Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,720,000
Warehouses
2136 Reading Rd Cincinnati, OH 45202-1418
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1100595
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1952
Total area
33,358 SF
Lot
0.72 ac (31,233 SF)
APN
090-0002-0211-00
UPID
US66-1100595
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
-
Alack (REDI) Culinary Equipment & Supplies Superstore Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.59M
CAP Approach
CAP
$3.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.72M
Owner & transaction history
Tcc Support Corporation · 1 yrs held
Tcc Support Corporation
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.4M
+112.1%
Commercial (general)
$4.4M
+111.0%
Medical building
$3.9M
+87.6%
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
Method
Estimation
Statistic approach
$2,570,000
ML approach
$2,585,000
CAP Approach
CAP Return
Estimation
6%
$3,250,000
6.5%
$3,000,000
7%
$2,790,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,065,000
Current use
OFFICE BUILDING
$4,380,000
Change: +112% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,360,000
Change: +111% · Conversion: Difficult
MEDICAL BUILDING
$3,875,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$3,200,000
Change: +55% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,895,000
Change: +40% · Conversion: Moderate
Blend value · Realmo final
$2.72M
Range $2.45M – $2.99M · ±10%
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
$82 / 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
$11,622
Tax year 2023
Assessed value
$141,033
Assessed 2023
Previous assessed
$80,871
+74.4% YoY
Effective rate
8.24%
On assessed value
Assessed land
$28,970
Assessed improvement
$112,063
Land market value
$82,770
Improvement market value
$320,180
Total market value
$402,950
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1952
Heating
NONE
Rooms
11
Total area
33,358 SF
Lot
0.72 ac (31,233 SF)
APN
090-0002-0211-00
UPID
US66-1100595
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$3.9M
RETAIL STORES
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Rooms
11
Lot
0.72 ac
Current owner
From public records · entity-resolved
Tcc Support Corporation
Entity
Mailing address
311 MARTIN LUTHER KING DR E UNIT E, CINCINNATI, OH 45219-2581
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
—
Tcc Support Corporation
Tcc Support Corporation
Deed
related
—
Feb 4, 2025
—
The Crossroads Center
Tcc Support Corporation
Deed
$6,646,668 · Pnc Bank NA
Dec 19, 2024
—
2136 Reading Holding LLC
—
Deed
related
$430,000 · Mental Health And Addiction Services
Jul 23, 2024
—
2136 Reading Holdings LLC
—
Deed
related
$617,953 · Ohio Department Of Mental Health And Add
Dec 14, 2023
$2,500,000
2136 Reading Holding LLC
Qri Incorporated
Warranty Deed
—
Dec 26, 2018
—
Ori INC
—
Deed
related
—
—
—
Ori INC
—
Loan Modification
related
—
—
—
Qri INC
—
Deed Of Trust
related
$362,047 · Fifth Third Bank N Kentucky
—
—
Qri INC
—
Deed Of Trust
related
$375,000 · Fifth Third Bank N Kentucky
—
—
Qri INC
—
Deed Of Trust
related
$380,259 · Fifth Third Bank N Kentucky
—
—
Q R I INC
—
Deed Of Trust
related
$675,000 · Fifth Third Bank N Kentucky
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 2136 Reading Rd?
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.
