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5051 Estecreek Drive

Off-Market

5051 Estecreek Drive, Cincinnati, OH 45224

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  • Property Type Office - General Office
  • Property Size 87,500 Sqft
  • Lot Size 26.52 Acre
  • Parking Spaces Avail. 271
  • Parking Ratio 3.10/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1994

Location

  • City Cincinnati, OH
  • Neighborhood Winton Hills
  • Zip Code 45224
  • Market Cincinnati

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 15 Feb, 2017
  • Purchase Price $1,143,000
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Cincinnati

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Cincinnati Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $18.39
  • 2020 Office Vacancy Rate 15.35 %
  • 2020 Office Completions (Sqft) 25,000

Cincinnati Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $106.51
  • Y-o-Y Avg. PpSF Change -22.19 %
  • 2020 Office Sales Volume $196.3M
  • 2020 Number of Transactions 11
View more Cincinnati market trends

Tax

  • Property Tax in 2020-2021 $163,364
  • Market Value $4,251,340
  • Assessed Value $4,251,340

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 5051 Estecreek Drive?

5051 Estecreek Drive totals 87,500 square feet.

When was this property built?

5051 Estecreek Drive was built in 1994.

When was 5051 Estecreek Drive last sold?

5051 Estecreek Drive was last sold on 15 Feb, 2017.

What was the last purchase price for 5051 Estecreek Drive?

5051 Estecreek Drive was last sold for $1,143,000.

What is the property tax for 5051 Estecreek Drive?

The property tax for 5051 Estecreek Drive in 2020-2021 was $163,364.

What is the market value for 5051 Estecreek Drive?

The market value for 5051 Estecreek Drive in 2020-2021 was $4,251,340.

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