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    921 Anderson Fry Rd Cincinnati, OH 45238-4239

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    921 Anderson Fry Rd Cincinnati, OH 45238-4239


    • Day care centers
    • 4,950 SF
    • 0.76 lot acres
    Off-Market
    Last Sale Jan 28, 2025
    $1,005,000
    Property ID
    US66-6183772
    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
    $870,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Delhi KinderCare / Daycare Center

    Property Details for 921 Anderson Fry Rd

    Year built
    1986
    Lot size
    0.76 lot acres
    Property size
    4,950 SF
    Property type
    Day care centers
    APN
    540-0063-0558-00
    APU
    5400063055800

    Description

    This exceptional investment opportunity presents a fee-simple ownership of a 4,950 square foot, single-tenant, net-leased retail property located at 921 Anderson Ferry Rd, Cincinnati, OH 45238. The property is currently 100% occupied by KinderCare Learning Centers, LLC, a nationally recognized leader in early childhood education, under a lease with a remaining term of approximately 2.9 years, plus two 6-year renewal options. The lease commenced December 29, 1987, and expires September 29, 2027. The lease includes annual rent bumps, providing a hedge against inflation. The property boasts a 7.00% cap rate and a strong NOI of $74,250. Situated on a 0.76-acre lot, the single-story building benefits from a high-traffic location at the intersection of Anderson Ferry Road and Rapid Run Road, with over 29,000 vehicles passing daily. The surrounding area features a dense residential population with high average household incomes, and is conveniently located near major retailers, including Walmart, Target, and Kroger. The property's strategic location within a densely populated residential neighborhood, coupled with the KinderCare brand's strong reputation and the lease's favorable terms, makes this a compelling investment in a resilient and growing sector of the economy. The property is a triple-net (NNN) lease, requiring zero landlord responsibilities. The KinderCare lease provides a corporate guarantee, mitigating risk. The property's location is within a 3-mile radius of over 99,400 people, and a 5-mile radius of over 189,200 people, with average household incomes exceeding $84,000. The property is also within 5 miles of over 62,700 employees. This is a rare opportunity to acquire a stable, high-performing asset in a recession-resistant industry. The asking price is $1,060,714.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $850,000
      ML approach
      $860,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $615,000
      Market price range: $217k - $615k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $610,000
      MEDICAL BUILDING
      $590,000
      OFFICE BUILDING
      $585,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.6169
    Latitude
    39.111
    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
    $22,002
    $49,178
    $229,078
    $278,256
    -
    $140,510
    $654,510
    $795,020
    More about this property
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