Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4985 Provident Dr West Chester, OH 45246-1020

    • Manufacturing properties
    • 21,000 SF
    • 3.93 lot acres
    OFF-MARKET
    Value Estimations
    $980,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2511724
    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

    • Manufacturing properties

    Property Details for 4985 Provident Dr

    Year built
    1992
    Lot size
    3.93 lot acres
    Property size
    21,000 SF
    Property type
    Manufacturing properties
    APN
    M5610-001.000-033
    APU
    M5610001000033

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,345,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Butler
    State
    Ohio
    Longitude
    -84.4582
    Latitude
    39.3128
    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
    $23,053
    $78,780
    $302,130
    $380,910
    -
    $225,090
    $863,240
    $1,088,330

    Comparable in this City

    • Value Estimation by Request
      9.40 Acres

      12025 Tricon Rd

      MANUFACTURING (LIGHT) • 9.40 Acres
      12025 Tricon Rd, Cincinnati, OH 45246-1719
      View Details
    • Value Estimation by Request
      0.69 Acres

      Mcclellans Ln

      FOOD PROCESSING • 0.69 Acres
      Mcclellans Ln, Cincinnati, OH 45246
      View Details
    • Value Estimation
      $4,205,000
      50,670 SF

      255 Crescentville Rd

      MANUFACTURING (LIGHT) • 50,670 SF
      255 Crescentville Rd, Cincinnati, OH 45246-1713
      View Details
    • Value Estimation
      $3,045,000
      55,865 SF

      10139 Commerce Park Dr

      MANUFACTURING (LIGHT) • 55,865 SF
      10139 Commerce Park Dr, West Chester, OH 45246-1335
      View Details
    • Value Estimation
      $4,100,000
      75,358 SF

      4539 Dues Dr

      MANUFACTURING (LIGHT) • 75,358 SF
      4539 Dues Dr, West Chester, OH 45246-1006
      View Details
    • Value Estimation by Request
      61.62 Acres

      175 Progress Pl

      MANUFACTURING (LIGHT) • 61.62 Acres
      175 Progress Pl, Cincinnati, OH 45246-1717
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      190,000 SF

      190,000 SF Industrial Facility

      190,000 SF industrial facility on 42.78 acres available.
      10074 Princeton Glendale Rd, West Chester, OH 45246
      View Details
    • Contact for pricing
      6,800 SF

      Restaurant Space with Outdoor Deck

      Equipped restaurant space with outdoor seating and ample parking.
      12185 Springfield Pike, Cincinnati, OH 45246
      View Details
    • $275,000

      Commercial Land for Sale

      Commercial land suitable for retail, office, or medical use.
      11085-11095 Springfield Pike, Cincinnati, OH 45246
      View Details
    • Contact for pricing

      Mixed-Use Development Opportunity

      Multiple parcels available in master-planned development for sale or lease.
      300 East Kemper Rd, Springdale, OH 45246
      View Details
    • Contact for pricing
      14,895 SF

      Historic Mixed-Use Glendale Portfolio

      Mixed-use investment opportunity in Glendale, Ohio's historic landmark district.
      11 Village Sq, Cincinnati, OH 45246
      View Details
    • Contact for pricing
      11,141 SF

      Former Day-Care/Office/Medical Building For Sale

      Stand-alone 11,141 SF building suitable for day-care, office, or medical.
      1275 E Kemper Rd, Cincinnati, OH 45246
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Springdale Retail and Industrial Space

      Retail and industrial spaces available in Springdale, Greater Cincinnati.
      11925 Commons Dr, Springdale, OH 45246
      View Details
    • Contact for pricing

      Office/Warehouse Space Available

      Office space convertible to warehouse with drive-in door.
      4739 Devitt Dr, Cincinnati, OH 45246
      View Details
    • Contact for pricing
      26,175 SF

      West Chester Warehouse Space Available

      26,175 SF warehouse with easy access to major roadways.
      235 Circle Freeway Dr, West Chester, OH 45246
      View Details
    • Contact for pricing
      234,400 SF

      Industrial Space Near I-275, I-75

      Industrial space with immediate highway access and LED lighting.
      2939-2975 Crescentville Rd, Cincinnati, OH 45246
      View Details
    • Contact for pricing
      9,288 SF

      Industrial Space Near Downtown Cincinnati

      9,288 SF industrial space, 15 minutes from Downtown Cincinnati.
      11691-11711 Chesterdale Rd, Cincinnati, OH 45246
      View Details
    • Contact for pricing

      OH, Cincinnati - Chester Rd

      Discover many ways to work your way in OH, Cincinnati - Chester Rd
      11260 Chester Rd, Cincinnati, OH 45246
      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.
    4985 Provident Dr
    West Chester, OH 45246-1020
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!