New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
370 Glensprings Dr, Cincinnati, OH 45246-2304
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-0095818
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1978
Total area
5,055 SF
Lot
1.59 ac (69,478 SF)
APN
599-0050-0368-00
UPID
US66-0095818
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
-
Las islas Marías Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pablo A Ramirez · 7 yrs held
Pablo A Ramirez
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,065
Tax year 2023
Assessed value
$165,592
Assessed 2023
Previous assessed
$165,592
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$143,787
Assessed improvement
$21,805
Land market value
$410,820
Improvement market value
$62,300
Total market value
$473,120
Applied tax rate
178.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1978
Heating
YES
Stories
1
Total area
5,055 SF
Lot
1.59 ac (69,478 SF)
APN
599-0050-0368-00
UPID
US66-0095818
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
Building & site characteristics
From public records
Year built
1978
Heating
YES
Stories
1
Lot
1.59 ac
Current owner
From public records · entity-resolved
Pablo A Ramirez
Individual
Mailing address
2722 N MERRIMAC AVE, CHICAGO, IL 60639-1018
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2019
$450,000
Pablo A Ramirez
Spring Valley Bank
Warranty Deed
$360,000 · Spring Valley Bank
Dec 5, 2016
$334,000
Spring Vly Bk
Sheriff Of Hamilton County|kangaroo Foods LLC
Trustees Deed
related
—
Sep 12, 2012
—
Kangaroo Foods LLC
K Investments Limited
Limited Warranty Deed
$890,500 · Spring Valley Bank
May 3, 2005
$805,000
K Investments Ltd
Gen II LLC
Warranty Deed
$900,000 · First National Community Bank
Mar 25, 2003
—
Springdale City (oh)
Theiss,william & Cynthia G
Quit Claim Deed
related
—
Sep 25, 1998
—
William Theiss
Theiss Enterprises INC
Quit Claim Deed
related
$450,000 · Pnc Bank
Jun 6, 1997
$825,000
Theiss Enterprises INC
Mmpi INC
Grant Deed
—
—
—
William Theiss
—
Deed Of Trust
related
$750,000 · Key Bank NA
—
—
William Theiss
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 370 Glensprings Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
