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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Strip malls
5170 Delhi Rd Cincinnati, OH 45238-5341
Entity Owned
19-yr Hold
Free & Clear
Property ID
US66-6278198
Property summary
AI-generated overview
This exceptional retail opportunity is located at 5170-5176 Delhi Pike in Cincinnati, Ohio, 45238, near Delhi Ave. The property offers a total of 24,000 square feet of street retail space, currently available in a minimum divisible unit of 1,200 square feet. Ideal for a variety of retail businesses, this multi-tenant building presents a prime location for establishing or expanding your presence in a thriving Cincinnati market. The lease rate is $10.00 per square foot, NNN. The property's address is 5170 Delhi Rd, providing excellent visibility and accessibility for customers. With its convenient location and flexible space options, this property is an excellent investment for businesses seeking a strong foothold in the Cincinnati area. The building's size and layout offer significant potential for customization to suit individual tenant needs. This is a rare opportunity to secure a well-positioned retail space in a high-traffic area. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1966
Total area
17,929 SF
Lot
1.89 ac (82,154 SF)
APN
540-0042-0005-00
UPID
US66-6278198
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$399k
Blend (final)
Blend
$585k
Owner & transaction history
Delhi Station LLC · 19 yrs held
Delhi Station LLC
since 2007
5 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
Method
Estimation
Statistic approach
by Request
ML approach
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$33 / SF
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
$19,720
Tax year 2023
Assessed value
$289,401
Assessed 2023
Previous assessed
$289,401
+0.0% YoY
Effective rate
6.81%
On assessed value
Assessed land
$116,165
Assessed improvement
$173,236
Land market value
$331,900
Improvement market value
$494,960
Total market value
$826,860
Applied tax rate
162.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1966
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
17,929 SF
Lot
1.89 ac (82,154 SF)
APN
540-0042-0005-00
UPID
US66-6278198
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
1966
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.89 ac
Current owner
From public records · entity-resolved
Delhi Station LLC
Entity
Free & Clear · 19 yrs held
Mailing address
5710 WOOSTER PIKE STE #121, CINCINNATI, OH 45227-4520
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2007
$987,500
Delhi Station LLC
Banks Cheryl A Trust
Grant Deed
—
Jan 31, 2006
—
Banks Cheryl A Trust
Banks,cheryl A
Quit Claim Deed
—
Oct 4, 2002
$1,844,100
Cheryl A Banks
Dgh Investments LLC
Grant Deed
—
Oct 4, 2002
—
Dgh Investments LLC
Daniels,eugene
Grant Deed
related
—
Apr 28, 1997
$2,383,600
Eugene Daniels
Anderson,jeffrey R & Darlene
Grant Deed
$2,383,599 · Individual
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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