Financial
Distress signals
Property profile

9349 Waterstone Blvd Cincinnati, OH 45249

FOR LEASE
Office buildings
Property ID
US66-2601509
28,403 SF 7.04 ac lot Built 2007
Last sale Aug 2006 · $1,028,618
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Two Waterstone Place is a three-story, Class A office building located at 9349 Waterstone Blvd in Deerfield Township, offering flexible office floorplates with open floor plans and multiple suite configurations. Floor area is described as up to 5,855 RSF on the first floor, up to 9,167 RSF on the second floor, and up to 7,448 contiguous RSF on the third floor. The building includes on-site parking for employees, guests, and clients, as well as an on-site fitness center with showers and lockers.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$225k
Tax billed · 2023
Assessed value$2.99M
Assessed land$345k
Assessed improvement$2.65M
Effective rate7.51%

Value estimate

· Sep 2026
$5.04M
$4.53M – $5.54M
CAP approach$5.57M
Sales comparison$5.10M
NOI build-up
Gross scheduled income$57k
Vacancy & credit loss−$13k
Operating expenses−$11k
NOI · 237,250.00% cap applied$33k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$106/SF
Submarket average, outlier-cleaned · 268 recorded sales of this use type
Observed band · Q1–Q3$72 – $231

Cap rate analysis

How does the asset earn?
237,250.00%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.7
Kitchen & Bath13.1
Storage Facility12.9

Location

9349 Waterstone Blvd Cincinnati, OH 45249
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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