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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Strip malls
8944 Columbia Rd, Loveland, OH 45140-1121
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-2189835
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Construction
CONCRETE
Total area
22,972 SF
Lot
2.08 ac (90,648 SF)
APN
16-21-481-036-0
UPID
US66-2189835
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
-
Chilango Fresh Mexican Restaurant
-
Cincinnati Dental Services - Landen Dental Office
-
Dr. Matthew W. Mangino, DMD Dental Office
-
Anthony Philips, DDS Dental Office
-
Jaclyn M. Schwartz, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.09M
CAP Approach
CAP
$1.47M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$2.22M
Owner & transaction history
20 Mile Station LLC · 2 yrs held
20 Mile Station LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.5M
+284.4%
Auto repair, garage
$2.9M
+220.1%
Commercial (general)
$2.6M
+185.3%
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 Loveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loveland 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
$2,970,000
ML approach
$3,085,000
CAP Approach
CAP Return
Estimation
6%
$1,595,000
6.5%
$1,470,000
7%
$1,365,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,485,000
Change: +284% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,905,000
Change: +220% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,585,000
Change: +185% · Conversion: Easy
RESTAURANT
$2,280,000
Change: +151% · Conversion: Difficult
OFFICE BUILDING
$2,020,000
Change: +123% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,875,000
Change: +107% · Conversion: Difficult
Blend value · Realmo final
$2.22M
Range $1.99M – $2.44M · ±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
$96 / 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
$71,220
Tax year 2023
Assessed value
$952,035
Assessed 2023
Previous assessed
$952,035
+0.0% YoY
Effective rate
7.48%
On assessed value
Assessed land
$190,351
Assessed improvement
$761,684
Land market value
$543,860
Improvement market value
$2,176,240
Total market value
$2,720,100
Applied tax rate
9.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
22,972 SF
Lot
2.08 ac (90,648 SF)
APN
16-21-481-036-0
UPID
US66-2189835
Jurisdiction
WARREN
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
RETAIL STORES
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1996
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.08 ac
Current owner
From public records · entity-resolved
20 Mile Station LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3440 SECOR RD, TOLEDO, OH 43606-1501
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2024
—
20 Mile Station LLC
Js Loveland LLC
Warranty Deed
—
Mar 2, 2022
$2,950,000
Js Loveland LLC
Kkg Investments LLC
Limited Warranty Deed
$1,917,500 · Ih Cu INC
Apr 5, 2016
$2,272,333
Kkg Investments LLC
Deerfield Twenty Mile LLC
Warranty Deed
—
Apr 5, 2016
—
Deerfield Twenty Mile LLC
Columbia Of Twenty Mile Stand LLC
Grant Deed
related
—
Mar 16, 2015
$1,127,000
Columbia At Twenty Mile Stand
Julian Mackenzie II Ltd
Grant Deed
—
—
—
Julian Mackenzie II Ltd
—
Deed Of Trust
related
$1,850,000 · Miscellaneous Ins Co
—
—
Julian Mackenzie II Ltd
—
Deed Of Trust
related
$36,139 · Star Bank
—
—
Julian Mackenzie II Ltd
—
Loan Modification
related
$846,750 · Miscellaneous Ins Co
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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