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Property profile & analytics
OFF-MARKET
Individual retail properties
1720 Elm St Cincinnati, OH 45202-6911
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1111659
Property profile
Verified
Property type
Individual retail properties
Use group
DRY CLEANER
Year built
1870
Lot
0.05 ac (2,309 SF)
APN
094-0008-0128-00
UPID
US66-1111659
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
-
Onyx Termite & Pest Control Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Findlay Parkside Master Tenant LLC · 3 yrs held
Findlay Parkside Master Tenant LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,281
Tax year 2023
Assessed value
$100,694
Assessed 2023
Previous assessed
$80,938
+24.4% YoY
Effective rate
8.22%
On assessed value
Assessed land
$10,636
Assessed improvement
$90,058
Land market value
$30,390
Improvement market value
$257,310
Total market value
$287,700
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
Individual retail properties
Use group
DRY CLEANER
Status
Off-Market
Year built
1870
Heating
NONE
Stories
1
Rooms
4
Lot
0.05 ac (2,309 SF)
APN
094-0008-0128-00
UPID
US66-1111659
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
Building & site characteristics
From public records
Year built
1870
Heating
NONE
Stories
1
Rooms
4
Lot
0.05 ac
Current owner
From public records · entity-resolved
Findlay Parkside Master Tenant LLC
Entity
Mailing address
1826 RACE ST, CINCINNATI, OH 45202-7720
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
—
Findlay Parkside Master Tenant LLC
Findlay Parkside LLC
Lease
$26,210,000 · Tcde 102 LLC
Mar 3, 2023
—
Findlay Parkside LLC
Yukon Investments LLC
Warranty Deed
—
Jan 6, 2021
—
Yukon Investments LLC
—
Deed
related
$230,160 · Stock Yards Bank & Trust Co
Dec 10, 2020
$287,700
Yukon Investments LLC
Otr Holdings INC
Grant Deed
—
May 23, 2019
—
Otr Holdings INC
—
Grant Deed
related
$35,000,000 · Other Institutional Lenders
Apr 4, 2017
—
Otr Holdings LLC
Elm Street Acquisition LLC
Grant Deed
—
Jun 20, 2016
$185,000
Elm Street Acquisition LLC
Phipps,leonard III & Charlett H
Warranty Deed
—
Apr 7, 2016
—
Leonard Phipps III
Phipps,dorothy A
Quit Claim Deed
related
—
Mar 2, 2004
—
Dorothy A Phipps
Phipps,dorothy A
Quit Claim Deed
related
—
—
—
Dorothy A Phipps
—
Deed Of Trust
related
$20,000 · Provident Bank INC
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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