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    Property profile & analytics

    2651 Highland Ave Cincinnati, OH 45212

    • Day care centers
    • 3,176 SF
    • 0.38 lot acres
    For Sale
    View listing
    $750,000
    Value Estimation
    Last Sale
    May 29, 2024
    $395,000
    Location Intelligence
    Property ID
    US66-0659849
    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

    • The Willow Tree House Preschool and Daycare / Preschool

    Property Details for 2651 Highland Ave

    Year built
    1966
    Lot size
    0.38 lot acres
    Property size
    3,176 SF
    Property type
    Day care centers
    APN
    092-0001-0060-00
    APU
    920001006000

    Description

    This exceptional investment opportunity presents a stabilized, single-tenant daycare center located at 2651 Highland Ave, Cincinnati, OH 45219. The property boasts a 4,000 square foot building on a 0.38-acre lot, constructed in 1966. Currently operating under a 10-year Net Net (NN) lease commencing June 10, 2024, and expiring September 30, 2034, this property offers significant long-term stability. The lease includes rent bumps, ensuring consistent income growth. The property features 12 parking spaces and is conveniently located near the University of Cincinnati and area hospitals. The current Net Operating Income (NOI) is $40,700, yielding an 8.14% cap rate. Pro-forma NOI is projected at $59,142, resulting in an 11.83% pro-forma cap rate. This well-maintained, established daycare center represents a compelling investment opportunity with substantial upside potential. The property's strong location, long-term lease, and built-in rent increases make it an attractive addition to any portfolio. The Hamilton County Assessor's Parcel Number (APN) is 092-0001-0060-00. The asking price for this turnkey operation is $500,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $380,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $355,000
      Mixed-Use
      $375,000
      Hospitality
      $395,000
      Educational
      $355,000
      Residential Income
      $350,000
      Energy
      $365,000
      Income-Based Land
      $330,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.5034
    Latitude
    39.1302
    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
    $11,344
    $46,001
    $91,819
    $137,820
    -
    $131,430
    $262,340
    $393,770

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

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    • Value Estimation
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      0.32 Acres

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      126 Dorchester Ave

      CHARITABLE ORGANIZATION • 0.06 Acres
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    • Value Estimation by Request
      0.02 Acres

      Dorchester Ave

      CHARITABLE ORGANIZATION • 0.02 Acres
      Dorchester Ave, Cincinnati, OH 45219
      View Details

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    2651 Highland Ave
    Cincinnati, OH 45212
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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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