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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Apartment buildings
2300 Walden Gln Cir Cincinnati, OH 45231-1402
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2821170
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Total area
10,720 SF
Lot
7.19 ac (313,371 SF)
APN
510-0031-0002-00
UPID
US66-2821170
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
-
The Parkton Apartment Complex
-
Ashley Woods Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Spectrum Mid America LLC · 1 yrs held
Spectrum Mid America LLC
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+118.2%
Restaurant
$1.8M
+98.0%
Medical building
$1.2M
+38.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$900,000
Current use
AUTO REPAIR, GARAGE
$1,965,000
Change: +118% · Conversion: Difficult
RESTAURANT
$1,785,000
Change: +98% · Conversion: Difficult
MEDICAL BUILDING
$1,245,000
Change: +38% · Conversion: Moderate
OFFICE BUILDING
$1,140,000
Change: +26% · Conversion: Moderate
RETAIL STORES
$1,030,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$950,000
Change: +5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$930,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$113 / 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
$188,979
Tax year 2023
Assessed value
$2,423,382
Assessed 2023
Previous assessed
$1,550,378
+56.3% YoY
Effective rate
7.80%
On assessed value
Assessed land
$464,940
Assessed improvement
$1,958,442
Land market value
$1,328,400
Improvement market value
$5,595,550
Total market value
$6,923,950
Applied tax rate
141.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Heating
YES
Stories
2
Rooms
8
Total area
10,720 SF
Lot
7.19 ac (313,371 SF)
APN
510-0031-0002-00
UPID
US66-2821170
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$2.0M
RESTAURANT
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$930,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1970
Heating
YES
Stories
2
Rooms
8
Lot
7.19 ac
Current owner
From public records · entity-resolved
Spectrum Mid America LLC
Entity
Mailing address
4101 CASHARD AVE, INDIANAPOLIS, IN 46203-6044
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
—
Spectrum Mid America LLC
Nprc Parkton LLC
Agreement Of Sale
—
Jan 22, 2024
—
Nprc Parkton LLC
The Parkton Apartments Of Cincinnat
Limited Warranty Deed
—
Jan 15, 2019
—
Parkton Apartments Of Cincinnati Ll
Ashley Woods Acquisition LLC
Limited Warranty Deed
$23,750,000 · Merchants Bank Of Indiana
Jun 6, 2014
$9,700,000
Ashley Woods Apartments LP
Ashley Woods LP
Trustees Deed
$7,425,000 · Greystone Svcg
Apr 28, 2000
$55,000
Oren Livengood
Lancastert,audrey G
Trustees Deed
—
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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