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Property profile & analytics
OFF-MARKET
Parking lots & garages
11590 Reading Rd Cincinnati, OH 45241-2241
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-2214985
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1950
Total area
2,100 SF
Lot
0.69 ac (30,056 SF)
APN
608-0019-0017-00
UPID
US66-2214985
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
-
Budget Truck Rental Car Rental Facility
-
Budget Car Rental Car Rental Facility
-
Avis Car Rental Car Rental Facility
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
North Glen Properties LLC · 9 yrs held
North Glen Properties LLC
since 2017
6 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
$6,826
Tax year 2023
Assessed value
$101,994
Assessed 2023
Previous assessed
$169,751
-39.9% YoY
Effective rate
6.69%
On assessed value
Assessed land
$53,337
Assessed improvement
$48,657
Land market value
$152,390
Improvement market value
$139,020
Total market value
$291,410
Applied tax rate
175.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1950
Heating
NONE
Stories
1
Total area
2,100 SF
Lot
0.69 ac (30,056 SF)
APN
608-0019-0017-00
UPID
US66-2214985
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
1950
Heating
NONE
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
North Glen Properties LLC
Entity
Mailing address
7404 N PISGAH DR, WEST CHESTER, OH 45069-4126
Ownership since
2017
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
May 11, 2018
—
North Glen Properties LLC
—
Deed
related
$472,000 · Webanco Bk INC
Jun 23, 2017
$485,000
North Glen Properties LLC
Darren And Andrea Benjamin INC
Warranty Deed
$388,000 · Wesbanco Bank INC
Mar 23, 2007
—
Darren & Andrea Benjamin INC
Darren Benjamin & Andrea Benja
Quit Claim Deed
related
$286,000 · Fifth Third Bank
Aug 24, 2004
—
Darren Benjamin
Benjamin,darren & Andrea
Quit Claim Deed
related
—
—
—
Darren & Andrea Benjamin INC
—
Deed Of Trust
related
$192,000 · Fifth Third Bank
—
—
North Glen Properties LLC
—
Deed Of Trust
related
$472,000 · Webanco Bk INC
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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