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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Retail space
1404 Main St Cincinnati, OH 45202-7616
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-1701586
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1915
Total area
5,148 SF
Lot
0.12 ac (5,401 SF)
APN
075-0004-0093-00
UPID
US66-1701586
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
-
Sanctuary OTR Physician
-
Cindependent Film Festival Hotel & Motel Resort
-
Laura Fisher Photography Wedding Service Photography Service
-
Calvary Chapel OTR Night Church Hotel & Motel Resort
-
Woodward Theater Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$645k
Owner & transaction history
Pfs Cincinnati LLC An Ohio Lim · 13 yrs held
Pfs Cincinnati LLC An Ohio Lim
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$945,000
+91.1%
Restaurant
$855,000
+73.4%
Office building
$675,000
+36.9%
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
Alternative Use
Use
Estimation
RETAIL STORES
$495,000
Current use
AUTO REPAIR, GARAGE
$945,000
Change: +91% · Conversion: Difficult
RESTAURANT
$855,000
Change: +73% · Conversion: Easy
OFFICE BUILDING
$675,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$675,000
Change: +36% · Conversion: Easy
MEDICAL BUILDING
$600,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$445,000
Change: -10% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$435,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$125 / 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
$20,479
Tax year 2023
Assessed value
$235,774
Assessed 2023
Previous assessed
$296,535
-20.5% YoY
Effective rate
8.69%
On assessed value
Assessed land
$142,814
Assessed improvement
$92,960
Land market value
$408,040
Improvement market value
$265,600
Total market value
$673,640
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1915
Heating
YES
Stories
1
Rooms
2
Bathrooms
1
Total area
5,148 SF
Lot
0.12 ac (5,401 SF)
APN
075-0004-0093-00
UPID
US66-1701586
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
$495,000
AUTO REPAIR, GARAGE
Est. value
$945,000
RESTAURANT
Est. value
$855,000
OFFICE BUILDING
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$675,000
MEDICAL BUILDING
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$445,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$435,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1915
Heating
YES
Stories
1
Rooms
2
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Pfs Cincinnati LLC An Ohio Lim
Entity
Mailing address
1404 MAIN ST, CINCINNATI, OH 45202-7616
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2019
—
Pfs Cincinnati LLC
—
Deed
related
$552,737 · Huntington Nat'l Bk
Jul 3, 2014
—
Pfs Cincinnati LLC
—
Trustees Deed
related
$500,000 · Cincinnati Development Fund
Feb 27, 2013
$375,000
Pfs Cincinnati LLC An Ohio Lim
Woodward Theatre Limited An Oh
Grant Deed
$315,000 · Cincinnati Development Fund
May 15, 2003
—
Woodward Theatre Ltd
Starnes,rita J
Grant Deed
related
—
—
—
Pfs Cincinnati LLC
—
Deed Of Trust
related
$518,000 · Hcdc INC
—
—
Pfs Cincinnati LLC
—
Deed Of Trust
related
$552,737 · Huntington Nat'l Bk
—
—
Pfs Cincinnati LLC
—
Deed Of Trust
related
$625,000 · Cincinnati Development Fund
—
—
Greg Starnes
—
Deed Of Trust
related
$135,000 · Fifth Third Bank
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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