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    Property profile & analytics

    8568 Winton Rd Cincinnati, OH 45231

    • Strip malls
    • 15,762 SF
    • 2.99 lot acres
    OFF-MARKET
    Last Sale
    Dec 15, 2022
    $1,850,000
    Value Estimations
    $1,935,000
    Show details
    Cap Rate Potential
    8.5%
    Strip malls
    Location Intelligence
    Property ID
    US66-0410332
    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

    • Strip malls

    Property Details for 8568 Winton Rd

    Year built
    1968
    Lot size
    2.99 lot acres
    Property size
    15,762 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    590-0221-0066-00
    APU
    5900221006600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,065,000
      ML approach
      $2,015,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,920,000
      6.5%
      $2,695,000
      7%
      $2,505,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,897,000
      Market price range: $632k - $1.98M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,365,000
      Current use
      AUTO REPAIR, GARAGE
      $2,890,000
      Change: +111% Conversion: Difficult
      RESTAURANT
      $2,620,000
      Change: +92% Conversion: Difficult
      MEDICAL BUILDING
      $1,830,000
      Change: +34% Conversion: Difficult
      OFFICE BUILDING
      $1,675,000
      Change: +22% Conversion: Moderate
      RETAIL STORES
      $1,510,000
      Change: +11% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,395,000
      Change: +2% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,325,000
      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
    -84.516
    Latitude
    39.223
    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
    $59,725
    $510,601
    $43,414
    $554,015
    -
    $1,458,860
    $124,040
    $1,582,900

    Comparable in this City

    • Value Estimation by Request
      6,488 SF

      916 Hempstead Dr

      SHOPPING CENTER, STRIP CENTER • 6,488 SF
      916 Hempstead Dr, Cincinnati, OH 45231-5949
      View Details
    • Value Estimation by Request
      9,600 SF

      8029 Hamilton Ave

      SHOPPING CENTER, STRIP CENTER • 9,600 SF
      8029 Hamilton Ave, Cincinnati, OH 45231
      View Details
    • Value Estimation
      $2,295,000
      99,078 SF

      1535 Galbraith Rd

      SHOPPING CENTER, STRIP CENTER • 99,078 SF
      1535 Galbraith Rd, Cincinnati, OH 45231-5589
      View Details
    • Value Estimation
      $575,000
      15,668 SF

      8522 Winton Rd, Unit 8544

      SHOPPING CENTER, STRIP CENTER • 15,668 SF
      8522 Winton Rd, Cincinnati, OH 45231-4907
      View Details
    • Value Estimation by Request
      5,400 SF

      1179 Galbraith Rd

      SHOPPING CENTER, STRIP CENTER • 5,400 SF
      1179 Galbraith Rd, Cincinnati, OH 45231-5641
      View Details
    • Value Estimation by Request
      7,722 SF

      1359 Compton Rd

      SHOPPING CENTER, STRIP CENTER • 7,722 SF
      1359 Compton Rd, Cincinnati, OH 45231
      View Details

    Similar Nearby for Sale

    • $129,000

      Corner Lot Ideal for Development

      Prime corner location suitable for retail, office, or strip mall.
      2700 Compton Rd, Cincinnati, OH 45231
      View Details
    • $1,075,000
      7,102 SF

      NNN Investment Opportunity in Finneytown

      Two-tenant NNN investment property in a high-traffic retail corridor.
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    • Contact for pricing
      3,791 SF

      NNN Leased Restaurant Investment Opportunity

      Long-term NNN lease with attractive escalations in high-traffic location.
      9301 Winton Rd, Cincinnati, OH 45231
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    • $399,000
      5,529 SF

      Office Building with Development Potential

      5529 SF office building on almost 1 acre lot.
      793 Compton Rd, Cincinnati, OH 45231
      View Details
    • $229,000
      2,462 SF

      Retail Property on Galbraith Road

      Retail property with 2462 square feet of space.
      3232 W Galbraith Rd, Cincinnati, OH 45231
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    • $425,000
      4,414 SF

      Urban Farm and Brewery Opportunity

      Brewery and urban farm on 1.383 acres for sale.
      1445-1451 Compton Rd, Cincinnati, OH 45231
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      4,749 SF

      Retail Space Near Jungle Jim's

      Retail property for lease in front of Jungle Jim's.
      775 Eastgate Dr S, Cincinnati, OH 45231
      View Details
    • Contact for pricing
      2,637 SF

      Retail Space in Dillonvale Center

      Grocery-anchored neighborhood center with essential retail and service businesses.
      3912-4000 E Galbraith Rd, Cincinnati, OH 45231
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Finneytown Center

      Retail space available in a busy Finneytown shopping center.
      9172 Winton Rd, Cincinnati, OH 45231
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in High-Traffic Center

      Retail space available in a highly trafficked Cincinnati shopping center.
      8520-8548 Winton Rd, Cincinnati, OH 45231
      View Details
    • Contact for pricing
      3,222 SF

      Eastgate Retail Space Available

      Retail space in desirable Eastgate retail corridor for lease.
      861 Eastgate Dr S, Cincinnati, OH 45231
      View Details
    • $2,118,364

      New Dollar General Plus Store

      New 10,640 SF Dollar General Plus store in Cincinnati.
      10797 Hamilton Ave, Cincinnati, OH 45231
      View Details
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    8568 Winton Rd
    Cincinnati, OH 45231
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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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