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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Medical Office Space
121 Mcmillan St Cincinnati, OH 45219-2606
Individually Owned
4-yr Hold
Free & Clear
Property ID
US66-0896939
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1930
Total area
19,962 SF
Lot
1.57 ac (68,302 SF)
APN
089-0004-0085-00
UPID
US66-0896939
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
-
Dental Specialist Dental Office
-
Payne Gail DDS Dental Office
-
Dentco Dental Office
-
Harish Malyala Dental Office
-
Sara Jane Siefring Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$990k
Owner & transaction history
State Of Ohio · 4 yrs held
State Of Ohio
since 2022
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10%
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
$50 / 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
$32,203
Tax year 2023
Assessed value
$373,681
Assessed 2023
Previous assessed
$373,681
+0.0% YoY
Effective rate
8.62%
On assessed value
Assessed land
$118,342
Assessed improvement
$255,339
Land market value
$338,120
Improvement market value
$729,540
Total market value
$1,067,660
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1930
Heating
YES
Stories
3
Rooms
8
Total area
19,962 SF
Lot
1.57 ac (68,302 SF)
APN
089-0004-0085-00
UPID
US66-0896939
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
1930
Heating
YES
Stories
3
Rooms
8
Lot
1.57 ac
Current owner
From public records · entity-resolved
State Of Ohio
Individual
Free & Clear · 4 yrs held
Mailing address
2618 MCMICKEN CIR, CINCINNATI, OH 45221-0001
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
—
State Of Ohio
Garvin Holdings LLC
Limited Warranty Deed
—
Apr 13, 2020
—
Garvin Holdings LLC
Kathryn G Thompson
Warranty Deed
related
—
Aug 1, 2007
—
Garvin Holdings LLC
Garvin,peter II & Cynthia
Quit Claim Deed
—
Dec 15, 1999
—
Julie G White
Garvin,madeline M
Grant Deed
related
—
Dec 10, 1999
—
Madeline M Garvin Trustee
Cincinnati Dental Services
Quit Claim Deed
related
—
Dec 7, 1998
—
Peter Garvin
Cincinnati Dental Services Co
Grant Deed
related
—
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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