Warehouse with Two Garage
209 Foundry Ave, Batavia, OH 45103
For Sale
$200,000
Warehouse property with office, reception area, half bath, and lease availability.
Property Size1,658 SF
Price / SF$120.63
Days on Market52
Property Features for 209 Foundry Ave
General Information
Standard status
Size
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Amenities
2-door garage
office
reception area
half bath
13-foot ceiling height
new roof (2022)
waterfront land
Building Details
Year Renovated
Buildings
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Tammy R. Gibbs
(513) 515-9533
Source:
Exprealty
Added: Sep 17
Changed: Nov 5
Last Checked: Nov 6 at 11:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
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Investment Insights
Based on property information with market context.
This 1,658-square-foot warehouse includes two garage doors, an office, a reception area, and a half bath. The office measures 10 x 11 feet, while the reception area measures 10 x 14 feet. A 13-foot ceiling provides additional vertical clearance for storage or automotive operations.
The roof was replaced in 2022. The property can support auto body shop or storage use and is also available for lease. Additional waterfront land is included across Foundry Ave.
The roof was replaced in 2022. The property can support auto body shop or storage use and is also available for lease. Additional waterfront land is included across Foundry Ave.
Key Highlights
- 1,658‑square‑foot warehouse with two garage doors
- Office measures 10 x 11 feet
- Reception area measures 10 x 14 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,103
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,060
$322.1K
Cap Rate 7%
$230,043
$230.0K
Cap Rate 9%
$178,922
$178.9K
Market Conditions
NOI Build-Up for 1,658 SF
Gross rent
$24.9K $15.00/SF
− Vacancy
−$1.9K −$1.13/SF
EGI
$23.0K $13.88/SF
− OpEx
−$6.9K −$4.16/SF
NOI
$16.1K $9.71/SF
Area
Clermont County, OH
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,060
Cap Rate 7%
$230,043
Cap Rate 9%
$178,922
Alternative Uses
Best Use
Retail
$230.0K
$201.3K – $268.4K
NOI $16,103 @ 7.0% cap · market cap 8.05%
Second Best
Warehouse
$150.4K
$131.6K – $175.5K
NOI $10,531 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$297.2K
$260.1K – $346.8K
NOI $20,807 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
13 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45103, OH
35,237
Population
14,928
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
90%
High-School Grad
85.3 sq mi
ZIP Area
413
Density / Sq Mi
$81,837
Median Household Income
$45,027
Median Earnings
$1,050
Median Rent
$242,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Clermont County, OH
Properties on Market for Warehouses in Clermont County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Riverside Storage — 410 S Riverside Dr, Batavia, OH 45103
- Crozet Self Storage Unit — 499 W Main St, Batavia, OH 45103
- Batavia Big Garage Storage — 90 W Main St, Batavia, OH 45103
- Eastside Storage — 4400 OH-222, Batavia, OH 45103
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property with office, reception area, half bath, and lease availability.
Where is this warehouse located?
The property is located at 209 Foundry Ave Batavia, OH.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,658‑square‑foot warehouse with two garage doors; Office measures 10 x 11 feet; Reception area measures 10 x 14 feet
