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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Flex space
11649 Reading Rd Cincinnati, OH 45241-1532
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-6267185
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1995
Total area
9,760 SF
Lot
2.76 ac (120,138 SF)
APN
608-0019-0061-00
UPID
US66-6267185
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
-
Hino of Cincinnati Car Dealership
-
Buckeye Western Star Car Dealership
-
Fyda Yard Trucks Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$915k
Owner & transaction history
Wff Investments LLC · 3 yrs held
Wff Investments LLC
since 2022
Last sale
$890,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+81.5%
Retail stores
$935,000
+49.9%
Commercial (general)
$865,000
+38.1%
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
$995,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$625,000
Current use
MEDICAL BUILDING
$1,135,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$935,000
Change: +50% · Conversion: Moderate
COMMERCIAL (GENERAL)
$865,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $890k (Nov 10 2022)
Last sale anchor
$890k
Nov 10 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
$94 / 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
$20,844
Tax year 2023
Assessed value
$311,499
Assessed 2023
Previous assessed
$255,227
+22.0% YoY
Effective rate
6.69%
On assessed value
Assessed land
$93,831
Assessed improvement
$217,668
Land market value
$268,090
Improvement market value
$621,910
Total market value
$890,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1995
Heating
YES
Stories
1
Total area
9,760 SF
Lot
2.76 ac (120,138 SF)
APN
608-0019-0061-00
UPID
US66-6267185
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
$625,000
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$935,000
COMMERCIAL (GENERAL)
Est. value
$865,000
OFFICE BUILDING
Est. value
$855,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$845,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1995
Heating
YES
Stories
1
Lot
2.76 ac
Current owner
From public records · entity-resolved
Wff Investments LLC
Entity
Mailing address
2700 PLN CITY GEORGESVILLE RD NE, WEST JEFFERSON, OH 43162-9749
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2022
$890,000
Wff Investments LLC
Alemer LLC
Limited Warranty Deed
—
Jul 10, 2017
—
Alemer LLC
—
Deed
related
$375,000 · Kemba Financial Credit Union INC
Aug 20, 2004
$650,000
Alemer LLC
Omco Building Corp
Grant Deed
$670,000 · Commerce National 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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