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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Flex space
5885 Hamilton Cleves Rd, Cleves, OH 45002-9529
Entity Owned
14-yr Hold
Free & Clear
Property ID
US66-1281489
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Total area
21,307 SF
Lot
2.76 ac (120,356 SF)
APN
630-0030-0080-00
UPID
US66-1281489
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
$656k
Blend (final)
Blend
$825k
Owner & transaction history
Skl Real Estate Development Ll · 14 yrs held
Skl Real Estate Development Ll
since 2011
4 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 Cleves submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleves 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
$825k
Range $743k – $908k · ±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
$39 / 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
$11,984
Tax year 2023
Assessed value
$191,615
Assessed 2023
Previous assessed
$181,818
+5.4% YoY
Effective rate
6.25%
On assessed value
Assessed land
$48,066
Assessed improvement
$143,549
Land market value
$137,330
Improvement market value
$410,140
Total market value
$547,470
Applied tax rate
194.0000
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
Heating
NONE
Stories
1
Rooms
4
Total area
21,307 SF
Lot
2.76 ac (120,356 SF)
APN
630-0030-0080-00
UPID
US66-1281489
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
Heating
NONE
Stories
1
Rooms
4
Lot
2.76 ac
Current owner
From public records · entity-resolved
Skl Real Estate Development Ll
Entity
Free & Clear · 14 yrs held
Mailing address
4366 BOOMER RD, CINCINNATI, OH 45247-7947
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2011
$475,000
Skl Real Estate Development Ll
Fifth Third Bank An Ohio Banki
Grant Deed
—
Mar 16, 2011
—
Fifth Third Bank An Ohio Banki
E M R Unlimited Ltd An Ohio Li
Grant Deed
related
—
May 24, 2007
—
Emr Unlimited Ltd
Holden,donald P
Grant Deed
$3,148,000 · Fifth Third Bank
—
—
Donald P Holden
—
Deed Of Trust
related
$530,000 · Spring Valley Bank (oh)
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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