Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8976 Columbia Rd Loveland, OH 45140

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8976 Columbia Rd Loveland, OH 45140

    View on Map
    • Commercial real estate
    • 4,941 SF
    • 0.58 lot acres
    For Lease
    $15 SF/Yr
    View Listing →
    Loveland Office Space For Rent For Lease
    $15 SF/Yr
    5,000 SF

    Loveland Office Space For Rent

    Recently renovated office space in a bustling Loveland business district.

    8976 Columbia Road, Loveland, OH 45140
    View Listing
    Property ID
    US66-1143299
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • A-Plus Care, Inc. / Home Health Care Service
    • Photography By Jenna / Photography Service / (Bike/Boat/Book/etc) Store
    • Remember When Portraits / Photography Service / (Bike/Boat/Book/etc) Store

    Property Details for 8976 Columbia Rd

    Year built
    1997
    Construction
    FRAME
    Lot size
    0.58 lot acres
    Property size
    4,941 SF
    Property type
    Commercial real estate
    APN
    16-21-481-038-0
    APU
    16214810380

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,040,000
      6.5%
      $960,000
      7%
      $890,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $885,000
      Market price range: $518k - $1.21M
      AI Estimate
      $598,000
      Market price range: $262k - $797k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $825,000
      Current use
      AUTO REPAIR, GARAGE
      $1,195,000
      Change: +45% Conversion: Difficult
      OFFICE BUILDING
      $855,000
      Change: +4% Conversion: Easy
      RETAIL STORES
      $710,000
      Change: -14% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Warren
    State
    Ohio
    Longitude
    -84.2782
    Latitude
    39.3051
    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
    $7,450
    $27,839
    $71,750
    $99,589
    -
    $79,540
    $205,000
    $284,540

    Comparable in this City

    • Value Estimation by Request

      1140 Weber Rd

      Investment properties
      1140 Weber Rd, Loveland, OH 45140
      View Details
    • Value Estimation by Request
      2,080 SF

      6377 Br Hl Guinea Pike

      COMMERCIAL (GENERAL) • 2,080 SF
      6377 Br Hl Guinea Pike, Loveland, OH 45140-9498
      View Details
    • Value Estimation by Request
      2,400 SF

      225 Chestnut St

      COMMERCIAL (GENERAL) • 2,400 SF
      225 Chestnut St, Loveland, OH 45140-2532
      View Details
    • Value Estimation by Request
      3,384 SF

      113 Karl Brown Way

      COMMERCIAL (GENERAL) • 3,384 SF
      113 Karl Brown Way, Loveland, OH 45140-2901
      View Details
    • Value Estimation
      $1,240,000
      16,000 SF

      113 Karl Brown Way

      COMMERCIAL (GENERAL) • 16,000 SF
      113 Karl Brown Way, Loveland, OH 45140-2901
      View Details
    • Value Estimation by Request
      2,626 SF

      127 Loveland Ave

      COMMERCIAL (GENERAL) • 2,626 SF
      127 Loveland Ave, Loveland, OH 45140-2931
      View Details

    Similar Nearby for Sale

    • $1,250,000

      Commercial Lot with Retail Zoning

      2.36-acre commercial lot with frontage and utility access.
      Loveland Madeira Rd, Loveland, OH 45140
      View Details
    • $775,000

      Industrial Property with Expansion Potential

      Industrial property for sale with expansion and storage yard.
      1302 Ohio 28, Loveland, OH 45140
      View Details
    • Contact for pricing
      0.14 Acres

      Land in Deerfield Township, OH

      Building lot in Loveland Park with utilities available.
      2511 Hickory Dr, Loveland, OH 45140
      View Details
    • Contact for pricing

      Wilden Woods Kennel on 8.45 Acres

      Established kennel with a block building and colonial home.
      1140 Weber Rd, Loveland, OH 45140
      View Details
    • $1,500,000

      Commercial Lot in Loveland Entertainment District

      2.00 acre commercial lot with high traffic frontage.
      Loveland Madeira Rd, Loveland, OH 45140
      View Details
    • $69,900
      0.18 Acres

      Residential Land in Deerfield Twp.

      Building lot in Deerfield Twp., OH with existing septic.
      9653 Shore Dr, Loveland, OH 45140
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      19,100 SF

      Warehouse Space in Commerce Park

      Warehouse space with easy access to I-71 and I-275.
      100 Commerce Dr, Loveland, OH 45140
      View Details
    • $650 /Mo
      39,730 SF

      Retail Space in Loveland

      Flexible retail units with high visibility and easy highway access.
      10900 Loveland Madeira Rd, Loveland, OH 45140
      View Details
    • Contact for pricing

      Loveland Industrial Spaces Available

      Industrial spaces available for rent in Loveland, Ohio.
      119 Northeast Dr, Loveland, OH 45140
      View Details
    • Contact for pricing
      3,130 SF

      Prime Location Office Space

      Office space with high traffic and convenient parking.
      10600 Loveland Madeira Rd, Loveland, OH 45140
      View Details
    • $22 SF/Yr

      Office Space in Old Loveland

      Office space for rent in the heart of Old Loveland.
      203 W Loveland Ave, Loveland, OH 45140
      View Details
    • Contact for pricing

      Retail/Office Space For Rent

      Retail or office space available in Loveland, OH.
      471 Wards Corner Rd, Loveland, OH 45140
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8976 Columbia Rd
    Loveland, OH 45140
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!