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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Apartment buildings
3755 Westmont Dr Cincinnati, OH 45205-1281
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-5547612
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
11,704 SF
Lot
1.11 ac (48,177 SF)
APN
205-0019-0071-00
UPID
US66-5547612
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.03M
Owner & transaction history
Ashberry Gardens Apts LLC · 6 yrs held
Ashberry Gardens Apts LLC
since 2020
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+38.2%
Office building
$1.2M
+26.3%
Retail stores
$1.1M
+14.2%
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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,450,000
6.5%
$1,340,000
7%
$1,240,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$985,000
Current use
MEDICAL BUILDING
$1,360,000
Change: +38% · Conversion: Moderate
OFFICE BUILDING
$1,240,000
Change: +26% · Conversion: Moderate
RETAIL STORES
$1,125,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,035,000
Change: +5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,015,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.06M (Mar 12 2020)
Last sale anchor
$1.06M
Mar 12 2020
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
$88 / 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
$14,310
Tax year 2023
Assessed value
$173,842
Assessed 2023
Previous assessed
$103,814
+67.5% YoY
Effective rate
8.23%
On assessed value
Assessed land
$31,920
Assessed improvement
$141,922
Land market value
$91,200
Improvement market value
$405,490
Total market value
$496,690
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
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1977
Heating
YES
Stories
2
Total area
11,704 SF
Lot
1.11 ac (48,177 SF)
APN
205-0019-0071-00
UPID
US66-5547612
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$985,000
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1977
Heating
YES
Stories
2
Lot
1.11 ac
Current owner
From public records · entity-resolved
Ashberry Gardens Apts LLC
Entity
Mailing address
1072 MADISON AVEB9, LAKEWOOD, NJ 08701-2650
Ownership since
2020
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
Mar 12, 2020
—
Ashberry Gardens Apts LLC
608 LP
Grant Deed
related
$8,100,000 · First Fin'l Bk&tr
Apr 2, 2008
$2,827,107
Westmont Financial INC
Sheriff Of Hamilton County
Trustees Deed
related
—
Mar 7, 2001
$1,063,000
Reda INC
Wood,kenneth C A& Frances E
Grant Deed
$787,500 · Peoples Community Bank
Dec 3, 1999
$835,000
Kenneth C Wood
Bichelmeier,richard O & Marian W
Grant Deed
$690,000 · Winton Savings & Loan Co
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.
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