Technical
Financial
Distress signals
Property profile

3924 Banks Rd Cincinnati, OH 45245

OFF-MARKET
Garden apartment buildings
Property ID
US66-2528946
6,032 SF 1.15 ac lot Built 1969
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1969
Construction BRICK
Total area 6,032 SF
Lot 1.15 ac (50,094 SF)
APN 41-32-17G-079
UPID US66-2528946

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3924 Banks Rd Cincinnati, OH 45245-2635
Cincinnati metro Census 41201 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$690k
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $700,000 +38.2%
Office building $640,000 +26.3%
Retail stores $580,000 +14.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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