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Property profile & analytics
FOR SALE
Office buildings
1280 Kemper Meadow Dr Cincinnati, OH 45240
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-2238129
For Sale
1 / 3
$2,150,000
1280 Kemper Meadow Dr, Cincinnati, OH 45240
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
42,836 SF
Lot
7.53 ac (328,181 SF)
APN
591-0015-0039-00
UPID
US66-2238129
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
-
Hillman Solutions Corp. (Bike/Boat/Book/etc) Store Corporate Office
-
The Hillman Group - Corporate Headquarters Industrial Manufacturer Production Facility
-
The Hillman Group Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.85M
CAP Approach
CAP
$8.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.18M
Owner & transaction history
Maumee Warehouse LLC · 2 yrs held
Maumee Warehouse LLC
since 2023
Last sale
$8.2M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.9M
+72.8%
Restaurant
$7.1M
+56.8%
Medical building
$5.0M
+9.4%
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
$8,370,000
ML approach
$7,845,000
CAP Approach
CAP Return
Estimation
6%
$9,090,000
6.5%
$8,390,000
7%
$7,790,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$7,855,000
Change: +73% · Conversion: Difficult
RESTAURANT
$7,125,000
Change: +57% · Conversion: Moderate
MEDICAL BUILDING
$4,975,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$8.18M
Range $7.36M – $9.00M · ±10% · vs last sale $8.15M (Sep 11 2023)
Last sale anchor
$8.15M
Sep 11 2023
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
$191 / 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
$85,375
Tax year 2023
Assessed value
$916,556
Assessed 2023
Previous assessed
$739,642
+23.9% YoY
Effective rate
9.31%
On assessed value
Assessed land
$156,265
Assessed improvement
$760,291
Land market value
$446,470
Improvement market value
$2,172,260
Total market value
$2,618,730
Applied tax rate
239.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1990
Heating
YES
Stories
1
Rooms
5
Total area
42,836 SF
Lot
7.53 ac (328,181 SF)
APN
591-0015-0039-00
UPID
US66-2238129
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
AUTO REPAIR, GARAGE
Est. value
$7.9M
RESTAURANT
Est. value
$7.1M
MEDICAL BUILDING
Est. value
$5.0M
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL 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
1990
Heating
YES
Stories
1
Rooms
5
Lot
7.53 ac
Current owner
From public records · entity-resolved
Maumee Warehouse LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4201 SPRINGHURST BLVD STE #201, LOUISVILLE, KY 40241-6157
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2023
$8,150,000
Maumee Warehouse LLC
Trinity Square Kemper Meadow LLC
Limited Warranty Deed
—
Feb 8, 2022
—
Trinity Square Kemper Meadow LLC
—
Deed
related
$4,500,000 · First Fsla Of Lakewood
Jan 26, 2022
$1,430,000
Trinity Square Kemper Meadow LLC
Honeywell International INC
Limited Warranty Deed
$1,400,000 · Mary Smyjunas
Jun 30, 1999
—
Honeywell-measures Constructio
Honeywell-measures Systems INC
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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