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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6800 Wooster Pike Cincinnati, OH 45227-4324

    • Strip malls
    • 13,016 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimations
    $1,335,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1613497
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Starbucks / Coffee Shop / Breakfast Restaurant
    • Trevor Furbay Bespoke / Men'S Clothing Store / Women'S Clothing Store

    Property Details for 6800 Wooster Pike

    Year built
    1952
    Lot size
    0.66 lot acres
    Property size
    13,016 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    527-0020-0074-00
    APU
    5270020007400

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,634,000
      Market price range: $522k - $1.63M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,130,000
      Current use
      RESTAURANT
      $2,165,000
      Change: +92% Conversion: Difficult
      MEDICAL BUILDING
      $1,510,000
      Change: +34% Conversion: Difficult
      OFFICE BUILDING
      $1,380,000
      Change: +22% Conversion: Moderate
      RETAIL STORES
      $1,250,000
      Change: +11% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,150,000
      Change: +2% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,095,000
      Change: -3% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.3766
    Latitude
    39.1455
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $67,419
    $116,340
    $611,454
    $727,794
    -
    $332,400
    $1,747,010
    $2,079,410

    Comparable in this City

    • Value Estimation by Request
      1.30 Acres

      4420 Red Bank Rd

      SHOPPING CENTER, STRIP CENTER • 1.30 Acres
      4420 Red Bank Rd, Cincinnati, OH 45227
      View Details
    • Value Estimation by Request
      1.30 Acres

      3972 Red Bank Rd

      SHOPPING CENTER, STRIP CENTER • 1.30 Acres
      3972 Red Bank Rd, Cincinnati, OH 45227-3425
      View Details
    • Value Estimation by Request
      1.32 Acres

      3972 Red Bank Rd

      SHOPPING CENTER, STRIP CENTER • 1.32 Acres
      3972 Red Bank Rd, Cincinnati, OH 45227-3425
      View Details
    • Value Estimation
      $835,000
      7,907 SF

      6930 Madisonville Rd

      SHOPPING CENTER, STRIP CENTER • 7,907 SF
      6930 Madisonville Rd, Cincinnati, OH 45227-3747
      View Details
    • Value Estimation
      $1,335,000
      13,079 SF

      6906 Wooster Pike

      SHOPPING CENTER, STRIP CENTER • 13,079 SF
      6906 Wooster Pike, Cincinnati, OH 45227-4427
      View Details
    • Value Estimation by Request
      2.97 Acres

      7443 Wooster Pike

      SHOPPING CENTER, STRIP CENTER • 2.97 Acres
      7443 Wooster Pike, Cincinnati, OH 45227-3895
      View Details

    Similar Nearby for Sale

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      Wooster Pike Auto Shop Opportunity

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      Retail Space Near Mariemont Square

      Retail property in a high-traffic location near shops.
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      Retail Property on Madison Road

      Retail property available for sale on Madison Road.
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      NNN Leased Restaurant Investment

      Long-term NNN lease with attractive escalations in affluent area.
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      11,700 SF

      Retail/Office Warehouse Shell Facility

      11,700 SF retail/office warehouse with expansion potential.
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      Madison Road Commercial Gem

      11,700 SF Office/Warehouse - $700K
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    Similar Nearby for Lease

    • $22 SF/Yr
      44,379 SF

      Retail Space in Mariemont

      Retail space with high traffic and convenient access.
      7201 Wooster Pike, Cincinnati, OH 45227
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    • $15 SF/Yr
      9,000 SF

      Prime Location for Medical/Retail/Office

      9,000 SF available in thriving retirement community.
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      Madisonville Retail Space with Patio

      Retail space available in mixed-use development with patio seating.
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      View Details
    • $22 SF/Yr
      1,938 SF

      Retail Space in Upscale Market

      Retail space with high traffic and abundant parking.
      7201-7257 Wooster Pike, Cincinnati, OH 45227
      View Details
    • $3,750 /Mo
      1,536 SF

      Former Car Lot on Wooster

      Single tenant retail or office space near 50 West Brewery.
      7585 Wooster Pike, Cincinnati, OH 45227
      View Details
    • $4,250 /Mo
      1,896 SF

      Freestanding Building on Plainville Road

      Single tenant building suitable for retail, restaurant, or office use.
      4024 Plainville Rd, Cincinnati, OH 45227
      View Details
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    Cincinnati, OH 45227-4324
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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