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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Apartment buildings
5526 Hamilton Ave Cincinnati, OH 45224
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-0193236
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
21,825 SF
Lot
0.89 ac (38,551 SF)
APN
234-0004-0029-00
UPID
US66-0193236
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.33M
Owner & transaction history
Astor Place Of College Hill LLC · 9 yrs held
Astor Place Of College Hill LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+14.2%
Commercial (general)
$1.9M
+5.2%
Neighborhood: shopping center
$1.9M
+3.2%
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
APARTMENT HOUSE (5+ UNITS)
$1,835,000
Current use
RETAIL STORES
$2,095,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,930,000
Change: +5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,895,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±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
$61 / 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
$28,932
Tax year 2023
Assessed value
$350,931
Assessed 2023
Previous assessed
$268,976
+30.5% YoY
Effective rate
8.24%
On assessed value
Assessed land
$52,920
Assessed improvement
$298,011
Land market value
$151,200
Improvement market value
$851,460
Total market value
$1,002,660
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Heating
YES
Cooling
YES
Stories
3
Rooms
9
Total area
21,825 SF
Lot
0.89 ac (38,551 SF)
APN
234-0004-0029-00
UPID
US66-0193236
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1963
Heating
YES
Cooling
Yes
Stories
3
Rooms
9
Lot
0.89 ac
Current owner
From public records · entity-resolved
Astor Place Of College Hill LLC
Entity
Mailing address
4014 SPG GRV AVE, CINCINNATI, OH 45223-2640
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2023
—
Astor Place Of College Hill LLC
—
Deed
related
$1,155,000 · Cinfed Cu
Sep 9, 2019
—
Astor Palce Of College Hill LLC
—
Deed
related
$900,000 · Cinfed Cu
Sep 21, 2016
$725,000
Astor Place Of College Hill LLC
Astor Homes LLC
Warranty Deed
$551,250 · Cinfed FCU
Jan 23, 2007
—
City Of Cincinnati
Astor Homes LLC
Warranty Deed
—
Jul 19, 2002
—
Astor Homes LLC
Astor Homes LLC
Quit Claim Deed
related
—
Jul 3, 2002
—
Astor Place LLC
Richard M Schwartz Trustee
Grant Deed
related
—
Jul 3, 2002
$650,000
Astor Homes LLC
Astor Place LLC
Grant Deed
related
—
Apr 24, 2001
—
Astor Place LLC
Richard M Schwartz Trustee
Grant Deed
related
—
Jan 28, 1998
$80,000
Richard M Schwartz Trustee
Mulvaney,william R & Pauline M
Grant Deed
—
—
—
Astor Homes LLC
—
Deed Of Trust
related
$368,000 · Winton Savings & Loan Co
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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