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Property profile & analytics
OFF-MARKET
Investment properties
5027 Reading Rd Cincinnati, OH 45237-5766
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-5738660
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,566 SF
Lot
0.21 ac (9,235 SF)
APN
117-0A05-0025-00
UPID
US66-5738660
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
-
Steeze Courier Service Shipping Company Freight Service
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
Melissa C Sherrod · 11 yrs held
Melissa C Sherrod
since 2015
7 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
$4,336
Tax year 2023
Assessed value
$49,550
Assessed 2023
Previous assessed
$49,550
+0.0% YoY
Effective rate
8.75%
On assessed value
Assessed land
$15,484
Assessed improvement
$34,066
Land market value
$44,240
Improvement market value
$97,330
Total market value
$141,570
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Rooms
12
Bathrooms
4
Total area
3,566 SF
Lot
0.21 ac (9,235 SF)
APN
117-0A05-0025-00
UPID
US66-5738660
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
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Rooms
12
Bathrooms
4
Lot
0.21 ac
Current owner
From public records · entity-resolved
Melissa C Sherrod
Individual
Free & Clear · 11 yrs held
Mailing address
260 NORTHERN AVE #228, CINCINNATI, OH 45229-2862
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
—
China Doll Investments I LLC
—
Deed
related
$255,000 · Union Savings Bank
Feb 23, 2021
—
Melissa C Sherrod
—
Deed
related
$274,416 · Amytodd LLC
Aug 5, 2020
—
Melissa C Sherrod
—
Deed Of Trust
related
$52,500 · Robert Dressman
Feb 23, 2015
$12,500
Melissa C Sherrod
Columbia Svgs Bk
Quit Claim Deed
related
—
Feb 8, 2013
$56,000
Columbia Savings Bank
S & S Properties Of Cincinnati
Grant Deed
related
—
Jan 9, 2001
—
S & S Properties Of Cincinnati
Thompson,anthony E
Grant Deed
related
—
Jul 19, 1999
$125,000
Thompson,anthony
Passion Properties INC
Trustees Deed
$112,500 · A B C Mortgage Co
Jul 19, 1999
$88,000
Passion Properties INC
Contimortgage Corp
Trustees Deed
—
Oct 29, 1998
$115,000
Contimortgage Corp
Browning,audrey B
Trustees Deed
related
—
—
—
S & S Properties Of Cincinnati
—
Deed Of Trust
related
$230,000 · Columbia Savings Bank
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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