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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10792 Montgomery Rd Montgomery, OH 45242-3261

    • Strip malls
    • 2,190 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-6157824
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 10792 Montgomery Rd

    Year built
    1984
    Lot size
    0.94 lot acres
    Property size
    2,190 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    600-0030-0127-00
    APU
    6000030012700

    Description

    This exceptional retail opportunity is located at 10792 Montgomery Road in Cincinnati, Ohio, within Hamilton County (zip code 45242). The property, known as Montgomery Station, is a 3,215 square foot strip center currently offering two vacant retail spaces for lease. One space comprises 1,675 square feet and is an endcap unit, benefiting from high visibility and accessibility. The second space totals 1,540 square feet, offering a flexible layout suitable for a variety of retail uses. Both spaces are immediately available, presenting a unique chance for businesses to establish a presence in a thriving Cincinnati location. The minimum leasable space is 1,540 square feet, while the maximum contiguous space available is 1,675 square feet. The entire 3,215 square foot building is currently vacant, allowing for a single tenant to occupy the entire space if desired. This property presents a compelling investment opportunity for businesses seeking high-traffic exposure on a busy Montgomery Road corridor. The property's location offers excellent visibility and convenient access for customers. Interested parties are encouraged to inquire for further details and leasing information.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.3403
    Latitude
    39.2587
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,184
    $140,420
    $110,023
    $250,443
    -
    $401,200
    $314,350
    $715,550

    Comparable in this City

    • Value Estimation
      $2,685,000
      68,592 SF

      9653 Kenwood Rd, Unit 9727

      SHOPPING CENTER, STRIP CENTER • 68,592 SF
      9653 Kenwood Rd, Blue Ash, OH 45242-6128
      View Details
    • Value Estimation by Request
      1,745 SF

      9361 Montgomery Rd

      SHOPPING CENTER, STRIP CENTER • 1,745 SF
      9361 Montgomery Rd, Montgomery, OH 45242-7738
      View Details
    • Value Estimation
      $610,000
      14,352 SF

      9452 Kenwood Rd

      SHOPPING CENTER, STRIP CENTER • 14,352 SF
      9452 Kenwood Rd, Blue Ash, OH 45242
      View Details
    • Value Estimation by Request
      2,220 SF

      9648 Kenwood Rd

      SHOPPING CENTER, STRIP CENTER • 2,220 SF
      9648 Kenwood Rd, Blue Ash, OH 45242-6184
      View Details
    • Value Estimation
      $3,725,000
      2.82 Acres

      10823 Montgomery Rd

      SHOPPING CENTER, STRIP CENTER • 2.82 Acres
      10823 Montgomery Rd, Cincinnati, OH 45242-3219
      View Details
    • Value Estimation by Request
      5,928 SF

      4820 Cooper Rd

      SHOPPING CENTER, STRIP CENTER • 5,928 SF
      4820 Cooper Rd, Blue Ash, OH 45242-6944
      View Details

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    • $1,500,000
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      Single tenant building with high visibility and accessibility.
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    Similar Nearby for Lease

    • $19 SF/Yr
      14,868 SF

      Retail Space in Tollgate Square

      Retail or office space in a convenient location.
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      Downtown Blue Ash Retail Space

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    • $16 SF/Yr
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      Retail Space For Lease

      Retail spaces available from 1,875 to 7,577 square feet.
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      View Details
    • $22 SF/Yr
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      Prime Retail and Professional Center

      Well-located retail and professional center with high visibility and accessibility.
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    • $16 SF/Yr
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    • $25 SF/Yr
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      Restaurant Space in Old Montgomery

      Restaurant space with patio in a desirable community.
      9321 Montgomery Rd, Cincinnati, OH 45242
      View Details
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    10792 Montgomery Rd
    Montgomery, OH 45242-3261
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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