Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    512 Maxwell Ave Cincinnati, OH 45219-2408
    Property profile & analytics

    512 Maxwell Ave, Cincinnati, OH 45219-2408

    View on Map
    • Specialty properties
    • 3,157 SF
    • 0.11 lot acres
    Off-Market
    Last Sale Dec 5, 2024
    Property ID
    US66-2767996
    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.
    Value Estimations
    $1,805,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 512 Maxwell Ave

    Year built
    1982
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property type
    Specialty properties
    APN
    091-0001-0112-00
    APU
    910001011200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 20, 2023 $3,120,000 Swq Properties LLC Queen City Hills LLC Limited Warranty Deed —
    Mar 1, 2023 $308,000 Queen City Hills LLC Central Clinic Limited Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4989
    Latitude
    39.1336
    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
    $19
    $10,535
    $80,374
    $90,909
    -
    $30,100
    $229,640
    $259,740

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      144 Gage St

      CHARITABLE ORGANIZATION
      144 Gage St, Cincinnati, OH 45219-1861
      View Details
    • Value Estimation by Request
      0.11 Acres

      Huntington Pl

      CHARITABLE ORGANIZATION
      Huntington Pl, Cincinnati, OH 45219
      View Details
    • Value Estimation by Request
      0.06 Acres

      126 Dorchester Ave

      CHARITABLE ORGANIZATION
      126 Dorchester Ave, Cincinnati, OH 45219-1802
      View Details
    • Value Estimation by Request
      0.02 Acres

      Dorchester Ave

      CHARITABLE ORGANIZATION
      Dorchester Ave, Cincinnati, OH 45219
      View Details
    • Value Estimation by Request
      0.11 Acres

      214 Earnshaw Ave

      CHARITABLE ORGANIZATION
      214 Earnshaw Ave, Cincinnati, OH 45219-2903
      View Details
    • Value Estimation by Request
      0.32 Acres

      2405 Auburn Ave

      CHARITABLE ORGANIZATION
      2405 Auburn Ave, Cincinnati, OH 45219-2701
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,008 SF

      Religious Facility or Redevelopment Opportunity

      Religious facility or redevelopment opportunity near the University of Cincinnati.
      333 Warner St, Cincinnati, OH 45219
      View Details
    • $999,999
      12,800 SF

      Versatile Cincinnati Property For Sale

      12,800 SF building on 0.76 acres in Cincinnati.
      2828 Vernon Pl, Cincinnati, OH 45219
      View Details
    • $225,000
      0.11 Acres

      Developing Cincinnati Land with Views

      Land in developing area near University of Cincinnati and Downtown.
      164 Dorchester Ave, Cincinnati, OH 45219
      View Details
    • Contact for pricing

      Furnished Office Space in Cincinnati

      Office space with private entrance, parking, and convenient location.
      114 Wellington Pl, Cincinnati, OH 45219
      View Details
    • $5,900,000
      0.87 Acres

      Clifton Heights Development Opportunity

      Development opportunity near the University of Cincinnati.
      2232 Stratford Ave, Cincinnati, OH 45219
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      1,440 SF

      Retail Space Available For Lease

      Retail space available for lease in Cincinnati, OH.
      Calhoun St, Cincinnati, OH 45219
      View Details
    • Contact for pricing
      1,972 SF

      Retail Space Available For Rent

      Retail space available for rent with 1972 square feet.
      222-224 W Mcmillan St, Cincinnati, OH 45219
      View Details
    • Contact for pricing
      1,950 SF

      Office Space Near Martin Luther

      1,950 SqFt office space with flexible floor plan.
      295 Martin Luther King Dr E, Cincinnati, OH 45219
      View Details
    • Contact for pricing
      2,820 SF

      Office Space with Separate Entrance

      Office space for rent with convenient highway access and parking.
      2055 Reading Rd, Cincinnati, OH 45219
      View Details
    • Contact for pricing
      2,472 SF

      Retail Space Available For Rent

      5,009 square feet of retail space for lease.
      310 Straight St, Cincinnati, OH 45219
      View Details
    • Contact for pricing

      Retail Space in Clifton Heights

      Retail space available in a mixed-use development.
      312 Straight St, Cincinnati, OH 45219
      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.
    512 Maxwell Ave
    Cincinnati, OH 45219-2408
    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

    Thank You for Inquiry
    512 Maxwell Ave, Cincinnati, OH, 45219
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!