Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,130,000
Outlet malls
11741 Princeton Pike Cincinnati, OH 45246-2521
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1981664
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1998
Total area
166,000 SF
Lot
7.91 ac (344,777 SF)
APN
599-0032-0257-00
UPID
US66-1981664
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
-
PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
-
TagWorks (Bike/Boat/Book/etc) Store Pet Store & Service
-
PetSmart Dog Training Animal Training
-
PetSmart Grooming Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.09M
Blend (final)
Blend
$10.13M
Owner & transaction history
Tri County Marketplace LLC · 4 yrs held
Tri County Marketplace LLC
since 2022
Last sale
$6.9M
5 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
Method
Estimation
Statistic approach
$7,750,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$15,925,000
Current use
COMMERCIAL (GENERAL)
$14,680,000
Change: -8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$14,395,000
Change: -10% · Conversion: Moderate
OFFICE BUILDING
$14,365,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$10.13M
Range $9.12M – $11.14M · ±10% · vs last sale $6.95M (Mar 1 2022)
Last sale anchor
$6.95M
Mar 1 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
$61 / 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
$168,583
Tax year 2023
Previous assessed
$2,044,113
Land market value
$3,707,260
Improvement market value
$3,234,720
Total market value
$6,941,980
Applied tax rate
178.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Rooms
3
Total area
166,000 SF
Lot
7.91 ac (344,777 SF)
APN
599-0032-0257-00
UPID
US66-1981664
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
RETAIL STORES Current
Est. value
$15.9M
COMMERCIAL (GENERAL)
Est. value
$14.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.4M
OFFICE BUILDING
Est. value
$14.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1998
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Lot
7.91 ac
Current owner
From public records · entity-resolved
Tri County Marketplace LLC
Entity
Mailing address
14803 S SPG ST, GARDENA, CA 90248-1943
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$6,946,288
Tri County Marketplace LLC
Casto Dw II LLC
Limited Warranty Deed
$5,130,000 · Wells Fargo Bank NA
Apr 1, 2019
—
Casto Dw II LLC
—
Grant Deed
related
$51,500,000 · Huntington Nat'l Bk
Dec 12, 2016
$88,260,000
Casto Dw II LLC
Oh Retail II Ll LLC
Quit Claim Deed
related
—
Jan 12, 2006
—
Oh Retail Ll LLC
Ssc Tri-county Marketplace LLC
Grant Deed
—
Aug 15, 2001
$10,627,400
Ssc Tri-county Marketplace LLC
Duke Realty LP
Grant Deed
$9,120,000 · Key Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11741 Princeton Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
