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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Flex space
5460 Muddy Crk Rd Cincinnati, OH 45238-2033
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US66-6055051
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1960
Total area
22,728 SF
Lot
2.07 ac (90,300 SF)
APN
550-0131-0199-00
UPID
US66-6055051
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
Current use
Occupant on record · Public records
-
Final Mile Solar Ohio Production Facility
-
Single Phase Power Solutions, LLC Industrial Manufacturer Production Facility
-
EdgeEnergy, Inc. Production Facility
-
all the kings men moving experts Moving Company Storage Facility
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.17M
Owner & transaction history
Industrial Environments LLC · 21 yrs held
Industrial Environments LLC
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.9M
+31.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,455,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,910,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±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
$51 / 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
$22,622
Tax year 2023
Assessed value
$267,138
Assessed 2023
Previous assessed
$210,907
+26.7% YoY
Effective rate
8.47%
On assessed value
Assessed land
$63,525
Assessed improvement
$203,613
Land market value
$181,500
Improvement market value
$581,750
Total market value
$763,250
Applied tax rate
9.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1960
Heating
YES
Stories
1
Total area
22,728 SF
Lot
2.07 ac (90,300 SF)
APN
550-0131-0199-00
UPID
US66-6055051
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
YES
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Industrial Environments LLC
Entity
Mailing address
1045 META DR, CINCINNATI, OH 45237-5007
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2017
—
Industrial Environments LLC
—
Grant Deed
related
$2,366,000 · Wesbanco Bk
Oct 22, 2004
$1,000,000
Industrial Environments LLC
West Fourth Associates Ltd
Warranty Deed
$576,100 · Us Bank NA
Jun 4, 2002
—
West Fourth Associates Ltd
—
Deed Of Trust
related
$1,500,000 · Fifth Third Bank
Sep 10, 1997
—
West Fourth Associates Ltd
Scherrer,robert E & Susan K
Grant Deed
related
—
—
—
Robert E Scherrer
—
Deed Of Trust
related
$165,922 · Firstar Bank
—
—
West Fourth Associates Ltd
—
Deed Of Trust
related
$243,294 · Star Bank
—
—
Robert E Scherrer
—
Deed Of Trust
related
$60,000 · Centennial Savings Bank
—
—
West Fourth Associates Ltd
—
Deed Of Trust
related
$780,000 · Centennial Savings Bank
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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