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    1208 Central Pkwy Cincinnati, OH 45202

    • Warehouses
    • 0.37 lot acres
    For Lease
    View listing
    $324 /Mo
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US66-2225584
    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

    • Warehouses

    Property Details for 1208 Central Pkwy

    Lot size
    0.37 lot acres
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    081-0003-0124-00
    APU
    810003012400

    Description

    This stunning, fully renovated 18,500 square foot Class B office building, located at 1208 Central Parkway in Cincinnati, Ohio, presents a unique investment opportunity. Built in 1923 and extensively renovated in 2018, this two-story structure offers multiple tenancy options within a beautifully preserved historic building. The property boasts modern amenities while retaining its original character. Tenants will enjoy the convenience of on-site parking, a significant advantage in a bustling urban setting. A highlight of this property is the expansive rooftop patio, providing tenants with breathtaking panoramic views of the city. The building's prime location in the 45202 zip code offers easy access to major transportation routes and a vibrant urban environment. This move-in ready space is ideal for businesses seeking a blend of historical elegance and contemporary functionality. The property's recent renovations ensure modern systems and efficient operation, minimizing maintenance concerns for future occupants. This is a rare opportunity to secure a well-maintained, historically significant office building in a highly desirable Cincinnati location. Contact us today to learn more about leasing opportunities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $440,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $505,000
      Mixed-Use
      $495,000
      Hospitality
      $445,000
      Educational
      $380,000
      Residential Income
      $390,000
      Energy
      $425,000
      Income-Based Land
      $360,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.5191
    Latitude
    39.1081
    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
    $55,888
    $216,065
    $452,350
    $668,415
    -
    $617,330
    $1,292,430
    $1,909,760

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation
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      550 Reading Rd

      MINI-WAREHOUSE, STORAGE • 8,880 SF
      550 Reading Rd, Cincinnati, OH 45202-1407
      View Details
    • Value Estimation
      $380,000
      0.38 Acres

      1418 Central Pkwy

      MINI-WAREHOUSE, STORAGE • 0.38 Acres
      1418 Central Pkwy, Cincinnati, OH 45202-7567
      View Details
    • Value Estimation
      $790,000
      46,836 SF

      690 3rd St

      MINI-WAREHOUSE, STORAGE • 46,836 SF
      690 3rd St, Cincinnati, OH 45202
      View Details

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    Cincinnati, OH 45202
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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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