Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5150 Galbraith Rd Cincinnati, OH 45236

    • Office buildings
    • 1,964 SF
    • 0.99 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-6184963
    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

    • U.S. Renal Care / Medical Clinic
    • Frank Brothers Roofing / Big Box & Wholesale Store / Building Supply
    • InPrint Madeira / (Bike/Boat/Book/etc) Store / Printing Service

    Property Details for 5150 Galbraith Rd

    Year built
    1940
    Lot size
    0.99 lot acres
    Property size
    1,964 SF
    Property type
    Office buildings
    APN
    600-0094-0008-00
    APU
    6000094000800

    Description

    This exceptional Class A office building, located at 5150 East Galbraith Road in Cincinnati, Ohio, presents a unique opportunity for businesses seeking prestigious executive office space. The property boasts a total of 20,700 square feet across three stories, with a single building situated on a 0.99-acre lot (43,124 square feet). Built in 1940 and extensively renovated in 2012, the building offers modern amenities within a classic structure. Currently, 9,554 square feet of contiguous space is immediately available, divisible into units as small as 3,400 square feet, catering to a range of business needs. The property is zoned for Office/Medical uses, making it suitable for a variety of professional tenants. Ample parking is provided with 60 spaces, and the building features elevators for convenient access to all three floors. This prime location in Cincinnati, Ohio (zip code 45236) offers excellent visibility and accessibility. The property's blend of historical charm and modern updates creates a sophisticated and productive work environment. Don't miss this chance to secure your ideal office space in this highly desirable Cincinnati location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.3774
    Latitude
    39.207
    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
    $39,910
    $85,719
    $671,244
    $756,963
    -
    $244,910
    $1,917,840
    $2,162,750

    Comparable in this City

    • Value Estimation by Request
      6.26 Acres

      8024 Montgomery Rd

      OFFICE BUILDING (MULTI-STORY) • 6.26 Acres
      8024 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • Value Estimation by Request
      0.77 Acres

      7753 Montgomery Rd

      OFFICE BUILDING (MULTI-STORY) • 0.77 Acres
      7753 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • Value Estimation by Request
      4.70 Acres

      8044 Montgomery Rd

      OFFICE BUILDING (MULTI-STORY) • 4.70 Acres
      8044 Montgomery Rd, Cincinnati, OH 45236-2919
      View Details
    • Value Estimation
      $650,000
      6,864 SF

      7667 Montgomery Rd

      OFFICE BUILDING • 6,864 SF
      7667 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • Value Estimation
      $1,230,000
      1,328 SF

      4565 Galbraith Rd

      OFFICE BUILDING • 1,328 SF
      4565 Galbraith Rd, Cincinnati, OH 45236-1875
      View Details
    • Value Estimation by Request
      1,515 SF

      4700 Galbraith Rd

      OFFICE BUILDING (MULTI-STORY) • 1,515 SF
      4700 Galbraith Rd, Cincinnati, OH 45236-2754
      View Details

    Similar Nearby for Sale

    • $2,500,000
      8,950 SF

      Cincinnati Office Building For Sale

      Office building with 8,950 square feet of space.
      4605 E Galbraith Rd, Cincinnati, OH 45236
      View Details
    • Contact for pricing

      High Visibility Office Space

      First floor office space with high visibility and easy access.
      9050 Plainfield Rd, Blue Ash, OH 45236
      View Details
    • Contact for pricing
      7,500 SF

      Turn Key Medical Office Space

      7,500 SF medical/commercial space with great visibility and parking.
      7717-7721 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • Contact for pricing
      2,118 SF

      Silverton Office/Retail Space Available

      2,118 SF office/retail space in Silverton neighborhood.
      7202 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • Contact for pricing
      7,500 SF

      Silverton TrueValue Hardware Sale

      Established Hardware Store, High Traffic Area
      7144 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • Contact for pricing

      Silverton Mixed-Use Property for Sale

      Bar and apartment in resurgent Silverton neighborhood with I-71 access.
      7208 Montgomery Rd, Cincinnati, OH 45236
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      25,000 SF

      Class A Office Space Available

      Class A office space with high-end finishes and modern design.
      8010 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • Contact for pricing
      2,245 SF

      Kenwood Commons Office Space Available

      Office space for lease in Kenwood with I-71 access.
      8280 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • $12 SF/Yr
      33,728 SF

      Kenwood Retail Space For Lease

      Prime Kenwood location, multiple suites available
      8160 Montgomery Rd, Cincinnati, OH 45236
      View Details
    • Contact for pricing
      2,400 SF

      New Office/Medical Space Available

      New office/medical space for rent in Kenwood market.
      8250 Kenwood Rd, Cincinnati, OH 45236
      View Details
    • Contact for pricing
      2,134 SF

      Suburban Office Space For Rent

      Suburban office space near I-71 and Kenwood Towne Center.
      7265 Kenwood Rd, Cincinnati, OH 45236
      View Details
    • $12 SF/Yr
      20,600 SF

      Kenwood Retail/Office Space Available

      Strategically located mixed-use building in Kenwood, high visibility and accessibility.
      8170 Montgomery Rd, Cincinnati, OH 45236
      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.
    5150 Galbraith Rd
    Cincinnati, OH 45236
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!