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Property profile & analytics
OFF-MARKET
Estimated value
$4,790,000
Retail space
2300 Kemper Rd Cincinnati, OH 45241-6501
Entity Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1255026
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
31,014 SF
Lot
13.35 ac (581,439 SF)
APN
608-0022-0036-00
UPID
US66-1255026
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
-
Back Tree Service Landscaping General Contractor
-
The Environmental Training Center Training Center
-
Target World Gun Shop
-
Top Prospect Group Employment Agency
-
Mattress & Furniture Express Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.50M
Comparable Approach
Comparable
$4.59M
Blend (final)
Blend
$4.79M
Owner & transaction history
KEMPER CENTER LLC
KEMPER CENTER LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.7M
+91.1%
Restaurant
$5.2M
+73.4%
Medical building
$3.6M
+21.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,960,000
6.5%
$5,500,000
7%
$5,110,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,975,000
Current use
AUTO REPAIR, GARAGE
$5,685,000
Change: +91% · Conversion: Difficult
RESTAURANT
$5,160,000
Change: +73% · Conversion: Easy
MEDICAL BUILDING
$3,600,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$4.79M
Range $4.31M – $5.27M · ±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
$154 / 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
$90,416
Tax year 2023
Assessed value
$1,349,928
Assessed 2023
Previous assessed
$1,235,854
+9.2% YoY
Effective rate
6.70%
On assessed value
Assessed land
$283,202
Assessed improvement
$1,066,726
Land market value
$809,150
Improvement market value
$3,047,790
Total market value
$3,856,940
Applied tax rate
175.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Heating
YES
Stories
1
Rooms
11
Total area
31,014 SF
Lot
13.35 ac (581,439 SF)
APN
608-0022-0036-00
UPID
US66-1255026
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
RETAIL STORES Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$5.7M
RESTAURANT
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$3.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
1989
Heating
YES
Stories
1
Rooms
11
Lot
13.35 ac
Current owner
From public records · entity-resolved
KEMPER CENTER LLC
Entity
Free & Clear · 0 yrs held
Mailing address
119 E CT ST #308, CINCINNATI, OH 45202-1203
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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