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    Property profile & analytics

    1987 Madison Rd Cincinnati, OH 45208-3216

    • Investment properties
    • 414 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 09, 2023
    Location Intelligence
    Property ID
    US66-1298356
    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

    • Musical Arts Center / Music School

    Property Details for 1987 Madison Rd

    Year built
    1886
    Lot size
    0.10 lot acres
    Property size
    414 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    056-0004-0018-00
    APU
    560004001800

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4635
    Latitude
    39.1316
    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
    $8,944
    $11,949
    $96,901
    $108,850
    -
    $34,140
    $276,860
    $311,000

    Comparable in this City

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      2717 Erie Ave

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      2567 Erie Ave

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      3542 Edwards Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,536 SF
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      2712 Erie Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 11,321 SF
      2712 Erie Ave, Cincinnati, OH 45208-2111
      View Details
    • Value Estimation
      $560,000
      0.15 Acres

      3338 Erie Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.15 Acres
      3338 Erie Ave, Cincinnati, OH 45208-1624
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    Similar Nearby for Sale

    • $695,000

      Retail Space on Madison Road

      1,580 SF retail space with parking in rear.
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      Updated Condo with Private Terrace

      Tastefully updated condo with treetop views, in-unit laundry.
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      0.26 Acres

      Bar/Restaurant/Retail Spaces Available

      Second generation bar/restaurant/retail spaces for sale.
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      Luxury Condo with Panoramic Views

      Spacious 3-bedroom condo with updated kitchen and abundant amenities.
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    Similar Nearby for Lease

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      4,000 SF

      Retail/Office Space on Madison Rd

      Well-appointed retail or office space with parking in prime location.
      2029 Madison Rd, Cincinnati, OH 45208
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    • $4,541 /Mo
      9,120 SF

      Adaptable Office Space in Cincinnati

      Office space with open layout, parking, and high visibility.
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      14,373 SF

      Hyde Park Office Building For Lease

      Prime Hyde Park location, 14,373 sq ft.
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    • $1,250 /Mo
      300 SF

      Hyde Park Square Office Space

      Office space for rent in the heart of Hyde Park.
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      Prime Cincinnati Retail Space

      Multiple Suites Available, High Visibility
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    • $25 SF/Yr
      17,000 SF

      Downtown Cincinnati Office Space

      Prime location, modern amenities, 6 suites available
      1018 Delta Ave, Cincinnati, OH 45208
      View Details
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    1987 Madison Rd
    Cincinnati, OH 45208-3216
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    Realmo Value Estimation

    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.

    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.

    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
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