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    Property profile & analytics

    3340 Erie Ave Cincinnati, OH 45208-1624

    • Office buildings
    • 9,746 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    $515,000
    Location Intelligence
    Property ID
    US66-2070592
    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

    • China Gourmet / Chinese Restaurant / Seafood Restaurant
    • Cincinnati BodyWork Solutions / Massage Therapist
    • Cincinnati BodyWork Solutions, LLC / Massage Therapist
    • Kingsview Partners Cincinnati Office / Financial Planner / Financial Advisor
    • Beauty by Bopha / Nail Salon / Eyebrow Bar

    Property Details for 3340 Erie Ave

    Year built
    1976
    Lot size
    0.35 lot acres
    Property size
    9,746 SF
    Property type
    Office buildings
    APN
    039-0001-0011-00
    APU
    390001001100

    Description

    This established Cincinnati restaurant, located at 3340 Erie Avenue in Hamilton County, Ohio (zip code 45208), presents a unique investment opportunity. Priced at $100,000, this 4,968 square foot space boasts seating for 110 patrons and includes ample rear parking. The property features a fully equipped kitchen and all furniture, fixtures, and equipment (FF&E – a detailed inventory list is available). The restaurant has been operating successfully for 47 years and benefits from a valuable full D5/D6 liquor license, permitting Sunday sales. Recent updates include renovated restrooms. The current owner is pursuing other ventures, making this a turnkey operation for a new owner. The interior artwork, valued at over $20,000, is available for separate purchase. The property is offered with a new NNN lease featuring landlord participation and a competitive rental rate for the market. The lease includes options for the tenant. This location offers the flexibility to continue the existing concept or easily transition to a new one. This is a rare chance to acquire a well-established business in a highly desirable Cincinnati neighborhood.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.423
    Latitude
    39.1417
    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
    $23,980
    $66,843
    $225,040
    $291,883
    -
    $190,980
    $642,970
    $833,950

    Comparable in this City

    • Value Estimation
      $510,000
      1,987 SF

      1995 Madison Rd

      OFFICE BUILDING • 1,987 SF
      1995 Madison Rd, Cincinnati, OH 45208-3216
      View Details
    • Value Estimation by Request
      2,054 SF

      3414 Erie Ave

      OFFICE BUILDING • 2,054 SF
      3414 Erie Ave, Cincinnati, OH 45208-1743
      View Details
    • Value Estimation
      $240,000
      2,268 SF

      2134 Madison Rd

      OFFICE BUILDING • 2,268 SF
      2134 Madison Rd, Cincinnati, OH 45208-3239
      View Details
    • Value Estimation
      $455,000
      6,368 SF

      3975 Erie Ave

      OFFICE BUILDING • 6,368 SF
      3975 Erie Ave, Cincinnati, OH 45208-1961
      View Details
    • Value Estimation
      $435,000
      4,050 SF

      3979 Erie Ave

      OFFICE BUILDING • 4,050 SF
      3979 Erie Ave, Cincinnati, OH 45208-1908
      View Details
    • Value Estimation
      $415,000
      4,000 SF

      4855 Eastern Ave

      OFFICE BUILDING • 4,000 SF
      4855 Eastern Ave, Cincinnati, OH 45208-4450
      View Details

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    Similar Nearby for Lease

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      View Details
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    Cincinnati, OH 45208-1624
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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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