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Property profile & analytics

2651 Observatory Ave Cincinnati, OH 45208

  • Strip malls
  • 9,609 SF
  • 0.35 lot acres
Value Estimation
$480,000
Location Intelligence
Property ID
US66-1566633
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

  • HUB International / Financial Consultant
  • Hank, a Yarn Boutique / Yarn Store / Knit Shop
  • Michelle Koval / Physical Therapist / Practitioner Service Location
  • Healing Hands Therapeutic Massage / Massage Therapist
  • Ms. Helen Magers / Practitioner Service Location / Counselor

Property Details for 2651 Observatory Ave

Year built
1989
Lot size
0.35 lot acres
Property size
9,609 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
046-0008-0081-00
APU
460008008100

Description

The Otto Building, a two-story, 14,373 square foot Class C commercial property, presents a unique leasing opportunity in the desirable Hyde Park submarket. Built in 1989, this multi-tenant building offers a blend of traditional office and medical office space, making it suitable for a variety of businesses. The building boasts 22 parking spaces, a significant advantage in this vibrant area. Currently, one 1,425 square foot space is available for lease. The building's strategic location at the corner of Observatory and Edwards Roads places it just one block from the bustling Hyde Park Square, providing excellent visibility and accessibility. Beneficial co-tenancy includes established businesses such as Widmer's Cleaners, Hank Yarn Boutique, and Stok Yards Bank & Trust, creating a strong and diverse commercial environment. The property is zoned CNP and has an APN of 046-0008-0081-00. This presents a compelling opportunity for businesses seeking a well-located, established space within a thriving community. The building's size and layout offer flexibility for various business needs, making it an ideal choice for companies looking to establish or expand their presence in Hyde Park.

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
-84.4438
Latitude
39.1373
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
$37,341
$77,343
$376,653
$453,996
-
$220,980
$1,076,150
$1,297,130
More about this property
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