Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,835,000
Medical Office Space
8311 Montgomery Rd Cincinnati, OH 45236-2227
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1452483
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1954
Total area
1,866 SF
Lot
1.82 ac (79,410 SF)
APN
600-0092-0060-00
UPID
US66-1452483
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
-
Dr. Mark Snyder Physician
-
Julie Strouth Physician
-
Carmen Palascak Physician
-
Thomas Shockley Physician
-
Jason P. Welter, D.O. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.84M
Owner & transaction history
Kenwood Healthcare Invtrs LLC · 5 yrs held
Kenwood Healthcare Invtrs LLC
since 2020
Last sale
$6.0M
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
$5,635,000
ML approach
$5,715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.84M
Range $5.25M – $6.42M · ±10% · vs last sale $6.00M (Nov 2 2020)
Last sale anchor
$6.00M
Nov 2 2020
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
$3,127 / 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
$110,570
Tax year 2023
Assessed value
$2,100,000
Assessed 2023
Previous assessed
$1,662,501
+26.3% YoY
Effective rate
5.27%
On assessed value
Assessed land
$313,754
Assessed improvement
$1,786,246
Land market value
$896,440
Improvement market value
$5,103,560
Total market value
$6,000,000
Applied tax rate
64.0000
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
Off-Market
Year built
1954
Heating
NONE
Stories
1
Rooms
6
Bathrooms
1
Total area
1,866 SF
Lot
1.82 ac (79,410 SF)
APN
600-0092-0060-00
UPID
US66-1452483
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
Year built
1954
Heating
NONE
Stories
1
Rooms
6
Bathrooms
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Kenwood Healthcare Invtrs LLC
Entity
Mailing address
12800 WHITEWATER DR STE #20, HOPKINS, MN 55343-9406
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2020
$6,000,000
Kenwood Healthcare Invtrs LLC
Kenwood One LLC
Grant Deed
$7,000,000 · Wintrust Bk NA
Aug 31, 2018
—
Hermosa Capital Management LLC
Thomas,joseph D
Grant Deed
—
Dec 28, 2017
—
Ovosm Properties LLC
—
Deed
related
$3,547,570 · Republic Bk&tr
Jul 29, 2014
—
Ovosm Properties LLC
—
Grant Deed
related
$3,830,000 · Republic Bk&tr
Jan 4, 2008
—
Ovosm Properties LLC
Ovosm Properties LLC
Quit Claim Deed
related
$3,215,000 · Fifth Third Bank
Apr 17, 2003
$260,900
Ovosm Properties LLC
Sarros,harry J
Grant Deed
$942,000 · Fifth Third Bank N Kentucky
—
—
Ovosm Properties LLC
—
Loan Modification
related
$3,547,570 · Republic Bk&tr
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8311 Montgomery Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
