Building Details

Year built 1958

Flooring type Vinyl, Concrete

Building materials Block

Roof type Shingle

Listing Agency: OwnerLand Realty, Inc. y***@ownerland.com Show Phone

Listed By: Derrick Mayes Show Phone

Added: Apr 26 Changed: Oct 7 Last Checked: Oct 11 at 12:06AM

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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.

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 / Yr

$14,805

Cap Rate

8.27%

Suggested Prices Based on Cap Rates

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

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 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 (±1% cap)

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 (±1% cap)

NOI $20,873 @ 7.0% cap · market cap 11.66%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Day care centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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 Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this day care centers located? What is the asking price? Find similar properties What are key features of this property?

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 Mount Healthy, 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