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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office buildings
436 13th St, Covington, KY 41011-2229
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US34-0113912
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.1 ac (4,312 SF)
APN
055-11-14-001.00
UPID
US34-0113912
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
-
Emergency Shelter of Northern Kentucky Charitable Organization Social Service Agency
-
Sales Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Kenton County Kentuck · 6 yrs held
Kenton County Kentuck
since 2020
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
$515,000
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $650k (Jan 6 2020)
Last sale anchor
$650k
Jan 6 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
—
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
Assessed value
$1,711,000
Assessed 2023
Previous assessed
$1,711,000
+0.0% YoY
Assessed land
$111,000
Assessed improvement
$1,600,000
Land market value
$111,000
Improvement market value
$1,600,000
Total market value
$1,711,000
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
0.1 ac (4,312 SF)
APN
055-11-14-001.00
UPID
US34-0113912
Jurisdiction
KENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Kenton County Kentuck
Entity
Mailing address
1840 SIMON KENTON WAY STE #5200, COVINGTON, KY 41011-3696
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
—
Kenton County Kentuck
Saint Elizabeth Medical Ctr In
Grant Deed
related
—
Dec 13, 2019
$650,000
Saint Elizabeth Medical Ctr In
Steffen Realty INC
Grant Deed
—
Feb 20, 2017
$300,000
Steffen Realty INC
411 Watkins LLC
Grant Deed
—
Apr 24, 2013
—
411 Watkins LLC
Saint Elizabeth Medical Center
Quit Claim Deed
related
—
Feb 8, 2008
—
411 Watkins LLC
Rsvp Equipment Of Greater Cincinn
Grant Deed
related
—
Sep 28, 2007
—
Cincinnati Capital Ptrs Lxxvii
Rsvp Equipment Of Greater Cincinn
Quit Claim Deed
related
—
May 12, 2006
$250,000
Rsvp Equipment Of Grtr Cincinnati
Goering,john B
Grant Deed
$226,375 · Huntington National Bank
—
—
411 Watkins LLC
—
Deed Of Trust
related
$102,352 · Huntington National Bank
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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