0 Sr-32 & Herold Rd, Batavia, OH 45103
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.