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Property profile & analytics
FOR LEASE
Community centers

10400 Reading Rd Cincinnati, OH 45241

8.89 ac lot Built 1960
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US66-6230309
Property summary
AI-generated overview

This exceptional 3.376-acre development site presents a unique opportunity in the thriving Evendale, Ohio market. Located in a high-traffic area, this property offers excellent visibility and convenient access, boasting a strategic location less than 1.25 miles from I-75. The site is zoned for parking garage/lots (456) and currently features a vacant 12,300 square foot building suitable for immediate development or lease. The property's prime location is further enhanced by its proximity to major retailers, including a Walmart Supercenter and Menards, ensuring high foot traffic and strong consumer presence. With 7.1 million square feet of office space within a 3-mile radius, this site benefits from a robust and growing commercial environment. The property is ideal for a variety of retail, office, or special purpose uses, offering a flexible platform for development. The minimum divisible space is 12,300 square feet, with a maximum contiguous space of 12,300 square feet. The building was constructed in 1920, providing a solid foundation for redevelopment or adaptive reuse. An additional pad site is also available, presenting further expansion possibilities. This is a rare chance to acquire a highly desirable development site in a prime location with significant potential for growth and return on investment. The APN is 611-0020-0410-00.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1960
Lot 8.89 ac (387,205 SF)
APN 611-0020-0033-00
UPID US66-6230309
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
  • Kyle Daniel Vollmer Physician
  • Cam International Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store
  • Scott M. Brewer, MS Physician
  • Elizabeth A. Schaefer, PTA Physician
  • Southern Chinese BBQ Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.49M
Owner & transaction history
Village Crossing Partners LLC · 5 yrs held
Village Crossing Partners LLC
since 2021
Last sale
$6.9M
7 recorded transactions
2021
$6.9M
2013
$6.3M
2007
Price N/A
2007
Price N/A
2006
$3.2M
2005
Price N/A
2005
$134,400
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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