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Property profile & analytics
OFF-MARKET
Commercial kitchens
502 Elberon Ave Cincinnati, OH 45205-2302
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-5764779
Property profile
Verified
Property type
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Year built
1976
Total area
2,350 SF
Lot
0.14 ac (6,316 SF)
APN
177-0034-0110-00
UPID
US66-5764779
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
-
Amali's Mini Mart Grocery & Convenience Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Batukbhairav 1 R & E Corp · 6 yrs held
Batukbhairav 1 R & E Corp
since 2020
Last sale
$135,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,158
Tax year 2023
Assessed value
$50,243
Assessed 2023
Previous assessed
$47,250
+6.3% YoY
Effective rate
10.27%
On assessed value
Assessed land
$3,752
Assessed improvement
$46,491
Land market value
$10,720
Improvement market value
$132,830
Total market value
$143,550
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
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
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Status
Off-Market
Year built
1976
Heating
YES
Stories
1
Rooms
4
Total area
2,350 SF
Lot
0.14 ac (6,316 SF)
APN
177-0034-0110-00
UPID
US66-5764779
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
Building & site characteristics
From public records
Year built
1976
Heating
YES
Stories
1
Rooms
4
Lot
0.14 ac
Current owner
From public records · entity-resolved
Batukbhairav 1 R & E Corp
Entity
Free & Clear · 6 yrs held
Mailing address
502 ELBERON AVE, CINCINNATI, OH 45205-2302
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2023
—
Batukbhairav 1 Real Estate Corporat
—
Deed
related
$313,600 · Cincinnatus Sla
May 11, 2020
$135,000
Batukbhairav 1 R & E Corp
Zatoot LLC
Warranty Deed
—
Aug 28, 2013
$100,000
Zatoot LLC
Amalis INC
Grant Deed
$62,100 · Huntington National Bank
Dec 20, 2006
$110,000
Amalis INC
Weber Five Properties LLC
Warranty Deed
$99,000 · Pnc Bank
Jun 15, 2004
—
Weber Five Properties LLC
Kovacs,jennifer W
Warranty Deed
related
—
Feb 24, 2004
—
Jennifer W Kovacs
Weber Harry P Trust
Grant Deed
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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