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Property profile & analytics
OFF-MARKET
Outlet malls
10235 Colerain Ave Cincinnati, OH 45251-4903
Entity Owned
18-yr Hold
Free & Clear
Property ID
US66-6169476
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1998
Total area
1,476 SF
Lot
18.28 ac (796,451 SF)
APN
510-0182-0056-00
UPID
US66-6169476
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
-
Lowe's ProServices Building Supply Industrial Manufacturer
-
Installation Services General Contractor
-
Lowe's Garden Center Garden Center
-
lowes Garage Door Repair Opener Installation Building Supply General Contractor
-
Lowe's Home Improvement Building Supply Hardware & Home Improvement
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
Fpro-101 LLC · 18 yrs held
Fpro-101 LLC
since 2007
7 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 Cincinnati submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cincinnati 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
$178,836
Tax year 2023
Assessed value
$2,288,352
Assessed 2023
Previous assessed
$2,478,179
-7.7% YoY
Effective rate
7.82%
On assessed value
Assessed land
$961,222
Assessed improvement
$1,327,130
Land market value
$2,746,350
Improvement market value
$3,791,800
Total market value
$6,538,150
Applied tax rate
141.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1998
Heating
YES
Stories
1
Rooms
7
Bathrooms
2
Total area
1,476 SF
Lot
18.28 ac (796,451 SF)
APN
510-0182-0056-00
UPID
US66-6169476
Jurisdiction
HAMILTON
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
1998
Heating
YES
Stories
1
Rooms
7
Bathrooms
2
Lot
18.28 ac
Current owner
From public records · entity-resolved
Fpro-101 LLC
Entity
Free & Clear · 18 yrs held
Mailing address
2727 N HARWOOD ST STE #300, DALLAS, TX 75201-2407
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
39 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2007
—
Fpro-101 LLC
Cbrei 1031 Fort 1 LLC
Quit Claim Deed
related
—
Jul 20, 2007
$20,558,500
Cole Lo Cincinnati Oh LLC
Fpro-101 LLC
Warranty Deed
—
Jun 3, 2003
$236,300
Fpro-130 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Jun 3, 2003
$383,900
Fpro-136 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Jun 2, 2003
$1,535,500
Fpro-132 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Jun 2, 2003
$428,200
Fpro 134 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Jun 2, 2003
$280,600
Fpro-113 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
May 21, 2003
$221,500
Fpro - 109 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
May 16, 2003
$221,500
Fpro-131 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
May 14, 2003
$132,900
Fpro LLC
Cbre1 1031fort I LLC
Grant Deed
—
Apr 29, 2003
$457,700
Fpro 130 LLC
Cbrei 1031 Fort I LLC
Grant Deed
—
Apr 25, 2003
$472,500
Fpro-129 LLC
Cbrei 10311 Fort I LLC
Grant Deed
—
Apr 22, 2003
$177,200
Fpro-125 LLC
Cbrei 1031fort LLC
Grant Deed
—
Apr 16, 2003
$251,000
Fpro-124 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Apr 11, 2003
$265,800
Fpro-128 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Apr 3, 2003
$457,700
Fpro-127 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Mar 20, 2003
$132,900
Fpro-122 LLC
Cb Richard Ellis Investors
Grant Deed
—
Mar 17, 2003
$132,900
Fpro 121 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Mar 12, 2003
$457,700
Fpro-120 LLC
Cbrei 1031fort I LLC
Grant Deed
—
Mar 5, 2003
$354,400
Fpro-116
Cbrei 1031 Fort I LLC
Grant Deed
—
Mar 3, 2003
$265,000
Fpro 112 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Feb 21, 2003
$221,500
Fpro-118 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Feb 20, 2003
$679,200
Fpro-119 LLC
Cbrei 1031fort LLC
Grant Deed
—
Feb 14, 2003
$354,400
Fpro-114 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Feb 13, 2003
$1,373,100
Fpro-113 LLC
Cbrei 1031 Fort I LLC
Grant Deed
—
Jan 2, 2003
$738,300
Fpro-111 LLC
Cbrei 1031 Fort LLC
Grant Deed
—
Dec 27, 2002
$206,700
Fpro-103 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Dec 24, 2002
$177,200
Fpro-110 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Dec 23, 2002
$457,700
Fpro-108 LLC
Cbrei 103fort 1 LLC
Grant Deed
—
Dec 19, 2002
$162,400
Fpro 107 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Dec 16, 2002
$206,700
Fpro-105 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Dec 10, 2002
$84,800
Fpro 106 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Sep 27, 2002
$134,200
Fpro 104 LLC
Cbrei 1031fort I LLC
Grant Deed
—
Sep 13, 2002
$456,300
Fpro 101 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Sep 5, 2002
$134,200
Cb Richard Ellis Investors
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Feb 22, 2001
—
Randall L Gunlock
Colerain Associates Ltd
Grant Deed
related
—
May 28, 1998
—
Coleran Associates Ltd
Glenn C Gunlock Trustee
Grant Deed
related
—
May 21, 1998
—
Glenn C Gunlock Trustee
Colerain Associates Ltd
Grant Deed
related
—
Mar 5, 1998
$650,600
Colerain Associates Ltd
Frank G Altmayer Estate
Trustees 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.
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