Thursday, April 29, 1999

COMMERCIAL REAL ESTATE




        PROJECTS

        The most expensive commercial construction projects or renovations, based on dollar values ($200,000 and up) of building permits issued recently in Cincinnati and Hamilton County:

        • Applicant: Otis Taylor. Site: 263 Stille Drive. Purpose: Addition. Contractor: Otis Taylor. Cost: $336,000.

        TRANSFERS

The most expensive commercial property transfers recorded recently in Hamilton, Clermont, Butler and Warren counties in Ohio and Boone, Kenton and Campbell counties in Kentucky, based on values of $200,000 or more (data collected by Transamerica Intellitech, publisher of the Pace Report, from county records):

        • Property: 1785 Ohio 28, Goshen Township, 45122. Use: Trailer mobile home park. Price: $4,946,200. Buyer: Lakeshore Mobile Home Park Ltd. Seller: Gaslight Square Ltd.

        • Property: 50 Beam Drive, Franklin 45005. Use: Apartment building. Price: $3,290,953. Buyer: Franklin House Associates LLC. Seller: Merit Fund IX Limited Partnership.

        • Property: Tanners Lane, Florence 41042. Use: Auto sales and service. Price: $1,074,431. Buyer: John C. Hilinski. Seller: Robert J. Williams.

        • Property: Kolb Drive, Fairfield 45014. Use: Commercial vacant land. Price: $900,000. Buyer: Bob Evans Farms Inc. Seller: H.E.G. Limited.

        • Property: 840 Washington Blvd., N.W., Hamilton 45013. Use: Commercial condominiums. Price: $658,631. Buyer: Triad Investment Corp. Seller: One Seventy Seven West.

        • Property: 231 Scott St., Covington/Fort Mitchell/Fort Wright 41011. Use: Commercial vacant land. Price: $550,000. Buyer: Bank of Kentucky Building LLC. Seller: Kenton County Fiscal Court.

        • Property: 7510 U.S. 42, Florence 41042. Use: Medical clinic and office. Price: $548,300. Buyer: MTR Properties LLC. Seller: R&J Investments.

        • Property: 497 Old Boston Road, Batavia 45103. Use: Apartment building. Price: $385,000. Buyer: Shawn A. Coons and Steve R. Ferneding. Seller: Thomas R. Mongold.

        • Property: 1135 Ohio Pike, Pierce Township 45102. Use: Commercial structures. Price: $380,000. Buyer: Kemba Cincinnati Credit Union Inc. Seller: Jon C. Zoner, trustee.

        • Property: 9200 Montgomery Road, Montgomery 45242. Use: Commercial condominiums. Price: $276,000. Buyer: Neurological and Sleep Disorders Inc. Seller: M&R Enterprises.

        • Property: 3201 Griest Ave., Hyde Park/Mount Lookout 45208. Use: Apartment building. Price: $240,000. Buyer: Lee Schimberg & Martha G Schimberg, trustees. Seller: John G. Landwehr.

        • Property: 4445 Alexandria Pike, Alexandria Area, 41001. Use: Commercial structures. Price: $217,500. Buyer: Robert E. and Barbara C. Fryman Jr. Seller: John R. Thomer.

       



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