Financial
Distress signals
Property profile

55 Merchant St Cincinnati, OH 45246

FOR SALE
Office buildings
Property ID
US66-6251798
242,360 SF 9.04 ac lot Built 1985
Last sale Dec 2020 · $8,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Office Executive Centre 2 is an office building located at 55 Merchant St in Cincinnati, Ohio. The building totals approximately 174,544 square feet and includes an available office space measuring approximately 43,638 square feet.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$212k
Tax billed · 2023
Assessed value$3.06M
Assessed land$627k
Assessed improvement$2.44M
Effective rate6.94%

Value estimate

· Sep 2026
$8.22M
$7.39M – $9.04M
AI approach$9.21M
Sales comparison$10.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$87/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$34 – $102

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMILTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.6
Storage Facility13.5
Gym & Fitness12.8

Location

55 Merchant St Cincinnati, OH 45246
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
111 Merchant, Cincinnati, OH 45246-3730 $4,570,000 Jan 2025 191,802 SF
260 Northland, Cincinnati, OH 45246-4917 $49,873 May 2024 45,114 SF
230 Northland, Cincinnati, OH 45246-3675 $49,873 May 2024 43,296 SF
25 Merchant, Cincinnati, OH 45246-3700 $9,075,000 Sep 2021 43,193 SF
30 Merchant, Cincinnati, OH 45246-3733 $128,579 Jun 2020 103,185 SF
Tri-county, Cincinnati, OH 45246 $1,600,000 May 2019 47,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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