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Property profile & analytics
FOR LEASE
Warehouses
8832 Reading Rd Cincinnati, OH 45215
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US66-1281353
For Lease
Contact for pricing
8832 Reading Rd, Cincinnati, OH 45215
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Lot
0.13 ac (5,750 SF)
APN
671-0007-0270-00
UPID
US66-1281353
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
-
Professional Payroll Services Accounting Firm
-
August Groh & Sons, Inc. General Contractor
-
Seeskin Paas Blackburn & Co: Blackburn Herbert B CPA Accounting Firm Tax Preparation
-
Paas, Blackburn & Justice, Inc. Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Groh Investments LLC · 22 yrs held
Groh Investments LLC
since 2004
Last sale
$350,000
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$352
Tax year 2023
Assessed value
$4,220
Assessed 2023
Previous assessed
$2,933
+43.9% YoY
Effective rate
8.34%
On assessed value
Assessed land
$2,313
Assessed improvement
$1,907
Land market value
$6,610
Improvement market value
$5,450
Total market value
$12,060
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Heating
NONE
Lot
0.13 ac (5,750 SF)
APN
671-0007-0270-00
UPID
US66-1281353
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
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
Groh Investments LLC
Entity
Mailing address
8832 READING RD, CINCINNATI, OH 45215-4815
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
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
Apr 17, 2025
—
Pmh Real Estate LLC
—
Deed
related
$218,000 · Stock Yards Bank & Trust Co
Jan 29, 2021
—
Pmh Real Estate LLC
—
Deed
related
$120,000 · Stockyard Bk&tr
Jul 25, 2016
—
Groh Investments LLC
—
Deed
related
$415,775 · Huntington Nat'l Bk
Jun 30, 2004
—
Groh Investments LLC
Groh Investments
Quit Claim Deed
related
$437,774 · Provident Bank INC
—
—
Investments Groh
—
Deed Of Trust
related
$278,000 · Provident Savings Bank
—
—
Groh Investments LLC
—
Loan Modification
related
$415,775 · Huntington Nat'l Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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