Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Retail space
9804 Colerain Ave Cincinnati, OH 45251-1429
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0203677
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Total area
8,955 SF
Lot
0.67 ac (29,098 SF)
APN
510-0111-0057-00
UPID
US66-0203677
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
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$881k
Blend (final)
Blend
$975k
Owner & transaction history
Colerain Building LLC · 4 yrs held
Colerain Building LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+73.4%
Medical building
$1.0M
+21.1%
Office building
$950,000
+10.6%
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 Cincinnati submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cincinnati 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
$990,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$860,000
Current use
RESTAURANT
$1,490,000
Change: +73% · Conversion: Easy
MEDICAL BUILDING
$1,040,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$950,000
Change: +11% · Conversion: Easy
COMMERCIAL (GENERAL)
$790,000
Change: -8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$775,000
Change: -10% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$750,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $1.14M (Aug 16 2021)
Last sale anchor
$1.14M
Aug 16 2021
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
$109 / 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
$29,966
Tax year 2023
Assessed value
$386,964
Assessed 2023
Previous assessed
$315,641
+22.6% YoY
Effective rate
7.74%
On assessed value
Assessed land
$188,664
Assessed improvement
$198,300
Land market value
$539,040
Improvement market value
$566,570
Total market value
$1,105,610
Applied tax rate
141.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Heating
YES
Cooling
YES
Stories
1
Rooms
4
Bathrooms
2
Total area
8,955 SF
Lot
0.67 ac (29,098 SF)
APN
510-0111-0057-00
UPID
US66-0203677
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$860,000
RESTAURANT
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$790,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$775,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$750,000
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1967
Heating
YES
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
2
Lot
0.67 ac
Current owner
From public records · entity-resolved
Colerain Building LLC
Entity
Mailing address
9869 WATERSTONE BLVD, CINCINNATI, OH 45249-8296
Ownership since
2021
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
Aug 16, 2021
$1,135,000
Colerain Building LLC
Delzan Properties LLC
Warranty Deed
$1,547,000 · Colerain Building LLC
Mar 22, 2006
$1,650,000
Delzan Properties LLC
Spm Real Estate Aft LLC
Warranty Deed
$149,819 · Republic Bank & Trust Co
Jan 12, 2005
$1,310,000
Spm Real Estate Aft LLC
Capehart Enterprises LLC
Warranty Deed
$1,000,000 · Jpmorgan Chase Bank NA
Dec 31, 1997
—
Gerald C Capehart
Lawyers Title Insurance Co-bkc
Grant Deed
related
—
Oct 10, 1997
$550,000
Lawyers Title Insurance Co-bkc
Lindvest
Grant Deed
$425,000 · Sycamore National Bank
—
—
Capehart Ents LLC
—
Deed Of Trust
related
$65,000 · Sycamore National Bank
—
—
Capehart Ents LLC
—
Deed Of Trust
related
$200,000 · Sycamore National Bank
—
—
Delzan Properties LLC
—
Deed Of Trust
related
$200,000 · Republic Bank & Trust
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.
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?”
You own 9804 Colerain Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
