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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Retail residential properties
350 Warner St Cincinnati, OH 45219-1143
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-5211065
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1891
Total area
6,321 SF
Lot
0.08 ac (3,485 SF)
APN
100-0001-0004-00
UPID
US66-5211065
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
-
Ravine Street Market Grocery & Convenience Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$690k
Owner & transaction history
Warner Diversified LLC · 10 yrs held
Warner Diversified LLC
since 2016
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+88.2%
Medical building
$735,000
+31.4%
Office building
$670,000
+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)
$560,000
Current use
RESTAURANT
$1,050,000
Change: +88% · Conversion: Difficult
MEDICAL BUILDING
$735,000
Change: +31% · Conversion: Easy
OFFICE BUILDING
$670,000
Change: +20% · Conversion: Easy
RETAIL STORES
$605,000
Change: +8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$530,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$109 / 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
$9,169
Tax year 2023
Assessed value
$111,188
Assessed 2023
Previous assessed
$154,648
-28.1% YoY
Effective rate
8.25%
On assessed value
Assessed land
$7,063
Assessed improvement
$104,125
Land market value
$20,180
Improvement market value
$297,500
Total market value
$317,680
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1891
Heating
NONE
Stories
2
Rooms
8
Total area
6,321 SF
Lot
0.08 ac (3,485 SF)
APN
100-0001-0004-00
UPID
US66-5211065
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
$560,000
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$735,000
OFFICE BUILDING
Est. value
$670,000
RETAIL STORES
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$530,000
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
1891
Heating
NONE
Stories
2
Rooms
8
Lot
0.08 ac
Current owner
From public records · entity-resolved
Warner Diversified LLC
Entity
Mailing address
350 WARNER ST, CINCINNATI, OH 45219-1143
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2023
—
Warner Diversified LLC
—
Deed
related
$300,000 · Telhio Cu INC
Jun 21, 2016
$360,000
Warner Diversified LLC
Ap Diversified Holdings LLC
Warranty Deed
$266,000 · Centerbank
Jul 19, 2012
$238,025
Ap Diversified Holdings LLC
Prospect 1 Properties LLC
Grant Deed
related
—
Apr 13, 2006
$322,500
Amy Whitaker
Morgan,andrew P & Lisa K
Warranty Deed
$258,000 · Clifton Heights S & L Co
Oct 4, 2004
$290,000
Andrew P Morgan
Stewart,richard N P & Dianne B
Warranty Deed
$232,000 · Clifton Heights S&l Co
—
—
Andrew P Morgan
—
Deed Of Trust
related
$10,000 · Richard N P & Dianne B Stewart
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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