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    Property profile & analytics

    148 Caldwell Dr Cincinnati, OH 45216

    • Manufacturing properties
    • 21,436 SF
    • 1.13 lot acres
    For Lease
    View listing
    Value Estimation
    $485,000
    Location Intelligence
    Property ID
    US66-1324906
    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

    • Manufacturing properties

    Property Details for 148 Caldwell Dr

    Year built
    1956
    Lot size
    1.13 lot acres
    Property size
    21,436 SF
    Property type
    Manufacturing properties
    APN
    590-0071-0114-00
    APU
    5900071011400

    Description

    This exceptional 33,000 square foot property at 148 Caldwell Drive in Cincinnati, Ohio, presents a unique opportunity for businesses seeking flexible office and warehouse space. Located in Hamilton County, with a convenient 45216 zip code, this multi-tenant building offers a range of options, with spaces divisible down to 1,600 square feet, or the entire 33,000 square feet available for a single tenant. The property is currently entirely vacant, allowing for complete customization to suit your specific needs. The high ceilings, measuring 20 feet, provide ample vertical space for storage or specialized equipment. The M-1 Light Industrial zoning allows for a variety of uses, making this an ideal location for a diverse range of businesses. This prime location offers easy access to major transportation routes, ensuring efficient logistics and convenient commuting for employees. The building's total square footage is 33,000 square feet, with a maximum contiguous space also at 33,000 square feet. Contact us today to learn more about leasing this versatile and strategically located property.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $545,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $545,000
      Geo Method
      $615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $520,000
      Retail
      $510,000
      Mixed-Use
      $525,000
      Hospitality
      $645,000
      Educational
      $615,000
      Residential Income
      $570,000
      Energy
      $600,000
      Income-Based Land
      $505,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4815
    Latitude
    39.208
    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
    $7,101
    $22,809
    $53,203
    $76,012
    -
    $65,170
    $152,010
    $217,180

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
      $450,000
      2.02 Acres

      5656 Vine St

      MANUFACTURING (LIGHT) • 2.02 Acres
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    • Value Estimation
      $330,000
      27,162 SF

      7th St

      MANUFACTURING (LIGHT) • 27,162 SF
      7th St, Cincinnati, OH 45216
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    • Value Estimation by Request
      7.89 Acres

      1201 Edison Dr

      MANUFACTURING (LIGHT) • 7.89 Acres
      1201 Edison Dr, Cincinnati, OH 45216-2277
      View Details
    • Value Estimation
      $450,000
      2.50 Acres

      5636 Vine St

      MANUFACTURING (LIGHT) • 2.50 Acres
      5636 Vine St, Cincinnati, OH 45216-2349
      View Details
    • Value Estimation
      $605,000
      32,452 SF

      93 Caldwell Dr

      FACTORY (MANUFACTURING) • 32,452 SF
      93 Caldwell Dr, Cincinnati, OH 45216-1541
      View Details

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    Cincinnati, OH 45216
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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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