Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    487 Main St Monroe, OH 45050-1770

    • Garden apartment buildings
    • 3,600 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    Dec 10, 2020
    $280,000
    Location Intelligence
    Property ID
    US66-0250657
    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.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 487 Main St

    Year built
    1975
    Lot size
    0.45 lot acres
    Property size
    3,600 SF
    Property type
    Garden apartment buildings
    APN
    C1800-008.230-002
    APU
    C1800008230002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $245,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $260,000
      Mixed-Use
      $225,000
      Hospitality
      $245,000
      Educational
      $205,000
      Residential Income
      $235,000
      Energy
      $260,000
      Income-Based Land
      $250,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Butler
    State
    Ohio
    Longitude
    -84.3649
    Latitude
    39.4386
    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
    $4,589
    $11,200
    $70,880
    $82,080
    -
    $32,000
    $202,500
    $234,500

    Comparable in this City

    • Value Estimation
      $225,000
      3,600 SF

      146 Carson Rd

      GARDEN APT, COURT APT (5+ UNITS) • 3,600 SF
      146 Carson Rd, Monroe, OH 45050-4624
      View Details
    • Value Estimation by Request
      24,108 SF

      210 Mt Pleasant Dr

      GARDEN APT, COURT APT (5+ UNITS) • 24,108 SF
      210 Mt Pleasant Dr, Monroe, OH 45050-1158
      View Details
    • Value Estimation
      $1,555,000
      8,802 SF

      30 Old St

      GARDEN APT, COURT APT (5+ UNITS) • 8,802 SF
      30 Old St, Monroe, OH 45050-6301
      View Details
    • Value Estimation
      $1,550,000
      21,543 SF

      297 Courtland Dr

      GARDEN APT, COURT APT (5+ UNITS) • 21,543 SF
      297 Courtland Dr, Monroe, OH 45050-1265
      View Details
    • Value Estimation
      $1,430,000
      21,785 SF

      300 Courtland Dr

      GARDEN APT, COURT APT (5+ UNITS) • 21,785 SF
      300 Courtland Dr, Monroe, OH 45050-1267
      View Details
    • Value Estimation
      $210,000
      3,146 SF

      342 Old St

      GARDEN APT, COURT APT (5+ UNITS) • 3,146 SF
      342 Old St, Monroe, OH 45050-6303
      View Details

    Similar Nearby for Sale

    • $4,400,000
      10.99 Acres

      Prime Monroe Commercial Land

      10.99 Acres, High Visibility, C-1 Zoning
      0 Garver Rd, Monroe, OH 45050
      View Details
    • Contact for pricing
      10.34 Acres

      Salzman Farms: Prime Ohio Land

      ±54 Acres Industrial/Commercial Land
      0 Salzman Rd And Todhunter Rd, Monroe, OH 45050
      View Details
    • Contact for pricing
      54.00 Acres

      Industrial Land: Middletown, OH

      54 Acres, Industrial Zoning, I-75 Access
      0 Salzman Rd & Todhunter Rd, Middletown, OH 45050
      View Details
    • Contact for pricing
      0.06 Acres

      Prime Monroe Commercial Land

      Highly visible land, I-75 & SR63 access.
      1270 Hamilton Lebanon Rd, Monroe, OH 45050
      View Details
    • $3,399,000
      Pending

      Monroe, OH Commercial Opportunity

      High-visibility, multi-use commercial space near I-75 in Monroe, OH.
      60 Overbrook Dr, Monroe, OH 45050
      View Details
    • Contact for pricing
      1.00 Acre

      I-75 Commercial Land, Monroe, OH

      20 Acres, Divisible, High Traffic
      Monroe OH 45050 Senate Dr, Monroe, OH 45050
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,016 SF

      Orton Plaza: Monroe, OH Office Space

      Modern Office Suites, 1,240-18,016 SF
      0 Orton Dr, Middletown, OH 45050
      View Details
    • Contact for pricing
      27,878 SF

      Prime Monroe Retail Land

      Last available lot, high visibility, I-75 access.
      101 Clarence F Warner Dr, Monroe, OH 45050
      View Details
    • Contact for pricing
      3,190 SF

      Turn-Key Restaurant Space Available

      3,190 SF turn-key restaurant space with high visibility.
      102 Main St, Hamilton, OH 45050
      View Details
    • Contact for pricing
      18,016 SF

      Retail Center Near Cincinnati Outlets

      Proposed retail center with drive-through and open gathering space.
      Senate Dr, Monroe, OH 45050
      View Details
    • Contact for pricing
      871,200 SF

      Prime 20-Acre Commercial Land

      Ohio commercial land, I-75 access.
      0 Senate Dr, Monroe, OH 45050
      View Details
    • Contact for pricing
      8,000 SF

      Brooks 63: Monroe Retail Space

      Prime Monroe Retail, I-75 Visibility, 1,186 SF Available
      1420 Hamilton Lebanon Rd, Monroe, OH 45050
      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.
    487 Main St
    Monroe, OH 45050-1770
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.