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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Retail residential properties
3028 Price Ave, Cincinnati, OH 45205-1925
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-3719341
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1912
Total area
8,323 SF
Lot
0.15 ac (6,403 SF)
APN
175-0016-0167-00
UPID
US66-3719341
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
-
Title One Agency - Cincinnati OH Title Company with Best Rates Real Estate Agency
-
Cutler Real Estate Real Estate Agency
-
The Flats Art Gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$950k
Blend (final)
Blend
$860k
Owner & transaction history
Kb Partners LLC An Ohio Limite · 13 yrs held
Kb Partners LLC An Ohio Limite
since 2013
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+88.2%
Medical building
$965,000
+31.4%
Office building
$885,000
+20.0%
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
COMMERCIAL (GENERAL)
$735,000
Current use
RESTAURANT
$1,385,000
Change: +88% · Conversion: Difficult
MEDICAL BUILDING
$965,000
Change: +31% · Conversion: Easy
OFFICE BUILDING
$885,000
Change: +20% · Conversion: Easy
RETAIL STORES
$800,000
Change: +8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$720,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$700,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$103 / 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
$5,993
Tax year 2023
Assessed value
$72,321
Assessed 2023
Previous assessed
$62,531
+15.7% YoY
Effective rate
8.29%
On assessed value
Assessed land
$14,165
Assessed improvement
$58,156
Land market value
$40,470
Improvement market value
$166,160
Total market value
$206,630
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1912
Heating
YES
Stories
3
Total area
8,323 SF
Lot
0.15 ac (6,403 SF)
APN
175-0016-0167-00
UPID
US66-3719341
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
COMMERCIAL (GENERAL) Current
Est. value
$735,000
RESTAURANT
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$965,000
OFFICE BUILDING
Est. value
$885,000
RETAIL STORES
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$700,000
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1912
Heating
YES
Stories
3
Lot
0.15 ac
Current owner
From public records · entity-resolved
Kb Partners LLC An Ohio Limite
Entity
Mailing address
2155 W 8TH ST, CINCINNATI, OH 45204-2051
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2013
$228,045
Kb Partners LLC An Ohio Limite
B & B Real Estate Investment
Grant Deed
$228,045 · B & B Real Estate Investment &
Nov 4, 2009
$30,000
B Investment
Lee,hee S
Grant 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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