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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Investment properties
3330 Erie Ave, Cincinnati, OH 45208-1656
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-1437540
Property summary
AI-generated overview
This exceptional executive office space, located at 3330 Erie Avenue in Cincinnati, Ohio's desirable Hyde Park neighborhood, offers a rare opportunity. The two-story Class B building, constructed in 1975, totals 21,000 square feet and currently has 2,494 square feet of vacant space available. Multiple tenancy options exist, with spaces ranging from a minimum of 1,179 square feet to a maximum contiguous space of 1,315 square feet. The building is conveniently situated on Erie Avenue, providing excellent visibility and signage opportunities. Ample off-street parking is available for tenants and their clients. This property presents an ideal solution for businesses seeking high-quality, well-located office space in a thriving Cincinnati community. The building's Hamilton County location offers easy access to major transportation routes and amenities. The available space is perfect for businesses seeking a professional and efficient workspace in a prime location. This is a fantastic opportunity to establish or expand your business in a highly sought-after area of Cincinnati. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1975
Total area
20,520 SF
Lot
0.63 ac (27,486 SF)
APN
039-0001-0269-00
UPID
US66-1437540
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
-
Dr. Rekha H. Budev, MD Pediatrician Medical Clinic
-
Shine Yoga Center Gym & Fitness Center
-
Gregg Kottyan Pediatrician Medical Clinic
-
Dr. Kathy Sorger Pediatrician Medical Clinic
-
Katherine Balkowiec Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.24M
Owner & transaction history
Tomba II LLC · 11 yrs held
Tomba II LLC
since 2014
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.0M
+8.5%
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)
$1,815,000
Current use
RETAIL STORES
$1,970,000
Change: +8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,780,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,725,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$60 / 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
$54,215
Tax year 2023
Assessed value
$659,208
Assessed 2023
Previous assessed
$498,894
+32.1% YoY
Effective rate
8.22%
On assessed value
Assessed land
$148,197
Assessed improvement
$511,011
Land market value
$423,420
Improvement market value
$1,460,030
Total market value
$1,883,450
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1975
Heating
YES
Cooling
YES
Stories
2
Rooms
4
Total area
20,520 SF
Lot
0.63 ac (27,486 SF)
APN
039-0001-0269-00
UPID
US66-1437540
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
$1.8M
RETAIL STORES
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
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
1975
Heating
YES
Cooling
Yes
Stories
2
Rooms
4
Lot
0.63 ac
Current owner
From public records · entity-resolved
Tomba II LLC
Entity
Mailing address
PO BOX 6136, CINCINNATI, OH 45206-0136
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2014
$1,250,000
Tomba II LLC
Schlake,marilyn J
Grant Deed
—
Jan 10, 2013
—
Marilyn J Schlake
Schlake,bernard H
Quit Claim Deed
related
—
—
—
Marilyn J Schlake
—
Deed Of Trust
related
$150,000 · North Side Bank & Trust
—
—
Merchant National Bank
—
Deed Of Trust
related
$850,000 · Bernard H & Marilyn J Schlake
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.
Try Rey
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