Back to Search
Property profile & analytics
FOR LEASE
Community centers
4530 Eastgate Blvd Cincinnati, OH 45245
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1969386
For Lease
$17,500,000
4530 Eastgate Blvd, Cincinnati, OH 45245
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Construction
CONCRETE BLOCKS
Total area
78,145 SF
Lot
19.91 ac (867,149 SF)
APN
41-31-05D-158
UPID
US66-1969386
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
-
Victory Nails Nail Salon
-
Kroger Grocery & Convenience Store Food Market
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
All Smiles Dental Studio of Eastgate Cincinnati Dental Office
-
ANDREA BRUNACINI Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$17.50M
CAP Approach
CAP
$16.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.50M
Owner & transaction history
Lvp Center LLC · 2 yrs held
Lvp Center LLC
since 2024
Last sale
$17.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$14.3M
+111.4%
Restaurant
$13.0M
+91.8%
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
$17,500,000
ML approach
$17,500,000
CAP Approach
CAP Return
Estimation
6%
$17,440,000
6.5%
$16,100,000
7%
$14,950,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$14,330,000
Change: +111% · Conversion: Difficult
RESTAURANT
$13,000,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$17.50M
Range $15.75M – $19.25M · ±10% · vs last sale $17.50M (Jun 13 2024)
Last sale anchor
$17.50M
Jun 13 2024
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
$224 / 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
$382,335
Tax year 2023
Assessed value
$5,604,660
Assessed 2023
Previous assessed
$5,604,660
+0.0% YoY
Effective rate
6.82%
On assessed value
Assessed land
$1,720,040
Assessed improvement
$3,884,620
Land market value
$4,914,400
Improvement market value
$11,098,900
Total market value
$16,013,300
Applied tax rate
41.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1991
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
5
Bathrooms
3
Total area
78,145 SF
Lot
19.91 ac (867,149 SF)
APN
41-31-05D-158
UPID
US66-1969386
Jurisdiction
CLERMONT
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
AUTO REPAIR, GARAGE
Est. value
$14.3M
RESTAURANT
Est. value
$13.0M
AUTO REPAIR, GARAGE
RESTAURANT
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
1991
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
5
Bathrooms
3
Lot
19.91 ac
Current owner
From public records · entity-resolved
Lvp Center LLC
Entity
Mailing address
840 E HIGH ST, LEXINGTON, KY 40502-2107
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2024
$17,500,018
Lvp Center LLC
Irc Eastgate Crossing LLC
Limited Warranty Deed
$12,207,000 · Wesbanco Bank INC
Dec 27, 2019
—
Irc Eastgate Crossing LLC
Inland Eastgate Crossing LLC
Quit Claim Deed
related
$250,000,000 · Citizens Bank NA
Jun 3, 2015
$21,060,000
Inland Eastgate Crossing LLC
Eastgate Crossing Cmbs LLC
Grant Deed
related
$16,720,000 · Bank/new York #2007-iq14 (ce)
Mar 12, 2008
—
Eastgate Co
Circuit City Stores INC
Quit Claim Deed
related
—
May 1, 2007
—
Eastgate Crossing Cmbs LLC
Eastgate Co
Limited Warranty Deed
$16,720,000 · Us Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
