Property profile

State Rte 32 Cincinnati, OH 45244

OFF-MARKET
Garden apartment buildings
Property ID
US66-4020419
17,860 SF 6.97 ac lot Built 1980
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1980
Construction FRAME
Total area 17,860 SF
Lot 6.97 ac (303,439 SF)
APN 41-32-13A-037
UPID US66-4020419

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

State Rte 32 Cincinnati, OH 45244
Cincinnati metro Census 41403 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.08M
Comparable Approach Comparable
by Request
Blend (final) Blend
$660k

Owner & transaction history

since 2007
5 recorded transactions
2021
Price N/A
2007
Price N/A
2007
$3.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $2.1M +38.2%
Office building $1.9M +26.3%
Retail stores $1.7M +14.2%

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
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