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Financial
Distress signals
Property profile

1005 East Broadway St Covington, OH 45318

FOR SALE
Parking lots & garages
Property ID
US66-2621349
3,836 SF 0.43 ac lot Built 1956
Last sale Feb 2024
Individually Owned Owner of record is an individual. 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 commercial building located on St Rt 36 in Covington, Ohio. It has an approximately 4,029-square-foot building area and has been utilized as an automobile repair shop. The property layout and site configuration may be suitable for uses such as a banking facility, fuel station, or quick-service/fast food operations.

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?
$1k
Tax billed · 2023
Assessed value$26k
Assessed land$11k
Assessed improvement$15k
Effective rate5.01%

Value estimate

· Oct 2026
$225k
$203k – $248k
AI approach$265k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 12.70% cap applied$36k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$77/SF
County average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$44 – $111

Cap rate analysis

How does the asset earn?
12.70%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionMIAMI

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.8
Law Firm10.2
HVAC Service9.5

Location

1005 East Broadway St Covington, OH 45318
County assessor Recorded deeds · 1 transfer 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

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Broadway, Covington, OH 45318 $125,000 Mar 2023 1,449 SF
1 Broadway, Covington, OH 45318-1301 $392,500 Dec 2022 1,305 SF
Broadway, Covington, OH 45318 $90,000 Dec 2018 No data
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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