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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
6929 Miami Ave Cincinnati, OH 45243-2756
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US66-0410797
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Total area
4,029 SF
Lot
0.23 ac (10,149 SF)
APN
525-0003-0392-00
UPID
US66-0410797
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
-
Wendy L. Barone, LMT Alternative Medicine Practice
-
The Pink Box Clothing & Fashion Store
-
JBird’s Bird Country Pet Store & Service Pet Store
-
Mei Chi's Creations Clothing & Fashion Store
-
Tim at Shape & Form Men's Grooming Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$385k
Blend (final)
Blend
$505k
Owner & transaction history
Miami Avenue Properties Ltd · 18 yrs held
Miami Avenue Properties Ltd
since 2008
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$740,000
+91.1%
Medical building
$470,000
+21.1%
Office building
$430,000
+10.6%
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
RETAIL STORES
$385,000
Current use
AUTO REPAIR, GARAGE
$740,000
Change: +91% · Conversion: Difficult
MEDICAL BUILDING
$470,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$430,000
Change: +11% · Conversion: Easy
COMMERCIAL (GENERAL)
$355,000
Change: -8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$350,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$125 / 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
$11,019
Tax year 2023
Assessed value
$120,551
Assessed 2023
Previous assessed
$116,519
+3.5% YoY
Effective rate
9.14%
On assessed value
Assessed land
$33,569
Assessed improvement
$86,982
Land market value
$95,910
Improvement market value
$248,520
Total market value
$344,430
Applied tax rate
92.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1947
Heating
YES
Stories
1
Rooms
3
Total area
4,029 SF
Lot
0.23 ac (10,149 SF)
APN
525-0003-0392-00
UPID
US66-0410797
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
RETAIL STORES Current
Est. value
$385,000
AUTO REPAIR, GARAGE
Est. value
$740,000
MEDICAL BUILDING
Est. value
$470,000
OFFICE BUILDING
Est. value
$430,000
COMMERCIAL (GENERAL)
Est. value
$355,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$350,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1947
Heating
YES
Stories
1
Rooms
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Miami Avenue Properties Ltd
Entity
Mailing address
7337 CAMARGO RD, CINCINNATI, OH 45243-3000
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2008
—
Miami Avenue Properties Ltd
Miami Avenue Properties Ltd
Quit Claim Deed
$400,000 · Centerbank
Jan 26, 2006
—
Miami Avenue Properties LLC
Awa Corp
Warranty Deed
—
Feb 14, 2001
$320,000
Awa Corp
Kellogg,robert C & Marilyn S
Grant Deed
$240,000 · Centerbank
—
—
Miami Avenue Properties Ltd
—
Deed Of Trust
related
$100,000 · Centerbank
—
—
Miami Avenue Properties Ltd
—
Deed Of Trust
related
$75,000 · Centerbank
—
—
Robert C Kellogg
—
Deed Of Trust
related
$140,000 · Star Bank
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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