Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3511 Debolt Rd Cincinnati, OH 45244-3419
    Back to Search
    Property profile & analytics

    3511 Debolt Rd, Cincinnati, OH 45244-3419

    View on Map
    • Specialty properties
    • 8,468 SF
    • 1.71 lot acres
    Off-Market
    Last Sale Aug 19, 2024
    $700,000
    Property ID
    US66-2389663
    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.
    Value Estimations
    $610,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 3511 Debolt Rd

    Year built
    1900
    Lot size
    1.71 lot acres
    Property type
    Specialty properties
    APN
    501-0006-0057-00
    APU
    5010006005700

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 19, 2024 $700,000 3511 Debolt LLC Sdtoothouse 61 LLC Warranty Deed —
    May 5, 2022 — Schoolhouse 61 LLC — Deed · related $197k · Us Bank NA
    Feb 14, 2019 — Schoolhouse 61 LLC Blackwelder,taylor & Megan Quit Claim Deed · related —
    Jun 16, 2017 $200,000 Taylor Blackwelder Yeatman Lodge 162 Warranty Deed $160k · Yeatman's M Lodge
    Apr 14, 2015 — Yeatman Lodge 162 Gerard Lodge 428 F & Am Warranty Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $588,000
      Market price range: $589k - $1.23M
      AI Estimate
      $456,000
      Market price range: $372k - $1.13M

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $870,000
      Current use
      MEDICAL BUILDING
      $985,000
      Change: +13% Conversion: Difficult
      OFFICE BUILDING
      $900,000
      Change: +3% Conversion: Difficult
      RETAIL STORES
      $810,000
      Change: -7% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $750,000
      Change: -14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $735,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.3664
    Latitude
    39.1251
    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
    $9,266
    $13,591
    $91,812
    $105,403
    -
    $38,830
    $262,320
    $301,150

    Comparable in this City

    • Value Estimation by Request
      1,326 SF

      6550 Clough Pike

      CHARITABLE ORGANIZATION
      6550 Clough Pike, Cincinnati, OH 45244-4029
      View Details
    • Value Estimation by Request
      1,139 SF

      8110 Clough Pike

      CHARITABLE ORGANIZATION
      8110 Clough Pike, Cincinnati, OH 45244
      View Details
    • Value Estimation by Request
      1,495 SF

      523 Old State Rte 74

      CHARITABLE ORGANIZATION
      523 Old State Rte 74, Cincinnati, OH 45244-2141
      View Details
    • Value Estimation
      $1,105,000
      11,346 SF

      497th Old State Rte 74

      PROFESSIONAL CLUBS/ASSOCIATIONS
      497th Old State Rte 74, Cincinnati, OH 45244-4212
      View Details
    • Value Estimation
      $515,000
      2,652 SF

      4623 Aicholtz Rd

      CHARITABLE ORGANIZATION
      4623 Aicholtz Rd, Cincinnati, OH 45244-1447
      View Details
    • Value Estimation by Request
      1,384 SF

      4697 Woodfield Dr

      CHARITABLE ORGANIZATION
      4697 Woodfield Dr, Cincinnati, OH 45244-1362
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      432,429 SF

      Industrial Property for Sale

      Industrial property available for sale.
      8485 Broadwell Rd, Cincinnati, OH 45244
      View Details
    • Contact for pricing
      92,000 SF

      Industrial Property with Rail Access

      133,000 SF industrial space with rail and highway access.
      8361 Broadwell Ave, Cincinnati, OH 45244
      View Details
    • Contact for pricing
      0.66 Acres

      Newtown Office Space For Sale

      Remodeled office space in historic building, Newtown, Ohio.
      3607 Church St, Newtown, OH 45244
      View Details
    • Contact for pricing

      Prime Land on Beechmont Avenue

      1.86 AC land with frontage on Beechmont Avenue.
      5230 Beechmont Ave, Cincinnati, OH 45244
      View Details
    • Contact for pricing

      Remodeled Historic Office Building

      Move-in ready office space with private enclosed rooms, conference areas, and off-street parking in a fully remodeled historic building.
      3607 Church St, Cincinnati, OH 45244
      View Details

    Similar Nearby for Lease

    • $2,255,813

      New Dollar General Investment Property

      New Dollar General in Cincinnati, OH with long-term NNN lease.
      635 Anderson Ave, Cincinnati, OH 45244
      View Details
    • $9 SF/Yr

      Versatile Flex Space Available

      Adaptable office, warehouse, and showroom space for lease.
      3737 Round Bottom Rd, Cincinnati, OH 45244
      View Details
    • Contact for pricing
      2,326 SF

      Retail Space on Beechmont Avenue

      Retail space available November 1st, 2024, next to Luckman Coffee.
      5200-5206 Beechmont Ave, Cincinnati, OH 45244
      View Details
    • Contact for pricing
      3,000 SF

      Former Restaurant Space Available

      Restaurant space with hood, previously used as retail.
      481-485 Old State Route 74, Cincinnati, OH 45244
      View Details
    • Contact for pricing

      Land Available at Signalized Intersection

      1.65 acres at a signalized intersection near Wawa.
      4545 Yates Ln, Cincinnati, OH 45244
      View Details
    • Contact for pricing
      3 SF

      Prime Retail Land Opportunity

      Retail land for ground lease near Wawa and McDonalds.
      550 Old State Route 74, Cincinnati, OH 45244
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3511 Debolt Rd
    Cincinnati, OH 45244-3419
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3511 Debolt Rd, Cincinnati, OH, 45244
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!