Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    137 7th St Cincinnati, OH 45202
    Property profile & analytics

    137 7th St, Cincinnati, OH 45202

    View on Map
    • Retail properties & Spaces
    • 62,088 SF
    • 0.95 lot acres
    Off-Market
    Property ID
    US66-1954637
    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
    $2,245,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wildlife Management Pro Cincinnati / Animal Shelter / Pet Adoption Service
    • Wildlife Removal Cincinnati / Animal Control Service / Pest Control Service

    Property Details for 137 7th St

    Year built
    1937
    Lot size
    0.95 lot acres
    Property type
    Retail properties & Spaces
    APN
    145-0002-0240-00
    APU
    1450002024000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 24, 2018 — Shillito Lofts LLC — Grant Deed · related $8M · Branch Bk&tr

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,897,000
      Market price range: $2.90M - $8.15M

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.5164
    Latitude
    39.1028
    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
    $21,072
    $55,167
    $154,448
    $209,615
    -
    $157,620
    $441,280
    $598,900

    Comparable in this City

    • Value Estimation by Request

      39 Court St

      Individual retail properties
      39 Court St, Cincinnati, OH 45202
      View Details
    • Value Estimation by Request
      18,522 SF

      601 Race St

      Retail properties & Spaces
      601 Race St, Cincinnati, OH 45202
      View Details
    • Value Estimation by Request
      68,552 SF

      630 Main St

      Individual retail properties
      630 Main St, Cincinnati, OH 45202
      View Details
    • Value Estimation by Request
      1,027 SF

      Cincinnati Fountain Square Plz

      Retail properties & Spaces
      Cincinnati Fountain Square Plz, Cincinnati, OH 45202
      View Details
    • Value Estimation by Request

      619 Vine St

      Retail properties & Spaces
      619 Vine St, Cincinnati, OH 45202
      View Details
    • Value Estimation by Request
      5,280 SF

      214 Elm St

      Restaurants
      214 Elm St, Cincinnati, OH 45202
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,364 SF

      Established Cincinnati Bar and Restaurant

      Fully equipped bar and restaurant with a coveted liquor license.
      403 Oregon St, Cincinnati, OH 45202
      View Details
    • Contact for pricing

      Downtown Cincinnati Development Opportunity

      Prime location near Fountain Square with government incentives available.
      4 W 4Th St, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      125,100 SF

      Versatile Commercial Space for Lease

      3,100 sqft commercial space with high ceilings and multiple access.
      299 E 6Th St, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      7,164 SF

      Retail Property on Main Street

      Retail property available for sale on Main Street.
      707 Main St, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      3,096 SF

      Updated Commercial Building Near Pendleton

      Turnkey commercial building between OTR and Historic Pendleton District.
      1210 Sycamore St, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      10,000 SF

      Five-Story Mixed-Use Commercial Building

      Renovated building with first-floor retail and flexible work-live/office space above, offering multiple kitchens and bath setups.
      1010 Race St, Cincinnati, OH 45202
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      110 Shillito Place, Cincinnati

      Office and retail spaces available for rent in Cincinnati.
      110 Shillito Pl, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      1,238 SF

      Turn-Key Bar Near Findlay Market

      1,238 SF bar with D5/D6 liquor license available for lease.
      1833 Vine St, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      22,000 SF

      23 West Court Street: Office Suites

      Historic Downtown Cincinnati Office Space
      23 Court St, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      2,675 SF

      Downtown Cincinnati Office with Retail

      Ten-story office building with first floor retail space available.
      125 E Court St, Cincinnati, OH 45202
      View Details
    • Contact for pricing

      Turn-Key Restaurant Space in Pendleton

      Restaurant space with rooftop in Cincinnati's vibrant Pendleton District.
      316 Reading Rd, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      14,531 SF

      Retail Space Available For Lease

      Retail property available for lease, offering 14,531 square feet.
      101-191 E Freedom Way, Cincinnati, OH 45202
      View Details
    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.
    137 7th St
    Cincinnati, OH 45202
    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
    137 7th St, Cincinnati, OH, 45202
    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!