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Financial
Distress signals
Property profile

321 Race St Cincinnati, OH 45202

OFF-MARKET
Parking lots & garages
Property ID
US66-0144640
115,248 SF 0.63 ac lot Built 1929
Last sale Feb 2024 · $3,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a parking garage in Cincinnati with office space at the front entrance totaling approximately 600–700 square feet. The office area includes restrooms and is positioned at the building’s entrance. Parking is provided on the 4th and 5th floors, with approximately 60 spaces on the 4th floor and approximately 30 spaces on the 5th floor, and the garage spaces can be leased either as a whole or in sections. The building is configured with commercial use at the bottom two floors, which were previously leased to a hotel.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$122k
Tax billed · 2023
Assessed value$1.41M
Assessed land$936k
Assessed improvement$477k
Effective rate8.64%

Value estimate

· Oct 2026
$3.15M
$2.84M – $3.47M
AI approach$3.15M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 94 recorded sales of this use type
Observed band · Q1–Q3$54 – $201

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: Tanning Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tanning Salon7.8
Veterinary Clinic7.5
Laundromat7.5

Location

321 Race St Cincinnati, OH 45202-3518
County assessor Recorded deeds · 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1446 Walnut, Cincinnati, OH 45202 $1,500,000 Dec 2025 3,600 SF
36 7th, Cincinnati, OH 45202-4434 $7,300,000 Sep 2024 16,800 SF
305 5th, Cincinnati, OH 45202 $45,000 Jul 2023 10,890 SF
309 5th, Cincinnati, OH 45202 $45,000 Jul 2023 7,220 SF
317 9th, Cincinnati, OH 45202-2259 $1,051,274 Jul 2022 10,993 SF
900 Broadway, Cincinnati, OH 45202 $400,000 May 2021 21,100 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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