Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    136 N 3Rd St Hamilton, OH 45011
    Back to Search
    Property profile & analytics

    136 N 3Rd St Hamilton, OH 45011

    View on Map
    • Commercial real estate
    • 117,000 SF
    • 0.46 lot acres
    For Lease
    $12 SF/Yr
    View Listing →
    Customizable Office Space Available For Lease
    $12 SF/Yr
    2,201 SF

    Customizable Office Space Available

    Office space with customizable build-out options and high foot traffic.

    136 N 3rd St, Hamilton, OH
    View Listing
    Property ID
    US66-2673892
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Alchemy and Art / Astrologer
    • Total Care Pest Control / Garden Center
    • TerraLuna Pilates & Massage / Alternative Medicine Practice / Spa & Massage Center
    • CareOne Credit / Financial Advisor

    Property Details for 136 N 3Rd St

    Year built
    1928
    Lot size
    0.46 lot acres
    Property size
    117,000 SF
    Property type
    Commercial real estate
    APN
    P6441-001.000-040
    APU
    P6441001000040

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,550,000
      6.5%
      $6,045,000
      7%
      $5,615,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,007,000
      Market price range: $2.67M - $8.31M
      AI Estimate
      $5,461,000
      Market price range: $3.45M - $11.3M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,200,000
      Current use
      OFFICE BUILDING
      $8,020,000
      Change: +54% Conversion: Easy
      RETAIL STORES
      $7,655,000
      Change: +47% Conversion: Easy
      WAREHOUSE, STORAGE
      $5,770,000
      Change: +11% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Butler
    State
    Ohio
    Longitude
    -84.5593
    Latitude
    39.4009
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $44,017
    $37,060
    $778,640
    $815,700
    -
    $105,880
    $2,224,680
    $2,330,560

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      3613 Trenton Rd

      COMMERCIAL (GENERAL) • 0.13 Acres
      3613 Trenton Rd, Hamilton, OH 45011-5826
      View Details
    • Value Estimation by Request
      0.50 Acres

      4911 Muhlhauser Rd

      SHOW ROOM, WAREHOUSE • 0.50 Acres
      4911 Muhlhauser Rd, West Chester, OH 45011-9789
      View Details
    • Value Estimation by Request
      0.07 Acres

      Pershing Ave

      SHOW ROOM, WAREHOUSE • 0.07 Acres
      Pershing Ave, Hamilton, OH 45011
      View Details
    • Value Estimation by Request
      0.18 Acres

      Chestnut St

      SHOW ROOM, WAREHOUSE • 0.18 Acres
      Chestnut St, Hamilton, OH 45011
      View Details
    • Value Estimation by Request
      0.10 Acres

      1312 Maple Ave

      COMMERCIAL (GENERAL) • 0.10 Acres
      1312 Maple Ave, Hamilton, OH 45011
      View Details
    • Value Estimation by Request
      0.10 Acres

      1316 Maple Ave

      COMMERCIAL (GENERAL) • 0.10 Acres
      1316 Maple Ave, Hamilton, OH 45011-4355
      View Details

    Similar Nearby for Sale

    • $5,751,000
      35,605 SF

      Hamilton Executive Office & Warehouse

      Prime Ohio location, modern office & warehouse space.
      4400 Port Union Rd, Hamilton, OH 45011
      View Details
    • $6,702,000
      41,464 SF

      Hamilton Office/Warehouse Complex

      Prime Ohio location, 41,464 SF, $6.7M
      4400 Port Union Rd, Hamilton, OH 45011
      View Details
    • $410,000

      Office/Retail Outlots For Sale

      Office/retail outlots available near Menards in Fairfield Township, Ohio.
      Princeton Rd And Gilmore Rd, Hamilton, OH 45011
      View Details
    • Contact for pricing
      8,200 SF

      Industrial Property for Sale

      Industrial property available for sale, featuring 8,200 square feet.
      611 Maple Ave, Hamilton, OH 45011
      View Details
    • Contact for pricing

      West Chester Development Site

      12.63 acres in Beckett Ridge community, West Chester, OH.
      Princeton Glendale Rd, West Chester, OH 45011
      View Details
    • Contact for pricing

      Land For Sale Fairfield, OH

      Land available for sale in Fairfield, Ohio.
      8650 Seward Rd, Fairfield, OH 45011
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      0.94 AC Land For Lease

      0.94 AC of commercial land available for lease.
      747 Princeton Glendale Rd & Princeton Rd, Liberty Township, OH 45011
      View Details
    • $9 SF/Yr
      14,523 SF

      Available Office Space For Lease

      14,523 SF office space for lease, can be subdivided.
      7302-7340 Yankee Rd, Liberty Township, OH 45011
      View Details
    • Contact for pricing
      12,000 SF

      Fairfield Warehouse with Outdoor Storage

      New construction warehouse with yard and trailer parking available forlease.
      Seward Rd, Fairfield, OH 45011
      View Details
    • $8 SF/Yr
      2,100 SF

      Creative Office/Flex Space Available

      Creative office/flex space with open floor plans for rent.
      131 N 3Rd St, Hamilton, OH 45011
      View Details
    • Contact for pricing
      104,055 SF

      Available Warehouse Space in Cincinnati

      104,055 SF warehouse space with convenient highway access.
      4692 Brate Dr West Chester Township, Hamilton, OH 45011
      View Details
    • Contact for pricing
      163,621 SF

      Seward Point Commerce Park Warehouses

      Butler County Industrial Space Available
      0 Seward Rd, Fairfield, OH 45011
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    136 N 3Rd St
    Hamilton, OH 45011
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    136 N 3Rd St, Hamilton, OH, 45011
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!