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    Property profile & analytics

    2896 State Rte 232 Bethel, OH 45106-9532

    • Office buildings
    • 3,500 SF
    • 19.13 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US66-2750166
    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

    • Office buildings

    Property Details for 2896 State Rte 232

    Year built
    1984
    Construction
    BRICK
    Lot size
    19.13 lot acres
    Property size
    3,500 SF
    Property type
    Office buildings
    APN
    32-30-12M-075
    APU
    323012M075

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $310,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $260,000
      Mixed-Use
      $300,000
      Hospitality
      $320,000
      Educational
      $335,000
      Residential Income
      $330,000
      Energy
      $240,000
      Income-Based Land
      $275,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Bethel
    County
    Clermont
    State
    Ohio
    Longitude
    -84.1115
    Latitude
    38.9626
    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
    $5,910
    $53,130
    $51,700
    $104,830
    -
    $151,800
    $147,700
    $299,500

    Comparable in this City

    • Value Estimation by Request
      672 SF

      228 Plane St

      OFFICE BUILDING • 672 SF
      228 Plane St, Bethel, OH 45106-1308
      View Details
    • Value Estimation by Request
      2,576 SF

      320 Plane St

      OFFICE BUILDING • 2,576 SF
      320 Plane St, Bethel, OH 45106-1310
      View Details
    • Value Estimation
      $1,180,000
      660 SF

      2730 State Rte 222

      OFFICE BUILDING • 660 SF
      2730 State Rte 222, Bethel, OH 45106-9577
      View Details
    • Value Estimation
      $450,000
      6,352 SF

      149 St

      OFFICE BUILDING • 6,352 SF
      149 St, Bethel, OH 45106-1201
      View Details
    • Value Estimation
      $405,000
      2,480 SF

      3090 Angel Dr

      OFFICE BUILDING • 2,480 SF
      3090 Angel Dr, Bethel, OH 45106-9533
      View Details
    • Value Estimation
      $455,000
      12,432 SF

      120 Main St

      OFFICE BUILDING • 12,432 SF
      120 Main St, Bethel, OH 45106-1001
      View Details

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    2896 State Rte 232
    Bethel, OH 45106-9532
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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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