Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Waycross S Center St, OH

    • Office buildings
    • 1,768 SF
    • 1.61 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-3868641
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for Waycross S Center

    Year built
    1978
    Lot size
    1.61 lot acres
    Property size
    1,768 SF
    Property type
    Office buildings
    APN
    41-53-13G-036A
    APU
    415313G036A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    St
    County
    Clermont
    State
    Ohio
    Longitude
    -84.3129
    Latitude
    39.0694
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,846
    $27,060
    $0.00
    $27,060
    -
    $77,300
    $0.00
    $77,300

    Comparable in this City

    • Value Estimation
      $540,000
      5,160 SF

      Braceville Robinson Rd, OH

      OFFICE BUILDING • 5,160 SF
      Braceville Robinson Rd, OH
      View Details
    • Value Estimation by Request
      0.07 Acres

      Beaver Vu Dr, OH

      PROFESSIONAL BUILDING • 0.07 Acres
      Beaver Vu Dr, OH
      View Details
    • Value Estimation by Request
      0.22 Acres

      S

      OFFICE BUILDING • 0.22 Acres
      S, S, OH
      View Details
    • Value Estimation by Request

      Youngstown, OH

      OFFICE BUILDING
      Youngstown, OH
      View Details
    • Value Estimation
      $1,530,000
      16,296 SF

      Summit

      OFFICE BUILDING • 16,296 SF
      Summit, Summit, OH
      View Details
    • Value Estimation
      $1,440,000
      15,840 SF

      Belmont Warnock Rd, OH

      OFFICE BUILDING • 15,840 SF
      Belmont Warnock Rd, OH
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,254 SF

      Prime Miamisburg Office Building

      Single-tenant office building, ample parking.
      430 Southpointe Dr, Miamisburg, OH
      View Details
    • Contact for pricing
      2,100 SF

      Corner Lot on Mayfield Road

      Commercial land with expansion potential on a high-traffic corner.
      5555 Mayfield Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      857,332 SF

      Historic Nela Park Office Space

      East Cleveland office space in historic landmark, Nela Park.
      1975 Noble Rd, East Cleveland, OH
      View Details
    • Contact for pricing
      80,000 SF

      Milford Office Building with Atrium

      Office building featuring atrium, auditorium, and ample parking.
      2000 Salk Dr, Milford, OH
      View Details
    • Contact for pricing
      4,500 SF

      Freestanding Office Building in Westlake

      4,500 SF office building with excellent parking and signage.
      1119 Bassett Rd, Westlake, OH
      View Details
    • Contact for pricing
      2,250 SF

      Westlake Class B Office Space

      Renovated Class B office building with flexible layouts and amenities.
      24650 Center Ridge Rd, Westlake, OH
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      54,300 SF

      Office Building with Naming Rights

      Office space with highway visibility and naming rights available.
      7100 Foundry Row, Liberty Township, OH
      View Details
    • Contact for pricing
      4,080 SF

      Class A Office Space Available

      Three-story Class A office building with multiple suite sizes.
      6120 Parkland Dr, Mayfield Heights, OH
      View Details
    • $21 SF/Yr
      15,000 SF

      Class A Professional/Medical Office

      Proposed Class A office building with divisible floor plates.
      5950 Hamilton Rd, New Albany, OH
      View Details
    • Contact for pricing
      26,486 SF

      Class A Suburban Office Building

      Flexible office space in a business park setting.
      6055 Parkland Blvd, Mayfield Heights, OH
      View Details
    • $14 SF/Yr
      26,191 SF

      Middletown Office Space for Lease

      Office building in Middletown's Renaissance District with ample parking.
      3420 Atrium Blvd, Middletown, OH
      View Details
    • Contact for pricing
      1,176 SF

      Renovated Office Building Near Highways

      Two-story office building with convenient highway access and renovated common areas.
      35010 Chardon Rd, Willoughby Hills, OH
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Waycross S Center
    St, OH
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!