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Property profile & analytics
OFF-MARKET
Retail residential properties

3929 Spg Grv Ave Cincinnati, OH 45223-2682

6,600 SF 0.14 ac lot Built 1926
Entity Owned 13-yr Hold Free & Clear
Property ID
US66-5866348
Property summary
AI-generated overview

This exceptional retail property, located at 3929 Spring Grove Avenue in Cincinnati, Ohio, 45223, presents a unique investment opportunity. The building offers a total of 6,600 square feet of street-level retail space, currently configured for multiple tenants. A significant portion of the space, totaling 3,300 square feet, is currently vacant and ready for immediate occupancy. This presents a prime chance for a business to establish a strong presence in a vibrant Cincinnati neighborhood. The property's street-level location ensures high visibility and accessibility for customers. The existing infrastructure is well-maintained, providing a solid foundation for a new tenant or tenants. The property's address is 3929 Spring Grove Ave, Cincinnati, OH 45223, and its coordinates are 39.1578429 latitude and -84.5402092 longitude. The property type is retail, specifically street retail, and is suitable for a variety of businesses. The multiple tenancy allows for flexibility in leasing arrangements. This is an excellent opportunity to secure a prominent retail location in a thriving area of Cincinnati. The vacant space offers immediate potential for growth and revenue generation. Serious inquiries are encouraged to explore this promising investment.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1926
Total area 6,600 SF
Lot 0.14 ac (6,316 SF)
APN 193-0003-0014-00
UPID US66-5866348
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
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
South Block Properties Ltd · 13 yrs held
South Block Properties Ltd
since 2013
7 recorded transactions
2013
$75,000
2011
$125,000
2008
$255,000
2006
$195,000
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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