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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Investment properties
8759 Reading Rd Cincinnati, OH 45215-4854
Entity Owned
8-yr Hold
Property ID
US66-2242446
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1974
Total area
9,504 SF
Lot
0.45 ac (19,602 SF)
APN
671-0010-0144-00
UPID
US66-2242446
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. Nitender Kumar Dental Office
-
J H Sandow & Associates Llc Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$769k
Blend (final)
Blend
$900k
Owner & transaction history
Reading Rentals LLC · 8 yrs held
Reading Rentals LLC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+39.3%
Office building
$1.0M
+27.3%
Retail stores
$910,000
+15.0%
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)
$795,000
Current use
MEDICAL BUILDING
$1,105,000
Change: +39% · Conversion: Easy
OFFICE BUILDING
$1,010,000
Change: +27% · Conversion: Easy
RETAIL STORES
$910,000
Change: +15% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$825,000
Change: +4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$800,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$95 / 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
$10,494
Tax year 2023
Assessed value
$125,635
Assessed 2023
Previous assessed
$105,795
+18.8% YoY
Effective rate
8.35%
On assessed value
Assessed land
$21,388
Assessed improvement
$104,247
Land market value
$61,110
Improvement market value
$297,850
Total market value
$358,960
Applied tax rate
182.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1974
Heating
YES
Stories
3
Total area
9,504 SF
Lot
0.45 ac (19,602 SF)
APN
671-0010-0144-00
UPID
US66-2242446
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
$795,000
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$910,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$825,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$800,000
COMMERCIAL (GENERAL) Current
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
1974
Heating
YES
Stories
3
Lot
0.45 ac
Current owner
From public records · entity-resolved
Reading Rentals LLC
Entity
Mailing address
PO BOX 31147, CINCINNATI, OH 45231-0147
Ownership since
2018
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
Jun 12, 2020
—
Reading Rentals LLC
—
Deed
related
$3,465,000 · Pinnacle Bank
May 14, 2018
$302,269
Reading Rentals LLC
Tatman Gordon E Living Trust
Warranty Deed
—
Feb 25, 2002
—
Gordon E Tatman
Tatman Trust
Quit Claim Deed
related
—
Jul 26, 2001
$660,000
Roger D Tatman
Jefferson II LP
Grant Deed
$760,000 · Union Fsb
—
—
Reading Rentals LLC
—
Deed Of Trust
related
$3,465,000 · Pinnacle Bk
—
—
Gordon E Tatman
—
Deed Of Trust
related
$533,000 · Union Fsb
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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