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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
3275 Erie Ave Cincinnati, OH 45208-1607
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1579883
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Total area
7,212 SF
Lot
0.25 ac (10,846 SF)
APN
039-0A06-0294-00
UPID
US66-1579883
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
-
Winding Lane Interiors Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$368k
Blend (final)
Blend
$535k
Owner & transaction history
Erie3275 LLC · 4 yrs held
Erie3275 LLC
since 2022
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$840,000
+21.1%
Office building
$765,000
+10.6%
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
$445,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$690,000
Current use
MEDICAL BUILDING
$840,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$765,000
Change: +11% · Conversion: Easy
COMMERCIAL (GENERAL)
$640,000
Change: -8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$625,000
Change: -10% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$605,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $550k (Jul 1 2022)
Last sale anchor
$550k
Jul 1 2022
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
$74 / 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
$15,845
Tax year 2023
Assessed value
$192,499
Assessed 2023
Previous assessed
$166,601
+15.5% YoY
Effective rate
8.23%
On assessed value
Assessed land
$70,612
Assessed improvement
$121,887
Land market value
$201,750
Improvement market value
$348,250
Total market value
$550,000
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1940
Heating
NONE
Stories
1
Rooms
4
Total area
7,212 SF
Lot
0.25 ac (10,846 SF)
APN
039-0A06-0294-00
UPID
US66-1579883
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
RETAIL STORES Current
Est. value
$690,000
MEDICAL BUILDING
Est. value
$840,000
OFFICE BUILDING
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$625,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$605,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1940
Heating
NONE
Stories
1
Rooms
4
Lot
0.25 ac
Current owner
From public records · entity-resolved
Erie3275 LLC
Entity
Mailing address
3665 ERIE AVE, CINCINNATI, OH 45208-1982
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
—
Erie3275 LLC
—
Deed
related
$412,500 · Kemba Credit Union INC
Jul 1, 2022
$550,000
Erie3275 LLC
Lusain Holding LLC
Warranty Deed
—
Apr 7, 2017
$400,000
Lusain Holding LLC
3275 Erie Avenue LLC
Warranty Deed
—
Apr 7, 2017
—
Elizabeth Goldsmith
Campbell,john L
Affidavit Of Death
related
—
Apr 2, 2008
—
3275 Erie Avenue LLC
Goldsmith,elizabeth
Warranty Deed
—
Feb 26, 2008
—
Elizabeth Goldsmith
Goldsmith Elizabeth D
Quit Claim Deed
related
—
—
—
Elizabeth D Goldsmith
—
Deed Of Trust
related
$440,000 · Pnc Bank
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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