Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    532 2nd St Hamilton, OH 45011-2938
    Back to Search
    Property profile & analytics

    532 2nd St, Hamilton, OH 45011-2938

    View on Map
    • Specialty properties
    • 6,472 SF
    • 0.31 lot acres
    Off-Market
    Property ID
    US66-1115129
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walker Funeral Home / Funeral Director

    Property Details for 532 2nd St

    Year built
    1919
    Lot size
    0.31 lot acres
    Property type
    Specialty properties
    APN
    P6421-007.000-112
    APU
    P6421007000112

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 24, 2017 $125,000 H T Walker Funeral Home INC Mrs Kc Jordan & Associates INC Grant Deed —
    — — K C Jordan & Associates INC — Deed Of Trust · related $250k · First Financial Bank NA

    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
    Hamilton
    County
    Butler
    State
    Ohio
    Longitude
    -84.5643
    Latitude
    39.3944
    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
    $2,680
    $10,730
    $38,940
    $49,670
    -
    $30,670
    $111,260
    $141,930

    Comparable in this City

    • Value Estimation by Request
      1,434 SF

      2837 Ashton Cir

      PROFESSIONAL CLUBS/ASSOCIATIONS
      2837 Ashton Cir, Fairfield Township, OH 45011-7869
      View Details
    • Value Estimation
      $640,000
      4,632 SF

      5050 Hamilton Middletown Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      5050 Hamilton Middletown Rd, Liberty Twp, OH 45011-2574
      View Details
    • Value Estimation
      $575,000
      15,220 SF

      4845 Augspurger Rd

      CHARITABLE ORGANIZATION
      4845 Augspurger Rd, Hamilton, OH 45011-9547
      View Details
    • Value Estimation by Request
      0.05 Acres

      524 3rd St

      FUNERAL HOME
      524 3rd St, Hamilton, OH 45011
      View Details
    • Value Estimation
      $685,000
      26,976 SF

      333 2nd St

      CHARITABLE ORGANIZATION
      333 2nd St, Hamilton, OH 45011-2933
      View Details
    • Value Estimation by Request
      4,089 SF

      5116 Carriage House Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      5116 Carriage House Blvd, Liberty Twp, OH 45011
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,061 SF

      Luxury Pet Resort For Sale

      11,061 SF luxury pet resort with long-term lease.
      4928 Urmston Mdws Dr, Liberty Township, OH 45011
      View Details
    • Contact for pricing

      Corner Lot Development Opportunity

      1.4 acre corner lot with high visibility and utilities.
      3540 Hamilton Eaton Rd, Hamilton, OH 45011
      View Details
    • Contact for pricing
      1,950 SF

      Office/Warehouse/Showroom Building For Sale

      Rehabbed office/warehouse/showroom building in Hamilton, Ohio.
      339 Buckeye St, Hamilton, OH 45011
      View Details
    • New
      $235,000
      1,904 SF

      Fully Rehabbed Hamilton Duplex

      Turnkey duplex with new roof, electrical, and HVAC systems.
      1460 Parrish Ave, Hamilton, OH 45011
      View Details
    • Contact for pricing
      58,580 SF

      West Chester Industrial Space

      Industrial property available for lease in West Chester, Ohio.
      9486 Sutton Pl, West Chester, OH 45011
      View Details
    • Contact for pricing
      512,397 SF

      Tri-County Industrial Portfolio For Sale

      512,397 SF industrial portfolio in Cincinnati's Tri-County submarket.
      7950 Seward Rd, Fairfield, OH 45011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,519 SF

      Flex/Industrial Space on State Route 4

      Flex/Industrial space with loading docks and prominent highway location.
      1910 Fairgrove Ave, Hamilton, OH 45011
      View Details
    • Contact for pricing

      New Shopping Center For Rent

      New shopping center completed in January of 2026.
      4712 Old Kyles Sta Rd, Hamilton, OH 45011
      View Details
    • Contact for pricing
      168,000 SF

      West Chester Industrial Space Available

      168,000 SF industrial space for lease in West Chester.
      9449 Glades Dr, West Chester, OH 45011
      View Details
    • Contact for pricing
      79,556 SF

      West Chester Warehouse Space Available

      79,556 SF warehouse space with ample parking.
      4250 Port Union Rd, West Chester, OH 45011
      View Details
    • Contact for pricing
      20,000 SF

      Office Space with High Ceilings

      Office space featuring 20' ceilings available for rent.
      1200 Dayton St, Hamilton, OH 45011
      View Details
    • Contact for pricing
      2,201 SF

      Customizable Office Space Available

      Office space with customizable build-out options and high foot traffic.
      136 N 3Rd St, Hamilton, OH 45011
      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.
    532 2nd St
    Hamilton, OH 45011-2938
    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
    532 2nd St, Hamilton, OH, 45011
    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!