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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Medical Office Space
4021 Harrison Ave Cincinnati, OH 45211-4639
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US66-5483104
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Total area
4,086 SF
Lot
0.35 ac (15,290 SF)
APN
551-0007-0413-00
UPID
US66-5483104
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
-
Jewish Vocational Services Charitable Organization Social Service Agency
-
Cincinnati Chiropractic, LLC Alternative Medicine Practice
-
Dr. Andrew J. Limle, DC Alternative Medicine Practice
-
Early Learning & Fine Arts Child Care Tutoring Service Training Center
-
Brianna Opperman, DC, CCSP Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$555k
Owner & transaction history
Andrew Limle Ltd · 18 yrs held
Andrew Limle Ltd
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$750,000
+57.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$475,000
Current use
AUTO REPAIR, GARAGE
$750,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$435,000
Change: -9% · Conversion: Easy
RETAIL STORES
$390,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
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
$136 / 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
$16,524
Tax year 2023
Assessed value
$195,279
Assessed 2023
Previous assessed
$148,260
+31.7% YoY
Effective rate
8.46%
On assessed value
Assessed land
$42,462
Assessed improvement
$152,817
Land market value
$121,320
Improvement market value
$436,620
Total market value
$557,940
Applied tax rate
19.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1981
Heating
YES
Stories
1
Rooms
4
Total area
4,086 SF
Lot
0.35 ac (15,290 SF)
APN
551-0007-0413-00
UPID
US66-5483104
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
MEDICAL BUILDING Current
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$750,000
OFFICE BUILDING
Est. value
$435,000
RETAIL STORES
Est. value
$390,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1981
Heating
YES
Stories
1
Rooms
4
Lot
0.35 ac
Current owner
From public records · entity-resolved
Andrew Limle Ltd
Individual
Mailing address
4021 HARRISON AVE, CINCINNATI, OH 45211-4639
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2020
—
Andrew Limle Ltd
—
Deed
related
$325,000 · Us Bank NA
Oct 18, 2016
—
Andrew Limle Ltd
—
Deed
related
$360,000 · Cincinnati Fed'l
Jun 4, 2008
$490,000
Andrew Limle Ltd
Hummel Properties Ltd
Warranty Deed
$245,000 · Aurgroup Financial Cu
May 29, 2003
$350,000
Hummel Properties Ltd
Pacific Land Exchange Mpp
Grant Deed
$315,000 · Pacific Land Exchange Mpp
Jan 11, 2002
$350,000
Money Purchase Plan Ple
Athota Sarkar & Chunduri
Trustees Deed
—
—
—
Andrew Limle Ltd
—
Deed Of Trust
related
$325,000 · Us Bk
—
—
Andrew Limle Ltd
—
Deed Of Trust
related
$360,000 · Cincinnati Fed'l
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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