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    654 Mcmillan St Cincinnati, OH 45206

    • Commercial real estate
    • 19,872 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1797343
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 654 Mcmillan St

    Year built
    1916
    Lot size
    0.27 lot acres
    Property size
    19,872 SF
    Property type
    Commercial real estate
    APN
    091-0004-0024-00
    APU
    910004002400

    Description

    This exceptional Cincinnati, OH industrial property, located at 654, 656, & 660 E McMillan St, 45206, offers a unique opportunity for businesses seeking flexible warehouse or distribution space. The property comprises three interconnected buildings totaling 16,666 square feet, currently entirely vacant and available for immediate occupancy. The buildings boast a two-story design, with drive-in doors conveniently located on all floors, providing easy access for loading and unloading. Units are divisible down to a minimum of 500 square feet, allowing for customization to suit various business needs, with a maximum contiguous space of 24,999 square feet. The high ceilings and open floor plans offer ample storage and operational flexibility. The property's strategic location near the University of Cincinnati and downtown Cincinnati provides excellent access to a skilled workforce and a vibrant urban environment. A new shared workspace is also opening on the third floor, presenting additional collaborative opportunities. This property is ideal for businesses seeking a unique, adaptable space with excellent accessibility and a prime location. The property's versatility makes it suitable for a wide range of industrial and distribution uses. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4957
    Latitude
    39.1266
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,148
    $15,494
    $119,409
    $134,903
    -
    $44,270
    $341,170
    $385,440

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    Cincinnati, OH 45206
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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