion: Difficult
- RETAIL STORES
- $1,725,000 Change: +11% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,590,000 Change: +2% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,510,000 Change: -3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Blue Ash
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.3781
- Latitude
- 39.2275
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
