Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,165,000
Strip malls
1720 Erie Hwy Hamilton, OH 45011-4100
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1178045
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
73,762 SF
Lot
8.1 ac (352,967 SF)
APN
P6451-043.000-013
UPID
US66-1178045
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.17M
Owner & transaction history
Tia Real Estate Holdings LLC · 5 yrs held
Tia Real Estate Holdings LLC
since 2021
Last sale
$4.3M
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 Hamilton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamilton 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
$2,805,000
ML approach
$2,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.17M
Range $2.85M – $3.48M · ±10% · vs last sale $4.31M (Mar 26 2021)
Last sale anchor
$4.31M
Mar 26 2021
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
$43 / 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
$32,821
Tax year 2023
Assessed value
$608,230
Assessed 2023
Previous assessed
$608,230
+0.0% YoY
Effective rate
5.40%
On assessed value
Assessed land
$233,960
Assessed improvement
$374,270
Land market value
$668,460
Improvement market value
$1,069,340
Total market value
$1,737,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Total area
73,762 SF
Lot
8.1 ac (352,967 SF)
APN
P6451-043.000-013
UPID
US66-1178045
Jurisdiction
BUTLER
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
1990
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
8.1 ac
Current owner
From public records · entity-resolved
Tia Real Estate Holdings LLC
Entity
Mailing address
2503 E BROAD ST, COLUMBUS, OH 43209-1758
Ownership since
2021
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
Apr 24, 2025
—
Tia Real Estate Holdings LLC
—
Deed
related
$75,000 · The Cmnty Improvement Corp Of Hamilton
Apr 27, 2022
—
Fairfield Professional Building LLC
—
Deed
related
$3,841,100 · The Huntington National Bank
Jul 27, 2021
—
Tia Real Estate Holdings LLC
—
Deed
related
$3,696,000 · First Commonwealth Bank
Mar 26, 2021
—
Tia Real Estate Holdings LLC
Tia Real Estate Holdings LLC
Intrafamily Transfer
related
—
Jan 15, 2016
$4,305,000
Tia Real Estate Holdings LLC
Vcg Hamilton Crossings LLC
Limited Warranty Deed
$3,228,750 · Lcnb National Bank
Jul 16, 2007
$8,900,000
Vcg-hamilton Crossings LLC
Hamilton Crossing LLC
Grant Deed
—
Sep 5, 2003
$11,740,220
Hamilton Crossing LLC
Hamilton Crossing Acquisition
Grant Deed
related
—
Aug 9, 2001
$118,226
Hamilton Crossing Acquisition
Hamilton Crossing LP
Grant Deed
related
—
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 1720 Erie Hwy?
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.
