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    Multi-Tenant Retail Investment Opportunity Title is generated by Realmo AI

    6470 Glenway Ave, Cincinnati, OH 45211

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    Retail investment opportunity in Cincinnati's Western Hills neighborhood.

    Type:Retail
    Property size:
    7,566 SF
    Price / SF:
    $171/SF
    Added:
    Feb 11, 2026
    Days on Market:
    95
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 6470 Glenway Ave

    General Information

    Standard status
    Active
    Size
    7,566 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Spencer Kron

    Listing agent Spencer Kron License #OH BRK.2004009320

    Listing office Sudbrack Kron Commercial Real Estate

    Listing date Feb 11, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Sudbrack Kron Commercial Real Estate

    HighLights

    • Located on a primary retail corridor (Glenway Avenue) with high visibility and consistent consumer traffic.
    • Anchored by a large pylon street sign, providing prominent exposure for multiple tenants.
    • Surrounded by high‑density residential communities, ensuring a stable and loyal customer base.
    • Suited for service‑oriented, food, and neighborhood retail tenants, creating durable cash flow.
    • Rare multi‑tenant retail investment opportunity in Western Hills.
    • Property built in 1980.

    Overview

    Located at 6470 Glenway Avenue, Cincinnati, OH 45211, this multi-tenant retail investment opportunity is positioned along one of the primary retail and business corridors in the Cincinnati metro area. Glenway Avenue is a well-traveled thoroughfare serving the heart of Western Hills, providing strong visibility and consistent consumer traffic. This neighborhood retail center is surrounded by high-density residential communities, supporting stable demand from a loyal local customer base. The property benefits from excellent street presence and is anchored by a large pylon street sign, offering prominent exposure for multiple tenants. The property, with a size of 7566 square feet, is well-suited for service-oriented, food, and neighborhood retail tenants, creating durable cash flow potential for investors seeking a foothold in a proven submarket. It represents an exceptional opportunity to acquire a stable neighborhood retail asset in a well-established Cincinnati submarket.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $862.9K
    NOI $77,663 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.11M
    NOI $77,663 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.55M
    NOI $77,663 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Retail

    Component $ $/SF
    Gross rent $118.0k $15.60
    − Vacancy −$7.1k −$0.94
    EGI $110.9k $14.66
    − OpEx −$33.3k −$4.40
    NOI $77.7k $10.26
    7,566 SF · lease $15.60/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $1.11M
    $970.8K – $1.29M (±1% cap)
    NOI $77,663 @ 7.0% cap · market cap 5.97%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.50M
    $1.32M – $1.75M (±1% cap)
    NOI $105,281 @ 7.0% cap · market cap 8.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Septic Services in Cincinnati Plumbing Service Investment properties. Cincinnati ... Real Estate Agency Prestige Title Title Company Royalty Companies of Indiana, ... Roofing Company Amazon Counter - Star ... Courier Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Western Hills Marketplace — 5555 Glenway Ave, Cincinnati, OH 45238
    • Western Hills Square — 2314 Ferguson Rd, Cincinnati, OH 45238
    • Glenway Crossing — 5080 Glencrossing Way, Cincinnati, OH 45238
    • Quick-Tag — Walmart Supercenter, 2322 Ferguson Rd, Cincinnati, OH 45238
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Cincinnati, 2310 Ferguson Rd, Cincinnati, OH 45238

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.6272664
    Latitude
    39.1518085

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    FAQs

    What type of property is this?
    Shopping center - Retail investment opportunity in Cincinnati's Western Hills neighborhood.
    Where is this shopping center located?
    The property is located at 6470 Glenway Ave Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Located on a primary retail corridor (Glenway Avenue) with high visibility and consistent consumer traffic.; Anchored by a large pylon street sign, providing prominent exposure for multiple tenants.; Surrounded by high‑density residential communities, ensuring a stable and loyal customer base.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Spencer Kron
    Real Estate License ID: OH BRK.2004009320
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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