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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Retail residential properties
4804 Whetsel Ave, Cincinnati, OH 45227-2371
Individually Owned
Free & Clear
Property ID
US66-3061566
Property summary
AI-generated overview
This exceptional retail property, located at 4804 Whetsel Ave in Cincinnati, Ohio, presents a fantastic investment opportunity. The building, boasting a total of 5,269 square feet, underwent a complete renovation in 2023, ensuring modern and attractive spaces for tenants. Currently configured for multiple tenancies, one unit of 2,055 square feet is immediately available, ideal for a variety of retail businesses. The property's street retail location provides excellent visibility and accessibility for customers. The address is 4804 Whetsel Ave, Cincinnati, OH 45227. The property's Assessed Parcel Number (APN) is 036-0002-0191-00. This is a turnkey solution for businesses seeking a well-maintained, updated space in a thriving Cincinnati neighborhood. The building's recent renovation ensures modern amenities and a fresh aesthetic, attracting both customers and potential tenants. The multiple tenancy setup offers flexibility for investors seeking diverse income streams or businesses looking to expand. The available 2,055 square foot space provides ample room for a variety of retail concepts. This property represents a rare opportunity to acquire a high-quality retail space in a desirable location. Don't miss out on this chance to secure a prime retail asset in Cincinnati.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1880
Total area
5,269 SF
APN
036-0002-0191-00
UPID
US66-3061566
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
-
Red Sesame Food Truck Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$675k
Blend (final)
Blend
$805k
Owner & transaction history
BRYAN J KIM
BRYAN J KIM
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$965,000
+107.4%
Restaurant
$875,000
+88.2%
Medical building
$610,000
+31.4%
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%
$1,065,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$965,000
Change: +107% · Conversion: Difficult
RESTAURANT
$875,000
Change: +88% · Conversion: Difficult
MEDICAL BUILDING
$610,000
Change: +31% · Conversion: Easy
OFFICE BUILDING
$560,000
Change: +20% · Conversion: Easy
RETAIL STORES
$505,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$153 / 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
$11,139
Tax year 2023
Assessed value
$135,363
Assessed 2023
Previous assessed
$134,208
+0.9% YoY
Effective rate
8.23%
On assessed value
Assessed land
$8,820
Assessed improvement
$126,543
Land market value
$25,200
Improvement market value
$361,550
Total market value
$386,750
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1880
Stories
2
Total area
5,269 SF
APN
036-0002-0191-00
UPID
US66-3061566
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
AUTO REPAIR, GARAGE
Est. value
$965,000
RESTAURANT
Est. value
$875,000
MEDICAL BUILDING
Est. value
$610,000
OFFICE BUILDING
Est. value
$560,000
RETAIL STORES
Est. value
$505,000
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
1880
Stories
2
Current owner
From public records · entity-resolved
BRYAN J KIM
Individual
Free & Clear · 0 yrs held
Mailing address
4804 WHETSEL AVE, CINCINNATI, OH 45227-2371
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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