Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    145 5th St Cincinnati, OH 45202-2703
    Back to Search
    Property profile & analytics

    145 5th St, Cincinnati, OH 45202-2703

    View on Map
    • Hotels
    • 1.04 lot acres
    Off-Market
    Property ID
    US66-2695425
    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

    • Hotels

    Property Details for 145 5th St

    Lot size
    1.04 lot acres
    Property type
    Hotels
    APN
    145-0001-A209-00
    APU
    1450001A20900

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 7, 2016 $41,800,000 Cincinnati Fifth Street Hotel Oh 151 West Fifth LLC Grant Deed $41.5M · Starwood Prop Mtg

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.5156
    Latitude
    39.1004
    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
    $938,725
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $30,115,480
    $30,115,480

    Comparable in this City

    • Value Estimation by Request
      1.05 Acres

      311 Pike St

      HOTEL
      311 Pike St, Cincinnati, OH 45202-4213
      View Details
    • Value Estimation by Request
      0.51 Acres

      701 Broadway St

      HOTEL
      701 Broadway St, Cincinnati, OH 45202-2238
      View Details
    • Value Estimation
      $3,865,000
      240,520 SF

      617 Vine St

      HOTEL
      617 Vine St, Cincinnati, OH 45202-2416
      View Details
    • Value Estimation
      $525,000
      0.87 Acres

      193 Freedom Way

      HOTEL
      193 Freedom Way, Cincinnati, OH 45202
      View Details
    • Value Estimation
      $12,175,000
      0.21 Acres

      2 Garfield Pl

      HOTEL
      2 Garfield Pl, Cincinnati, OH 45202-4303
      View Details
    • Value Estimation by Request
      1,517 SF

      210 14th St

      HOTEL
      210 14th St, Cincinnati, OH 45202-7507
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Over-the-Rhine Multifamily Renovation Opportunity

      Three-story multifamily building in Cincinnati's Over-the-Rhine neighborhood.
      2035 Elm St, Cincinnati, OH 45202
      View Details
    • $900,000
      0.10 Acres

      Land with City/River Views

      Double flat lot with a four-unit building in Cincinnati.
      1112 Fuller St, Cincinnati, OH 45202
      View Details
    • 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
    • $1,950,000
      1.36 Acres

      Riverside Drive Development Opportunity

      Prime 1.36-acre development site in Cincinnati's Historic East End.
      2370 Riverside Dr, Cincinnati, OH 45202
      View Details
    • Contact for pricing

      Prime Corner Lot in Cincinnati

      High-profile corner lot in Cincinnati's dynamic district.
      1330 Race St, Cincinnati, OH 45202
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      68,552 SF

      Downtown Cincinnati Office Building

      Prime East Side location, 68,552 SF, multiple uses.
      630 Main St, Cincinnati, OH 45202
      View Details
    • $22 SF/Yr
      16,400 SF

      Downtown Cincinnati Office Suites

      Prime Office Space, 7,000 SF Available
      114 8Th St, Cincinnati, OH 45202
      View Details
    • $13 SF/Yr
      214,236 SF

      Cincinnati Office Building For Rent

      Office building in Cincinnati with planned improvements and amenities.
      312 Elm St, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      50,519 SF

      Office Building in Cincinnati, OH

      Office building with 50,519 square feet available for rent.
      101-151 7Th St W, Cincinnati, OH 45202
      View Details
    • Contact for pricing
      63,321 SF

      Office Space Available for Rent

      Office building with 63,321 square feet available for rent.
      720 Pete Rose Way E, Cincinnati, OH 45202
      View Details
    • $15 SF/Yr
      62,204 SF

      Downtown Cincinnati Office Space Available

      62,204 square feet of office space for lease.
      312 Walnut St, 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.
    145 5th St
    Cincinnati, OH 45202-2703
    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
    145 5th 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!