Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Apartment buildings
165 Mcmillan St Cincinnati, OH 45219-1320
Entity Owned
11-yr Hold
Free & Clear
Property ID
US66-1292735
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Total area
10,778 SF
Lot
0.09 ac (3,877 SF)
APN
100-0002-0203-00
UPID
US66-1292735
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
-
Fusabowl Restaurant
-
Bank of America ATM Atm
-
Auto Insurance OH Insurance Agency
-
Louis Cajun Seafood Restaurant
-
The Verge Student Housing Center Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Mcmillan Apartments LLC · 11 yrs held
Mcmillan Apartments LLC
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+98.0%
Medical building
$1.3M
+38.2%
Office building
$1.1M
+26.3%
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%
$1,335,000
6.5%
$1,230,000
7%
$1,145,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$905,000
Current use
RESTAURANT
$1,795,000
Change: +98% · Conversion: Difficult
MEDICAL BUILDING
$1,250,000
Change: +38% · Conversion: Moderate
OFFICE BUILDING
$1,145,000
Change: +26% · Conversion: Moderate
RETAIL STORES
$1,035,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$955,000
Change: +5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±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
$106 / 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
$33,274
Tax year 2023
Assessed value
$12,516,808
Assessed 2023
Previous assessed
$13,299,027
-5.9% YoY
Effective rate
0.27%
On assessed value
Assessed land
$402,234
Assessed improvement
$12,114,574
Land market value
$1,149,240
Improvement market value
$34,613,070
Total market value
$35,762,310
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1900
Heating
YES
Stories
3
Rooms
3
Total area
10,778 SF
Lot
0.09 ac (3,877 SF)
APN
100-0002-0203-00
UPID
US66-1292735
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$905,000
RESTAURANT
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$955,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1900
Heating
YES
Stories
3
Rooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Mcmillan Apartments LLC
Entity
Free & Clear · 11 yrs held
Mailing address
7 JACKSON WALKWAY, PROVIDENCE, RI 02903-3638
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2022
—
Mcmillan Apartments LLC
—
Deed
related
$100,000 · Helaba
Feb 26, 2015
—
Mcmillan Apartments LLC
Mcmillan Apartments LLC
Quit Claim Deed
related
—
Feb 12, 2015
—
Mcmillan Apartments LLC
Windholtz William H Trust
Warranty Deed
—
Feb 19, 2002
—
Windholtz Trust
Windholtz,william H & Erika M
Quit Claim Deed
related
—
—
—
William H Windholtz
—
Deed Of Trust
related
$250,000 · Clifton Heights Loan & Bldg
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 165 Mcmillan St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
