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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Industrial properties
10440 Chester Rd Cincinnati, OH 45215-1202
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-6204873
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1964
Total area
9,979 SF
Lot
0.74 ac (32,191 SF)
APN
598-0090-0094-00
UPID
US66-6204873
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
-
Ohio Auto Kolor Inc. Hardware & Home Improvement Building Supply
-
LKQ FinishMaster - Cinncinatti Auto Parts Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$520k
Owner & transaction history
Jbmeister10440 LLC · 3 yrs held
Jbmeister10440 LLC
since 2022
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$865,000
+75.5%
Apartment house (5+ units)
$840,000
+70.1%
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
Method
Estimation
Statistic approach
$560,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$495,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$865,000
Change: +76% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: +70% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $500k (Oct 3 2022)
Last sale anchor
$500k
Oct 3 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$52 / SF
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
$12,165
Tax year 2023
Assessed value
$152,625
Assessed 2023
Previous assessed
$175,001
-12.8% YoY
Effective rate
7.97%
On assessed value
Assessed land
$24,675
Assessed improvement
$127,950
Land market value
$70,500
Improvement market value
$365,570
Total market value
$436,070
Applied tax rate
174.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1964
Heating
YES
Stories
1
Rooms
6
Total area
9,979 SF
Lot
0.74 ac (32,191 SF)
APN
598-0090-0094-00
UPID
US66-6204873
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$495,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$865,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
YES
Stories
1
Rooms
6
Lot
0.74 ac
Current owner
From public records · entity-resolved
Jbmeister10440 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11390 GIDEON LN, CINCINNATI, OH 45249-2228
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
—
Jbmeister10440 LLC
James Meister
Intrafamily Transfer
related
—
Oct 2, 2018
$500,000
James Meister
10440 Chester Road LLC
Warranty Deed
—
Mar 6, 2008
—
10440 Chester Road LLC
Hlb Holdings LLC
Warranty Deed
$382,000 · Key Bank & Trust
May 14, 2004
$515,000
Hlb Holdings LLC
Waldman Investment Co Ltd
Warranty Deed
related
$412,000 · First Financial Bank NA
Jun 22, 2001
—
Waldman Investment Co Ltd
Waldman,lawrence B
Quit Claim Deed
related
—
May 2, 2001
—
Lawrence B Waldman
Joseph A Brant Trustee
Quit Claim Deed
related
—
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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