Day Care Center with Private
For Sale
$179,000
1527 Compton Road, Cincinnati, OH 45231
Commercial Sale, Mt Healthy, OH
Property Size1,500 SF
Lot Size0.15 Acres
Price / SF$119.33
Days on Market123
Property Features for 1527 Compton Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Exterior features
Part Fenced
Fencing
Fenced
Directions
Hamilton Ave to East on Compton Rd.
Subdivision
Hamilton-W06
Standard status
Active
APN
593-0007-0149-00
Size
1,500 SF
Lot size
0.15 Acres
Utilities
Heating system
Natural Gas, Forced Air
Amenities
functional prep kitchen
two bathrooms
dedicated private office
Building Details
Year built
1958
Flooring type
Concrete, Vinyl
Building materials
Block
Roof type
Shingle
Listing Agency:
OwnerLand Realty, Inc.
(513) 896-1200
Listed By:
Derrick Mayes
(513) 479-1324
Added: Apr 26
Changed: Aug 26
Last Checked: Aug 26 at 6:06PM
MLS# 1876809
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,500-square-foot day care center is configured with a functional prep kitchen, two bathrooms, and a dedicated private office. The block building was constructed in 1958 and includes concrete and vinyl flooring, a shingle roof, natural-gas heating, and forced-air service. Fencing is provided in part of the property, with on-street parking available.
Located at 1527 Compton Road in Mt. Healthy, Ohio, the property occupies 0.154 acres within Hamilton County. Its Business zoning designation supports the current daycare use and is identified in the property information as accommodating childcare, food service, retail, specialty shops, salons, professional services, health and wellness, tutoring, and faith or community uses.
Located at 1527 Compton Road in Mt. Healthy, Ohio, the property occupies 0.154 acres within Hamilton County. Its Business zoning designation supports the current daycare use and is identified in the property information as accommodating childcare, food service, retail, specialty shops, salons, professional services, health and wellness, tutoring, and faith or community uses.
Key Highlights
- 1,500‑square‑foot building configured for day care use
- Dedicated private office, prep kitchen, and two bathrooms
- Business‑zoned property at 1527 Compton Road
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,805
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$296,100
$296.1K
Cap Rate 7%
$211,500
$211.5K
Cap Rate 9%
$164,500
$164.5K
Market Conditions
NOI Build-Up for 1,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.5K $15.00/SF
− Vacancy
−$1.4K −$0.90/SF
EGI
$21.2K $14.10/SF
− OpEx
−$6.3K −$4.23/SF
NOI
$14.8K $9.87/SF
Area
ZIP 45231
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$296,100
Cap Rate 7%
$211,500
Cap Rate 9%
$164,500
Alternative Uses
Best Use
Retail
$211.5K
$185.1K – $246.8K
NOI $14,805 @ 7.0% cap · market cap 8.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$298.2K
$260.9K – $347.9K
NOI $20,873 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45231, OH
41,934
Population
17,845
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
14.8 sq mi
ZIP Area
2,833
Density / Sq Mi
$69,140
Median Household Income
$43,400
Median Earnings
$1,118
Median Rent
$164,900
Median Home Value
Market
Vacancy Rate% for Retail in Cincinnati, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vigilant DayCare — 1476 Dordine Ln, Cincinnati, OH 45231
- Mom’s Favorite Childcare LLC. — 8565 Daly Rd #8, Cincinnati, OH 45231
- Beautiful Minds Child Care — 1735 Madison Ave, Cincinnati, OH 45231
- Zakiyya's 2.0 — 7429 Hamilton Ave, Cincinnati, OH 45231
- Zone 231 — Mt Healthy, OH 45231
Frequently Asked Questions
What type of property is this?
Day care center - Business-zoned building with a prep kitchen, two bathrooms, and fenced outdoor area.
Where is this day care center located?
The property is located at 1527 Compton Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 1,500‑square‑foot building configured for day care use; Dedicated private office, prep kitchen, and two bathrooms; Business‑zoned property at 1527 Compton Road
