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Property profile & analytics
OFF-MARKET
Estimated value
$26,595,000
Commercial real estate
2700 Glenway Ave Cincinnati, OH 45204-1738
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-2706912
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Total area
169,636 SF
Lot
20.22 ac (880,696 SF)
APN
172-0017-0001-90
UPID
US66-2706912
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
-
IDEA SChool High School
-
IDEA Price Hill High School Vocational School
-
Restoration Hall Student Dormitory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$31.71M
Comparable Approach
Comparable
$27.14M
Blend (final)
Blend
$26.60M
Owner & transaction history
Mcilk LLC · 5 yrs held
Mcilk LLC
since 2020
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$31.1M
+107.4%
Restaurant
$28.2M
+88.2%
Medical building
$19.7M
+31.4%
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%
$34,350,000
6.5%
$31,710,000
7%
$29,445,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$31,105,000
Change: +107% · Conversion: Difficult
RESTAURANT
$28,225,000
Change: +88% · Conversion: Difficult
MEDICAL BUILDING
$19,705,000
Change: +31% · Conversion: Easy
OFFICE BUILDING
$18,005,000
Change: +20% · Conversion: Easy
RETAIL STORES
$16,275,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$26.60M
Range $23.94M – $29.25M · ±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
$157 / 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
$326,289
Tax year 2023
Assessed value
$3,779,755
Assessed 2023
Previous assessed
$3,779,755
+0.0% YoY
Effective rate
8.63%
On assessed value
Assessed land
$83,391
Assessed improvement
$3,696,364
Land market value
$238,260
Improvement market value
$10,561,040
Total market value
$10,799,300
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
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1982
Heating
NONE
Stories
2
Rooms
8
Total area
169,636 SF
Lot
20.22 ac (880,696 SF)
APN
172-0017-0001-90
UPID
US66-2706912
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
AUTO REPAIR, GARAGE
Est. value
$31.1M
RESTAURANT
Est. value
$28.2M
MEDICAL BUILDING
Est. value
$19.7M
OFFICE BUILDING
Est. value
$18.0M
RETAIL STORES
Est. value
$16.3M
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1982
Heating
NONE
Stories
2
Rooms
8
Lot
20.22 ac
Current owner
From public records · entity-resolved
Mcilk LLC
Entity
Free & Clear · 5 yrs held
Mailing address
115 W PIKE BLVD, WESLACO, TX 78596-4744
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2020
—
Mcilk LLC
Cincinnati Christian Universit
Warranty Deed
—
Dec 11, 2019
—
Cincinnati Christian Unvi
—
Grant Deed
related
$1,248,179 · Central Bk
Jun 29, 2018
—
Cincinnati Christian Unvi
—
Grant Deed
related
$2,700,000 · Central Bk
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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