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    OFF-MARKET
    Land

    0 Sr-32 & Herold Rd, Batavia, OH 45103

    24 ac lot
    Property ID
    Property summary
    AI-generated overview

    Two parcels totaling approximately 65 acres are available for sale in Batavia, Ohio, offering exceptional commercial development opportunities. The property boasts frontage on both sides of Herold Road and State Route 32, providing high visibility and accessibility. The flexible commercial zoning allows for a wide range of uses, with the Village of Batavia even expressing support for assisted living facilities. To incentivize development, the Village is prepared to offer tax abatements or other development incentives. This strategic location benefits from surrounding development, including the nearby Streamside development by Hal Homes, a 145-acre project featuring 300 single-family homes and 300 apartments. The site's size and location make it ideal for various commercial ventures, including medical facilities, retail establishments, or other commercial projects. The land is priced at $90,000 per acre, with lot sizes ranging from 24 to 41 acres. This presents a unique opportunity to acquire a significant land parcel in a rapidly growing area with strong potential for future appreciation. The Clermont County location and 45103 zip code offer easy access to major transportation routes and amenities.

    Property profile
    Verified
    Property type Land
    Lot 24 ac (1,045,440 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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