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Property profile & analytics
FOR LEASE
Office buildings
9403 Kenwood Rd, Blue Ash, OH 45242
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-6207679
For Lease
1 / 4
$17 SF/Yr
9403 Kenwood Rd, Blue Ash, OH 45242
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Property summary
AI-generated overview
The Kenwood Professional Building, located at 9403 Kenwood Rd, Blue Ash, OH 45242, offers 57,738 square feet of versatile office space. This two-story building, constructed in 1972 and extensively renovated in 2023, is ideally situated off Highway 126 and near I-71, providing excellent accessibility. The property features a total of 47 suites, with a minimum divisible space of 500 square feet and a maximum contiguous space of 2,500 square feet. Currently, 13,994 square feet are available for lease, encompassing eight individual spaces ranging in size from 500 to 2,715 square feet. The building boasts a beautiful courtyard and benefits from daily cleaning services. The building is categorized as both Traditional Office and Medical Office space, making it suitable for a variety of professional uses. Its location in the Cincinnati submarket offers convenient access to a thriving business community. Interested parties should inquire about available suite sizes and lease terms.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
3.41 ac (148,452 SF)
APN
612-0060-0524-00
UPID
US66-6207679
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Kenwood Business Park LLC · 1 yrs held
Kenwood Business Park LLC
since 2024
Last sale
$2.5M
3 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 Blue Ash submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blue Ash 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
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (Aug 22 2024)
Last sale anchor
$2.50M
Aug 22 2024
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
—
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
$56,916
Tax year 2023
Assessed value
$829,770
Assessed 2023
Previous assessed
$829,770
+0.0% YoY
Effective rate
6.86%
On assessed value
Assessed land
$215,719
Assessed improvement
$614,051
Land market value
$616,340
Improvement market value
$1,754,430
Total market value
$2,370,770
Applied tax rate
214.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Heating
NONE
Lot
3.41 ac (148,452 SF)
APN
612-0060-0524-00
UPID
US66-6207679
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
3.41 ac
Current owner
From public records · entity-resolved
Kenwood Business Park LLC
Entity
Mailing address
4644 STARSTONE CT STE #300, PALMDALE, CA 93551-1827
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
$2,500,000
Kenwood Business Park LLC
Kenwood Professional Building LLC
Warranty Deed
$3,663,500 · Cinfed Cu
Nov 15, 2016
—
Hills Corp Centre LLC
—
Grant Deed
related
$8,750,000 · Thrivent Fin'l/lutherans
Jan 3, 2005
$2,850,000
Kenwood Prof Building LLC
Kenwood Associates
Grant Deed
—
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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