Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    421 Wards Cor Rd Loveland, OH 45140-9027
    Back to Search
    Property profile & analytics

    421 Wards Cor Rd, Loveland, OH 45140-9027

    View on Map
    • Investment properties
    • 7,660 SF
    • 1.02 lot acres
    Off-Market
    Property ID
    US66-1270415
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,000,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • At Home Integrations, Inc. / Home Appliance Store / IT Consulting Firm

    Property Details for 421 Wards Cor Rd

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.02 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    18-25-18B-243
    APU
    182518B243

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 31, 2021 — Dc Miller LLC — Deed · related $434k · The Huntington National Bank
    May 24, 2019 $415,000 Dc Miller LLC Cain Capital Investments LLC Warranty Deed $300k · The Huntington National Bank
    Aug 18, 2017 — Cain Capital Investments LLC Cain,r Charles & Angela M Quit Claim Deed $1.5M · Branch Bk&tr
    Jul 24, 2017 — R Charles Cain Wards Corner LLC Quit Claim Deed —
    May 2, 2017 $60,000 Perin Real Estate LLC Wards Corner LLC Warranty Deed —
    Jan 27, 2017 — Wards Corner LLC Double Bogey LLC Grant Deed · related —
    Jul 27, 2006 — Wards Cornere LLC Wards Corner LLC Quit Claim Deed · related —
    Jun 17, 2005 $1,233,700 Wards Corner LLC Berling,james T & Mary M Grant Deed $1M · Bank Of Kentucky

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,100,000
      6.5%
      $1,015,000
      7%
      $945,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,073,000
      Market price range: $406k - $1.24M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,275,000
      Current use
      OFFICE BUILDING
      $1,095,000
      Change: -14% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,090,000
      Change: -15% Conversion: Difficult
      RETAIL STORES
      $1,075,000
      Change: -16% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,025,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Clermont
    State
    Ohio
    Longitude
    -84.2863
    Latitude
    39.221
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,778
    $46,550
    $132,060
    $178,610
    -
    $133,000
    $377,300
    $510,300

    Comparable in this City

    • Value Estimation
      $965,000
      6,350 SF

      6283 Tri Rdg Blvd

      STORE/OFFICE (MIXED USE)
      6283 Tri Rdg Blvd, Loveland, OH 45140-8318
      View Details
    • Value Estimation
      $7,265,000
      73,138 SF

      457 Wards Cor Rd

      STORE/OFFICE (MIXED USE)
      457 Wards Cor Rd, Loveland, OH 45140-9027
      View Details
    • Value Estimation
      $2,160,000
      14,400 SF

      6300 Smith Rd

      STORE/OFFICE (MIXED USE)
      6300 Smith Rd, Loveland, OH 45140-1588
      View Details
    • Value Estimation by Request
      3,708 SF

      581 Br Hl Loveland Rd

      STORE/OFFICE (MIXED USE)
      581 Br Hl Loveland Rd, Loveland, OH 45140-6802
      View Details
    • Value Estimation
      $945,000
      8,700 SF

      557 Sycamore Ave

      STORE/OFFICE (MIXED USE)
      557 Sycamore Ave, Loveland, OH 45140-8872
      View Details
    • Value Estimation by Request
      3,552 SF

      1357 State Rte 28

      STORE/OFFICE (MIXED USE)
      1357 State Rte 28, Loveland, OH 45140-8426
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Lot in Loveland Entertainment District

      2.00 acre commercial lot with high traffic frontage.
      Loveland Madeira Rd, Loveland, OH 45140
      View Details
    • Contact for pricing
      Pending

      Wilden Woods Kennel on 8.45 Acres

      Established kennel with a block building and colonial home.
      1140 Weber Rd, Loveland, OH 45140
      View Details
    • $69,900
      0.18 Acres

      Residential Land in Deerfield Twp.

      Building lot in Deerfield Twp., OH with existing septic.
      9653 Shore Dr, Loveland, OH 45140
      View Details
    • Contact for pricing
      3,576 SF

      Raising Cane's Investment Opportunity

      Corporately owned Raising Cane’s in Loveland, OH for sale.
      3901 West Ave, Lebanon, OH 45140
      View Details
    • $975,000
      Pending

      Flex Warehouse and Showroom

      Versatile showroom and warehouse setup with dock, drive-in door, offices, and ample parking on a high-traffic route.
      1527 St Rt 28, Loveland, OH 45140
      View Details
    • Contact for pricing
      200,000 SF

      Tri Ridge Blvd Office Space

      Office property with 200,000 square feet of space.
      6287 Tri Ridge Blvd, Loveland, OH 45140
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      19,100 SF

      Warehouse Space in Commerce Park

      Warehouse space with easy access to I-71 and I-275.
      100 Commerce Dr, Loveland, OH 45140
      View Details
    • $577 /Mo

      Loveland Retail and Storage Units

      Flexible retail and storage units in a convenient Loveland location.
      10900 Loveland Madeira Rd, Loveland, OH 45140
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space For Rent

      Retail space available for rent, 1500 square feet.
      9147-9187 Lighthouse Way, Loveland, OH 45140
      View Details
    • Contact for pricing
      12,500 SF

      Available Flex Space in Loveland

      Flex space in Symmes Township, close to I-275.
      8956 Glendale Milford Rd, Loveland, OH 45140
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    421 Wards Cor Rd
    Loveland, OH 45140-9027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    421 Wards Cor Rd, Loveland, OH, 45140
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!