Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    3700 Kellogg Ave Cincinnati, OH 45226

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3700 Kellogg Ave Cincinnati, OH 45226

    View on Map
    • Land
    • 2.12 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ohio Motors Inc / Car Dealership

    Property Details for 3700 Kellogg Ave

    Lot size
    2.12 lot acres
    Property type
    Land

    Description

    This exceptional 2.12-acre commercial land parcel presents a prime development opportunity in Cincinnati, Ohio. Located at 3700 Kellogg Avenue in the East End neighborhood, this site is zoned CN-M and offers convenient access to US 50, placing it just ten minutes from the city's central business district. The property's strategic location within a thriving, affluent community is surrounded by high-end, newly constructed townhomes exceeding $1 million and Class A apartments commanding top rental rates. This presents a unique chance to capitalize on the strong demand for new construction in this area, particularly among young professionals seeking a short commute and access to vibrant entertainment options. The site's proximity to the proposed Oasis Trail and iconic neighborhoods further enhances its appeal. The Cincinnati MSA's consistently high rental growth, ranked among the top three nationally, provides a compelling investment case. This development site allows for the creation of a significant market share within an increasingly desirable submarket along Cincinnati's Ohio Riverbank, making it an ideal location for multifamily or townhome development. The property consists of two adjacent lots, providing flexibility for various development plans. Hamilton County location and 45226 zip code.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4393
    Latitude
    39.1129

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

      3610 Columbia Pkwy

      Land • 0.21 Acres
      3610 Columbia Pkwy, Cincinnati, OH 45226
      View Details
    • Value Estimation by Request
      97.78 Acres

      262 Wilmer Ave

      COMMERCIAL (GENERAL) • 97.78 Acres
      262 Wilmer Ave, Cincinnati, OH 45226-1679
      View Details
    • Value Estimation by Request
      480 SF

      4151 Kellogg Ave

      COMMERCIAL (GENERAL) • 480 SF
      4151 Kellogg Ave, Cincinnati, OH 45226-1534
      View Details
    • Value Estimation by Request
      5.00 Acres

      4343 Kellogg Ave

      COMMERCIAL (GENERAL) • 5.00 Acres
      4343 Kellogg Ave, Cincinnati, OH 45226-1538
      View Details
    • Value Estimation by Request
      5.48 Acres

      3215 Humbert St

      COMMERCIAL (GENERAL) • 5.48 Acres
      3215 Humbert St, Cincinnati, OH 45226
      View Details
    • Value Estimation by Request
      1,828 SF

      3033 Riverside Dr

      COMMERCIAL (GENERAL) • 1,828 SF
      3033 Riverside Dr, Cincinnati, OH 45226-1051
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.21 Acres

      Columbia Parkway Development Land

      Prime Cincinnati land, mixed-use potential.
      3610 Columbia Pkwy, Cincinnati, OH 45226
      View Details
    • $600,000

      Commercial Land in Columbia Tusculum

      Commercial land with high visibility and traffic counts.
      3610 Columbia Pkwy, Cincinnati, OH 45226
      View Details
    • $690,000

      Riverside Drive Development Opportunity

      Commercial land suitable for multi-family or mixed-use development.
      3201 Riverside Dr, Cincinnati, OH 45226
      View Details
    • $1,500,000
      1.75 Acres

      Cincinnati Land Development Opportunity

      Prime 1.75-acre development site near business district and recreation.
      240 Watson St, Cincinnati, OH 45226
      View Details
    • $80,000
      0.05 Acres

      Residential Land in Cincinnati's East

      Prime build opportunity near downtown, Columbia-Tusculum, and riverfront.
      312 Audubon St, Cincinnati, OH 45226
      View Details
    • $200,000
      1,000 SF

      Cincinnati Office Condominium Units

      Class A office condos in Cincinnati, suitable for owner-operators.
      5082 Wooster Rd, Cincinnati, OH 45226
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      3,550 SF

      Furnished Boutique Office Space Available

      Furnished historic office space with parking and open floor plan.
      4786 Eastern Ave, Cincinnati, OH 45226
      View Details
    • Contact for pricing

      Office Spaces on High-Vis Corner

      Office spaces for lease with flexible options and utilities included.
      4242 Airport Rd, Cincinnati, OH 45226
      View Details
    • $9 SF/Yr
      3,900 SF

      Flex Space Near Lunken Airport

      Flex and industrial space near Lunken Airport and recreation.
      671 Wilmer Ave, Cincinnati, OH 45226
      View Details
    • $9 SF/Yr
      31,996 SF

      Office/Warehouse Space Near Airport

      Office and warehouse space available near Lunken Airport & Playfield.
      671-673 Wilmer Ave, Cincinnati, OH 45226
      View Details
    • Contact for pricing

      Historical Building with Free Parking

      Historical building with distinctive architectural features and free on-site parking.
      455 Delta Ave, Cincinnati, OH 45226
      View Details
    • $31 SF/Yr

      Office Space Available For Rent

      Office space available for lease at $31.16 per square foot.
      3505 Columbia Pkwy, Cincinnati, OH 45226
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3700 Kellogg Ave
    Cincinnati, OH 45226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    3700 Kellogg Ave, Cincinnati, OH, 45226

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!