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    Property profile & analytics

    2112 Madison Rd Cincinnati, OH 45208

    • Investment properties
    • 3,041 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $735,000
    Last Sale
    Feb 13, 2025
    $830,000
    Location Intelligence
    Property ID
    US66-1402191
    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

    • Investment properties

    Property Details for 2112 Madison Rd

    Year built
    1971
    Lot size
    0.16 lot acres
    Property size
    3,041 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    053-0004-0157-00
    APU
    530004015700

    Description

    This exceptional commercial property at 2112 Madison Road in Cincinnati, Ohio, presents a unique investment opportunity. The 9,120 square foot building, classified as Class B, is situated on a 0.49-acre lot (21,344 square feet) comprised of four parcels and offers a versatile layout ideal for a variety of uses. The property features a 2,946 square foot first-floor retail space, complemented by a second-floor office space of equal size (2,946 square feet). Adding significant value is an additional 3,228 square feet of space located beneath the parking lot, accessible via a dedicated delivery entrance. Ample parking is provided with 21 off-street spaces, conveniently accessed via two curb cuts on Madison Road and O'Bryon Street. The property is zoned (CN-M) Commercial Neighborhood-Mixed, allowing for diverse commercial applications. The asking price is $1,495,000, translating to $163.93 per square foot. This two-story building represents a compelling opportunity for investors seeking a well-located, multi-functional commercial property in a thriving Cincinnati neighborhood. The property's size, zoning, and parking provisions make it an attractive prospect for a range of businesses. The combination of retail and office space, along with the additional basement area, offers significant flexibility and potential for future expansion or adaptation.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $705,000

    • CAP approach

      CAP return
      Estimation
      6%
      $810,000
      6.5%
      $750,000
      7%
      $865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $885,000
      Geo Method
      $740,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $895,000
      Retail
      $960,000
      Mixed-Use
      $795,000
      Hospitality
      $805,000
      Educational
      $950,000
      Residential Income
      $865,000
      Energy
      $835,000
      Income-Based Land
      $785,000
      Food Service
      $910,000

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4606
    Latitude
    39.1329
    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
    $13,066
    $14,763
    $144,214
    $158,977
    -
    $42,180
    $412,040
    $454,220

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

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    • Value Estimation
      $280,000
      2,744 SF

      2717 Erie Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,744 SF
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    • Value Estimation
      $400,000
      3,391 SF

      2567 Erie Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,391 SF
      2567 Erie Ave, Cincinnati, OH 45208-2044
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    • Value Estimation by Request
      2,536 SF

      3542 Edwards Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,536 SF
      3542 Edwards Rd, Cincinnati, OH 45208-1358
      View Details
    • Value Estimation
      $530,000
      11,321 SF

      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
      View Details

    Similar Nearby for Sale

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      1,580 SF retail space with parking in rear.
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    Similar Nearby for Lease

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      Retail/Office Space on Madison Rd

      Well-appointed retail or office space with parking in prime location.
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      Adaptable Office Space in Cincinnati

      Office space with open layout, parking, and high visibility.
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      Hyde Park Office Building For Lease

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    • $1,250 /Mo
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      Hyde Park Square Office Space

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

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    • $25 SF/Yr
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      Downtown Cincinnati Office Space

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    2112 Madison Rd
    Cincinnati, OH 45208
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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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