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Property profile & analytics
OFF-MARKET
Strip malls
11397 Montgomery Rd Cincinnati, OH 45249-2332
Entity Owned
Free & Clear
Property ID
US66-6046753
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Lot
0.82 ac (35,580 SF)
APN
620-0210-0218-00
UPID
US66-6046753
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
-
Menchie's Frozen Yogurt Cafe & Coffee Shop Take-out & Catering
-
Bank of America ATM Atm
-
Starbucks Cafe & Coffee Shop
-
CareFirst Urgent Care - Symmes Township Medical Clinic
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
Cl Shops At Harpers Station Oh LLC
Cl Shops At Harpers Station Oh LLC
since 2025
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
$98,035
Tax year 2023
Assessed value
$1,281,735
Assessed 2023
Previous assessed
$1,157,048
+10.8% YoY
Effective rate
7.65%
On assessed value
Assessed land
$808,150
Assessed improvement
$473,585
Land market value
$2,309,000
Improvement market value
$1,353,100
Total market value
$3,662,100
Applied tax rate
212.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1979
Heating
YES
Stories
1
Rooms
3
Lot
0.82 ac (35,580 SF)
APN
620-0210-0218-00
UPID
US66-6046753
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
1979
Heating
YES
Stories
1
Rooms
3
Lot
0.82 ac
Current owner
From public records · entity-resolved
Cl Shops At Harpers Station Oh LLC
Entity
Free & Clear · 0 yrs held
Mailing address
200 E BROWARD BLVD #1410, FT LAUDERDALE, FL 33301-1963
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
$6,565,013
Cl Shops At Harpers Station Oh LLC
Harpers Corner Parcel LLC
Deed
—
Sep 5, 2024
—
Pacific Dental Services LLC
Harpers Corner Parcel LLC
Deed
—
Jan 2, 2015
$3,089,580
Harpers Corner Parcel LLC
Harpers Corner LLC
Grant Deed
—
Aug 22, 2005
$38,615
State Of Ohio Dept/transportation
Harpers Corner LLC
Warranty Deed
—
Aug 25, 2003
—
Harpers Corner LLC
Encore Electric LLC
Grant Deed
$1,425,000 · Branch Banking & Trust Co
May 23, 2001
$11,500
Sanders Ventures INC
C B Amann Trustee
Grant Deed
—
May 23, 2001
—
Encore Electric LLC
Sanders Ventures INC
Grant Deed
$1,450,000 · Fifth Third Bank
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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