Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7213 Dimmick Rd West Chester, OH 45069-4256

    • Hospitals
    • 1,552 SF
    • 0.74 lot acres
    OFF-MARKET
    Last Sale
    Jan 10, 2024
    Value Estimations
    $250,000
    Show details
    Cap Rate Potential
    7.7%
    Hospitals
    Location Intelligence
    Property ID
    US66-1943472
    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

    • Hospitals

    Property Details for 7213 Dimmick Rd

    Year built
    1958
    Lot size
    0.74 lot acres
    Property size
    1,552 SF
    Property type
    Hospitals
    APN
    M5620-270.000-042
    APU
    M5620270000042

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $305,000
      6.5%
      $280,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $238,000
      Market price range: $90.4k - $239k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $175,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $170,000
      Change: -2% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $160,000
      Change: -8% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Butler
    State
    Ohio
    Longitude
    -84.3891
    Latitude
    39.3122
    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
    $13
    $19,920
    $51,580
    $71,500
    -
    $56,910
    $147,370
    $204,280

    Comparable in this City

    • Value Estimation
      $210,000
      0.92 Acres

      9463 Cincinnati Columbus Rd

      HOSPITAL - PRIVATE • 0.92 Acres
      9463 Cincinnati Columbus Rd, West Chester, OH 45069-4153
      View Details
    • Value Estimation
      $265,000
      1,852 SF

      7306 Barret Rd

      HOSPITAL - PRIVATE • 1,852 SF
      7306 Barret Rd, West Chester, OH 45069-3067
      View Details
    • Value Estimation
      $240,000
      7.93 Acres

      7393 Dimmick Rd

      HOSPITAL - PRIVATE • 7.93 Acres
      7393 Dimmick Rd, West Chester, OH 45069-4231
      View Details
    • Value Estimation
      $220,000
      0.54 Acres

      University Dr

      HOSPITAL - PRIVATE • 0.54 Acres
      University Dr, West Chester, OH 45069
      View Details
    • Value Estimation
      $200,000
      876 SF

      8778 Cincinnati Dayton Rd

      HOSPITAL - PRIVATE • 876 SF
      8778 Cincinnati Dayton Rd, West Chester, OH 45069-3137
      View Details
    • Value Estimation
      $210,000
      0.92 Acres

      9463 Cincinnati Columbus Rd

      HOSPITAL - PRIVATE • 0.92 Acres
      9463 Cincinnati Columbus Rd, West Chester, OH 45069-4153
      View Details

    Similar Nearby for Sale

    • $1,395,000
      8,600 SF

      West Chester Retail/Medical Space

      8,600 SF retail or medical space in West Chester.
      9228 Centre Pointe Dr, West Chester, OH 45069
      View Details
    • $1,375,000
      8,082 SF

      West Chester Office Building For Sale

      Prime West Chester location, 8,082 SF office space.
      7413 Squire Ct, West Chester, OH 45069
      View Details
    • Contact for pricing
      12,488 SF

      The Oaks at Wetherington: Restaurant & Office Space

      Prime West Chester Retail Opportunity: Lease or Build-to-Suit
      0 Liberty Way & Tylers Pl Blvd, Wetherington, OH 45069
      View Details
    • Contact for pricing
      1.49 Acres

      West Chester Commercial Land - 1.49 Acres

      Prime IKEA Outlot, High-Traffic Location
      9500 Ikea Way, West Chester, OH 45069
      View Details
    • $1,800,000
      9,798 SF

      Approved Townhome Development Opportunity

      Land approved for 25 townhomes in West Chester Township.
      9774 Cincinnati Columbus Rd, West Chester, OH 45069
      View Details
    • Contact for pricing
      9,000 SF

      Office/Retail Space Near Costco

      5,600 SF office/retail space in Liberty Township, Butler County.
      | Veterans Blvd. Office Veterans Blvd @ Loomis Ln, Liberty Township, OH 45069
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      16,376 SF

      West Chester Office Building For Sale

      Prime West Chester location, multiple suites available.
      7237 Cincinnati Dayton Rd, West Chester, OH 45069
      View Details
    • $23 SF/Yr
      1,750 SF

      West Chester Office Condo

      1,750 SF Office Space Available
      7760 Voa Park Dr, West Chester, OH 45069
      View Details
    • $7 SF/Yr
      6,033 SF

      West Chester Office Space

      Flexible Offices, Coworking & More
      8200 Beckett Park Dr Ste 111, West Chester Township, OH 45069
      View Details
    • $20 SF/Yr
      4,960 SF

      Former Daycare Center in West Chester

      4,960 SF West Chester property suitable for retail or office.
      6860 Fountains Blvd, West Chester, OH 45069
      View Details
    • $15 SF/Yr
      3,160 SF

      Retail Space on Cincinnati Columbus

      Retail space for lease with easy access and parking.
      9480 Cincinnati Columbus Rd, West Chester, OH 45069
      View Details
    • $32 SF/Yr
      5,000 SF

      Retail Space with Highway Frontage

      5,000 SF retail space with ample parking and signage.
      9464 Civic Centre Blvd, West Chester, OH 45069
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7213 Dimmick Rd
    West Chester, OH 45069-4256
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.