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Property profile & analytics
OFF-MARKET
Estimated value
$4,840,000
Strip malls
5555 Glenway Ave Cincinnati, OH 45238-3445
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-2026876
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Total area
221,426 SF
Lot
3.64 ac (158,646 SF)
APN
248-0005-0035-00
UPID
US66-2026876
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
-
Chipotle Mexican Grill Take-out & Catering Catering Service
-
ALDI Specialty Food Shop Supermarket
-
Western Hills Marketplace Shopping Center & Mall
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Sport Clips Haircuts of Western Hills Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.92M
Blend (final)
Blend
$4.84M
Owner & transaction history
Western Hills Equities LLC · 7 yrs held
Western Hills Equities LLC
since 2019
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.84M
Range $4.36M – $5.32M · ±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
$22 / 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
$122,138
Tax year 2023
Assessed value
$1,487,198
Assessed 2023
Previous assessed
$1,454,250
+2.3% YoY
Effective rate
8.21%
On assessed value
Assessed land
$573,695
Assessed improvement
$913,503
Land market value
$1,639,130
Improvement market value
$2,610,010
Total market value
$4,249,140
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Rooms
3
Total area
221,426 SF
Lot
3.64 ac (158,646 SF)
APN
248-0005-0035-00
UPID
US66-2026876
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
1998
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Lot
3.64 ac
Current owner
From public records · entity-resolved
Western Hills Equities LLC
Entity
Mailing address
1975 HEMPSTEAD TPKE STE #309, EAST MEADOW, NY 11554-1703
Ownership since
2019
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
Jun 3, 2019
$15,250,000
Western Hills Equities LLC
Casto Dw II LLC
Limited Warranty Deed
$13,047,500 · Commercial Bank
Apr 1, 2019
—
Casto Dw II LLC
—
Grant Deed
related
$26,798,633 · Huntington Nat'l Bk
Dec 13, 2016
—
Casto Dw II LLC
Oh Retail II Ll LLC
Quit Claim Deed
related
$51,500,000 · Huntington National Bank
Jan 12, 2006
—
Oh Retail Ll LLC
Ssc Governors Plaza Center Ll
Grant Deed
related
—
Aug 15, 2001
$15,555,000
Ssc Western Hills Marketplace
Duke Realty LP
Grant Deed
$12,400,000 · Key Bank NA
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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