Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    17 Benson St Cincinnati, OH 45215-3201

    • Retail residential properties
    • 5,348 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-0051202
    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.

    Current Use by Public Records

    • Heritage Event & Catering / Take-out & Catering / Catering Service
    • True Adorn Boutique / Clothing & Fashion Store

    Property Details for 17 Benson St

    Year built
    1923
    Lot size
    0.23 lot acres
    Property size
    5,348 SF
    Property type
    Retail residential properties
    APN
    671-0007-0151-00
    APU
    6710007015100

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $965,000
      6.5%
      $890,000
      7%
      $825,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $569,000
      Market price range: $167k - $678k
      AI Estimate
      $691,000
      Market price range: $214k - $806k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $445,000
      Current use
      AUTO REPAIR, GARAGE
      $980,000
      Change: +120% Conversion: Difficult
      RESTAURANT
      $890,000
      Change: +100% Conversion: Difficult
      MEDICAL BUILDING
      $620,000
      Change: +39% Conversion: Easy
      OFFICE BUILDING
      $570,000
      Change: +27% Conversion: Easy
      RETAIL STORES
      $515,000
      Change: +15% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $465,000
      Change: +4% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $450,000
      Change: +1% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4419
    Latitude
    39.2226
    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
    $7,781
    $14,112
    $79,048
    $93,160
    -
    $40,320
    $225,850
    $266,170

    Comparable in this City

    • Value Estimation by Request
      0.02 Acres

      217 Dunn St

      STORES & APARTMENTS • 0.02 Acres
      217 Dunn St, Cincinnati, OH 45215-4620
      View Details
    • Value Estimation
      $975,000
      7,400 SF

      10 Benson St

      STORES & APARTMENTS • 7,400 SF
      10 Benson St, Cincinnati, OH 45215-3202
      View Details
    • Value Estimation by Request
      2,032 SF

      1088 Matthews Dr

      STORES & APARTMENTS • 2,032 SF
      1088 Matthews Dr, Cincinnati, OH 45215-1858
      View Details
    • Value Estimation by Request
      1,845 SF

      620 Wyoming Ave

      STORES & APARTMENTS • 1,845 SF
      620 Wyoming Ave, Cincinnati, OH 45215-4527
      View Details
    • Value Estimation by Request
      6,960 SF

      223 Wayne Ave

      STORES & APARTMENTS • 6,960 SF
      223 Wayne Ave, Cincinnati, OH 45215-2867
      View Details
    • Value Estimation by Request
      2,760 SF

      112 Ml St

      STORES & APARTMENTS • 2,760 SF
      112 Ml St, Cincinnati, OH 45215-4625
      View Details

    Similar Nearby for Sale

    • $1,495,000
      0.26 Acres

      Glendale Mixed-Use Commercial Package

      Mixed-use property in historic Glendale, Ohio with retail and residential.
      11 Village Sq, Glendale, OH 45215
      View Details
    • Contact for pricing
      2,000 SF

      Lockland Retail Space on Thoroughfare

      Retail space on main Lockland thoroughfare with high traffic.
      301 E Wyoming Ave, Lockland, OH 45215
      View Details
    • $289,900

      Reading, OH Multifamily Property

      Multifamily property in Reading, OH with potential income.
      59 Gorman Ln, Reading, OH 45215
      View Details
    • $900,000

      Land at Signalized Intersection

      0.782 acres of commercial land at Reading Rd.
      8512 Reading Rd, Cincinnati, OH 45215
      View Details
    • Contact for pricing

      Fully Occupied Office Building

      100% occupied office building for sale.
      1 N Commerce Park Dr, Cincinnati, OH 45215
      View Details
    • $299,900
      2,592 SF

      Renovated Duplex in Reading, OH

      Completely renovated duplex with two spacious units, ideal for investors.
      9350 Reading Rd, Reading, OH 45215
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,669 SF

      Move-in Ready Office Building

      Class A office building with convenient access and high visibility.
      9655 Reading Rd, Cincinnati, OH 45215
      View Details
    • Contact for pricing
      6,500 SF

      Retail Space on Williams Street

      Retail space available for lease, 6500 square feet.
      131 Williams St, Cincinnati, OH 45215
      View Details
    • Contact for pricing

      Industrial Building For Lease

      Industrial building available for lease.
      10570 Chester Rd, Cincinnati, OH 45215
      View Details
    • Contact for pricing

      Retail Space in Cincinnati

      Retail space for lease in Cincinnati, Ohio.
      10575 Springfield Pike, Cincinnati, OH 45215
      View Details
    • $11 SF/Yr
      28,225 SF

      Blue Ash Corporate Center Office

      Office space available for lease in Blue Ash, Ohio.
      4260-4318 Glendale Milford Rd, Blue Ash, OH 45215
      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.
    17 Benson St
    Cincinnati, OH 45215-3201
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!