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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Office buildings
9916 Carver Rd Blue Ash, OH 45242-5546
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-6055602
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
14,762 SF
Lot
1.34 ac (58,414 SF)
APN
612-0120-0130-00
UPID
US66-6055602
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
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$890k
Owner & transaction history
9916 Carver Rd LLC · 2 yrs held
9916 Carver Rd LLC
since 2023
Last sale
$900,000
7 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
$895,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,415,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $900k (Aug 7 2023)
Last sale anchor
$900k
Aug 7 2023
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
$60 / 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
$22,803
Tax year 2023
Assessed value
$324,688
Assessed 2023
Previous assessed
$324,688
+0.0% YoY
Effective rate
7.02%
On assessed value
Assessed land
$138,208
Assessed improvement
$186,480
Land market value
$394,880
Improvement market value
$532,800
Total market value
$927,680
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
Off-Market
Year built
1981
Heating
YES
Cooling
YES
Stories
1
Rooms
4
Total area
14,762 SF
Lot
1.34 ac (58,414 SF)
APN
612-0120-0130-00
UPID
US66-6055602
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
Est. value
$1.4M
RETAIL STORES
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
1981
Heating
YES
Cooling
Yes
Stories
1
Rooms
4
Lot
1.34 ac
Current owner
From public records · entity-resolved
9916 Carver Rd LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4389 N MASON MONTGOMERY RD, MASON, OH 45040-9175
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
—
9916 Carver Rd LLC
—
Deed
related
$600,000 · Spring Valley Bank
Aug 7, 2023
$900,000
9916 Carver Rd LLC
Penklor Properties LLC
Warranty Deed
—
Oct 31, 2016
$920,000
Penklor Properties LLC
Carver Properties Ltd
Warranty Deed
$800,000 · Central Bk
Apr 29, 2015
$920,000
Penklor Properties LLC
Carver Properties LLC
Dual Purpose Document
related
$800,000 · Carver Properties LLC
Apr 2, 2009
$1,100,000
Carver Properties Ltd
Siller,robert O
Grant Deed
$880,000 · Wesbanco Bank INC
Nov 29, 2005
—
Pby Partners
Pby Partners
Quit Claim Deed
—
Nov 22, 2005
$1,960,000
Robert O Siller
Green Mars Ltd
Warranty Deed
$1,523,000 · Peoples Community Bank
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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