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    Property profile & analytics

    503 Ross Ave Cincinnati, OH 45217-1123

    • Retail space
    • 2,401 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $175,000
    Last Sale
    Jun 28, 2023
    $208,001
    Location Intelligence
    Property ID
    US66-1369403
    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

    • Scherpies Produce & Deli / Restaurant / Convenience Store

    Property Details for 503 Ross Ave

    Year built
    1986
    Lot size
    0.29 lot acres
    Property size
    2,401 SF
    Property type
    Retail space
    APN
    582-0009-0116-00
    APU
    5820009011600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4918
    Latitude
    39.1695
    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
    $5,169
    $13,741
    $50,859
    $64,600
    -
    $39,260
    $145,310
    $184,570

    Comparable in this City

    • Value Estimation
      $305,000
      5,442 SF

      500 Ross Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,442 SF
      500 Ross Ave, Cincinnati, OH 45217-1124
      View Details
    • Value Estimation by Request
      1,068 SF

      604 Ross Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,068 SF
      604 Ross Ave, Cincinnati, OH 45217-1126
      View Details
    • Value Estimation
      $235,000
      2,916 SF

      4604 Vine St

      RETAIL STORES (PERSONAL SERVICES) • 2,916 SF
      4604 Vine St, Cincinnati, OH 45217-1292
      View Details
    • Value Estimation
      $210,000
      2,773 SF

      4722 Vine St

      RETAIL STORES (PERSONAL SERVICES) • 2,773 SF
      4722 Vine St, Cincinnati, OH 45217-1254
      View Details
    • Value Estimation
      $410,000
      2,352 SF

      4726 Vine St

      RETAIL STORES (PERSONAL SERVICES) • 2,352 SF
      4726 Vine St, Cincinnati, OH 45217-1254
      View Details
    • Value Estimation
      $400,000
      4,737 SF

      4425 Vine St

      RETAIL STORES (PERSONAL SERVICES) • 4,737 SF
      4425 Vine St, Cincinnati, OH 45217
      View Details

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      Updated Cincinnati Multifamily Investment Property

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    503 Ross Ave
    Cincinnati, OH 45217-1123
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    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
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