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Property profile & analytics
OFF-MARKET
Estimated value
$2,820,000
Manufacturing properties
5 Chili Hl Dr Cincinnati, OH 45238
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1985646
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1945
Total area
35,560 SF
Lot
4.52 ac (197,065 SF)
APN
550-0131-0150-00
UPID
US66-1985646
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.68M
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$2.82M
Owner & transaction history
Cincinnati Meat Processing INC · 20 yrs held
Cincinnati Meat Processing INC
since 2005
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.1M
+81.5%
Office building
$3.8M
+65.8%
Retail stores
$3.4M
+49.9%
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%
$2,900,000
6.5%
$2,680,000
7%
$2,485,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,275,000
Current use
MEDICAL BUILDING
$4,130,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$3,775,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$3,410,000
Change: +50% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,085,000
Change: +35% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,990,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$2.82M
Range $2.54M – $3.10M · ±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
$79 / 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
$54,245
Tax year 2023
Assessed value
$641,487
Assessed 2023
Previous assessed
$582,180
+10.2% YoY
Effective rate
8.46%
On assessed value
Assessed land
$45,283
Assessed improvement
$596,204
Land market value
$129,380
Improvement market value
$1,703,440
Total market value
$1,832,820
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1945
Heating
YES
Stories
1
Total area
35,560 SF
Lot
4.52 ac (197,065 SF)
APN
550-0131-0150-00
UPID
US66-1985646
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.8M
RETAIL STORES
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1945
Heating
YES
Stories
1
Lot
4.52 ac
Current owner
From public records · entity-resolved
Cincinnati Meat Processing INC
Entity
Free & Clear · 20 yrs held
Mailing address
3640 MUDDY CRK RD, CINCINNATI, OH 45238-2044
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Mar 11, 2020
—
Zwanenberg Food Grp USA INC
—
Deed
related
—
Jul 11, 2016
—
Zwanenberg Food Group USA In
—
Deed
related
$6,000,000 · Cooperatieve Rabobank Ua
Oct 14, 2005
$1,500,000
Cincinnati Meat Processing INC
Sheriff Of Hamilton County
Trustees Deed
—
—
—
Zwanenberg Food Group USA In
—
Deed Of Trust
related
$6,000,000 · Cooperatieve Rabobank Ua
—
—
Zwanenberg Food Grp USA INC
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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