Compton Professional Building | 24 Compton Rd
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Compton Professional Building 24 Compton Rd
16,225 SF 100% Leased Office Building Cincinnati, OH 45216 $1,495,000 ($92/SF) 12.45% Cap Rate
Executive Summary
Fully leased investment property
Zoned B-2 with visibility on Compton Rd
39+ surface parking spaces (2.5/1000)
Modern office and medical finishes
Built in 1964, updated in 2022
1st floor spaces has retail appeal
Monument sign facing Compton Road
Convenient access to SR - 126
$186,159 annual NOI (12.45% cap)
Asking $1,495,000 for sale
Zoned B-2 with visibility on Compton Rd
39+ surface parking spaces (2.5/1000)
Modern office and medical finishes
Built in 1964, updated in 2022
1st floor spaces has retail appeal
Monument sign facing Compton Road
Convenient access to SR - 126
$186,159 annual NOI (12.45% cap)
Asking $1,495,000 for sale
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
16,225 SF
Building Class
C
Year Built/Renovated
1964/2024
Price
$1,495,000
Price Per SF
$92
Cap Rate
12.45%
NOI
$186,159
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,113 SF
Slab To Slab
10’
Building FAR
0.56
Lot Size
0.67 AC
Zoning
B-2
Parking
50 Spaces (3.08 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | 590-0081-0018 | Improvements Assessment | $134,323 |
| Land Assessment | $75,677 | Total Assessment | $210,000 |
PROPERTY TAXES
Parcel Number
590-0081-0018
Land Assessment
$75,677
Improvements Assessment
$134,323
Total Assessment
$210,000
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Compton Professional Building | 24 Compton Rd
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