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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Retail residential properties
7521 Reading Rd Cincinnati, OH 45237-3210
Entity Owned
~
Est. High Equity
Property ID
US66-2069967
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1941
Total area
7,424 SF
Lot
0.31 ac (13,329 SF)
APN
117-0008-0188-00
UPID
US66-2069967
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
$847k
Blend (final)
Blend
$805k
Owner & transaction history
7521 Reading Road Properties LLC
7521 Reading Road Properties LLC
since 2025
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+88.2%
Medical building
$860,000
+31.4%
Office building
$790,000
+20.0%
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
COMMERCIAL (GENERAL)
$655,000
Current use
RESTAURANT
$1,235,000
Change: +88% · Conversion: Difficult
MEDICAL BUILDING
$860,000
Change: +31% · Conversion: Easy
OFFICE BUILDING
$790,000
Change: +20% · Conversion: Easy
RETAIL STORES
$710,000
Change: +8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$645,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$625,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$108 / 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
$6,859
Tax year 2023
Assessed value
$83,206
Assessed 2023
Previous assessed
$81,449
+2.2% YoY
Effective rate
8.24%
On assessed value
Assessed land
$15,957
Assessed improvement
$67,249
Land market value
$45,590
Improvement market value
$192,140
Total market value
$237,730
Applied tax rate
1.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1941
Heating
YES
Stories
1
Rooms
4
Bathrooms
2
Total area
7,424 SF
Lot
0.31 ac (13,329 SF)
APN
117-0008-0188-00
UPID
US66-2069967
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
COMMERCIAL (GENERAL) Current
Est. value
$655,000
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$860,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$710,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$645,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$625,000
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1941
Heating
YES
Stories
1
Rooms
4
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
7521 Reading Road Properties LLC
Entity
Mailing address
1250 ADAMS RD, CINCINNATI, OH 45231-3325
Ownership since
2025
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
Nov 18, 2025
$475,000
7521 Reading Road Properties LLC
Stillwell Real Estate Holdings LLC
Warranty Deed
$380,000 · Park National Bank
Jun 28, 2022
—
Stillwell Real Estate Holdings LLC
—
Deed
related
$300,000 · Velocity Commercial Capital LLC
Dec 29, 2017
—
Stillwell Real Estate Holdings LLC
Thaddaus E Dawson SR.
Warranty Deed
$169,000 · Us Bank NA
Jan 19, 2016
$90,000
Thaddaus E Dawson
Anita M Bidleman
Warranty Deed
—
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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