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Property profile & analytics
FOR LEASE
Medical Office Space
6480 Harrison Ave Cincinnati, OH 45247
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-0689120
For Lease
1 / 3
$16 SF/Yr
6480 Harrison Ave, Cincinnati, OH 45247
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Lot
4.68 ac (203,643 SF)
APN
550-0220-1115-00
UPID
US66-0689120
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
-
Hand Rehabilitation Physician
-
Hand Rehabilitation & Orthotic Specialists Physician
-
David Argo, M.D. - Orthopedic Surgeon Physician
-
Rolf Robert H MD Physician
-
Matthew A. Johansen, M.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.56M
Owner & transaction history
Orthoalliance Mso LLC · 3 yrs held
Orthoalliance Mso LLC
since 2022
Last sale
$21.7M
7 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
$24,235,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$22.56M
Range $20.30M – $24.81M · ±10% · vs last sale $21.72M (Oct 17 2022)
Last sale anchor
$21.72M
Oct 17 2022
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
—
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
$228,725
Tax year 2023
Assessed value
$3,425,456
Assessed 2023
Previous assessed
$2,149,246
+59.4% YoY
Effective rate
6.68%
On assessed value
Assessed land
$371,570
Assessed improvement
$3,053,886
Land market value
$1,061,630
Improvement market value
$8,725,390
Total market value
$9,787,020
Applied tax rate
163.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Heating
YES
Lot
4.68 ac (203,643 SF)
APN
550-0220-1115-00
UPID
US66-0689120
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
YES
Lot
4.68 ac
Current owner
From public records · entity-resolved
Orthoalliance Mso LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3807 CLEGHORN AVE STE #903, NASHVILLE, TN 37215-2549
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2022
—
Orthoalliance Mso LLC
Mmac 300 Cincinnati Oh LLC
Lease
—
Oct 17, 2022
$21,715,749
Mmac 300 Cincinnati Oh LLC
Beacon West Properties LLC
Limited Warranty Deed
—
Nov 13, 2017
—
Beacon West Properties LLC
—
Loan Modification
related
$17,078,099 · Fifth Third Bk
Oct 6, 2011
—
Beacon West Properties LLC
Schilling,james S
Grant Deed
—
Jul 8, 2005
$1,000,000
Beacon West Properties LLC
Jtr Holdings Ltd
Warranty Deed
—
Jun 3, 2005
—
Huddleson William A Tr
Jtr Holdings Ltd
Quit Claim Deed
related
—
Aug 16, 2001
—
Hoinke Classic INC
Jtr Holdings Ltd
Grant Deed
related
—
Jan 10, 2000
—
Jtr Holdings Ltd
Joseph R Maas Trustee
Trustees Deed
related
—
—
—
Beacon West Properties LLC
—
Deed Of Trust
related
$570,800 · Fifth Third Bank
—
—
Beacon West Properties LLC
—
Deed Of Trust
related
$1,503,334 · Fifth Third Bank
—
—
Jtr Holdings Ltd
—
Deed Of Trust
related
$500,000 · Key Bank & Trust
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.
Try Rey
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