New search
Property profile & analytics
OFF-MARKET
Retail space
101 High St, Covington, OH 45318-1307
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-6228520
Property summary
AI-generated overview
This unique Covington, OH commercial building boasts a stunning storefront with black awnings and beautiful architecture. The first floor offers two separate retail spaces, each with display windows, a shared bathroom, original wood floors, and high ceilings. Upstairs, a luxurious studio/loft apartment features exposed beams, high ceilings, a large kitchen with granite countertops and a full appliance package, a spacious living area, a large ensuite bathroom with a walk-in shower, and a separate walk-in closet. A unique "speakeasy" area with a half bath is also included. The third floor provides a large unfinished space with high ceilings, offering significant potential for expansion or customization. The property sits on a 0.1-acre lot and is priced at $295,000.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1882
Total area
2,560 SF
Lot
0.1 ac (4,356 SF)
APN
H19-000460
UPID
US66-6228520
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Covington Drum Works Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Blue Label Distributors INC · 3 yrs held
Blue Label Distributors INC
since 2023
Last sale
$175,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$587
Tax year 2023
Assessed value
$11,730
Assessed 2023
Previous assessed
$11,730
+0.0% YoY
Effective rate
5.00%
On assessed value
Assessed land
$4,690
Assessed improvement
$7,040
Land market value
$13,400
Improvement market value
$20,100
Total market value
$33,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1882
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
2,560 SF
Lot
0.1 ac (4,356 SF)
APN
H19-000460
UPID
US66-6228520
Jurisdiction
MIAMI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1882
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Blue Label Distributors INC
Entity
Free & Clear · 3 yrs held
Mailing address
195 JOHNSVILLE BROOKVILLE RD, BROOKVILLE, OH 45309-9702
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2023
$159,900
Blue Label Distributors INC
Jeffery N Leininger
Warranty Deed
—
Apr 20, 2017
$35,000
Jeffery N Leininger
Cru Ents LLC
Warranty Deed
—
Dec 2, 2014
$42,500
Cru Ents LLC
Miller,christine E
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 High St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
