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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
1073 Old State Rte 74 Batavia, OH 45103
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-1828520
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
BRICK
Total area
3,216 SF
Lot
21.57 ac (939,546 SF)
APN
41-31-04B-015
UPID
US66-1828520
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
AI Approach
AI
$395k
CAP Approach
CAP
$480k
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$560k
Owner & transaction history
Cowboy Properties LLC · 3 yrs held
Cowboy Properties LLC
since 2023
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$480,000
+5.7%
Office building
$460,000
+1.6%
Neighborhood: shopping center
$455,000
+1.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Batavia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Batavia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
$520,000
6.5%
$480,000
7%
$445,000
Alternative Use
Use
Estimation
RETAIL STORES
$450,000
Current use
COMMERCIAL (GENERAL)
$480,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$460,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$430,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$174 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,960
Tax year 2023
Assessed value
$250,960
Assessed 2023
Previous assessed
$250,960
+0.0% YoY
Effective rate
9.95%
On assessed value
Assessed land
$190,090
Assessed improvement
$60,870
Land market value
$543,100
Improvement market value
$173,900
Total market value
$717,000
Applied tax rate
41.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Rooms
8
Bathrooms
3
Total area
3,216 SF
Lot
21.57 ac (939,546 SF)
APN
41-31-04B-015
UPID
US66-1828520
Jurisdiction
CLERMONT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$480,000
OFFICE BUILDING
Est. value
$460,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
AUTO REPAIR, GARAGE
Est. value
$430,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Rooms
8
Bathrooms
3
Lot
21.57 ac
Current owner
From public records · entity-resolved
Cowboy Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4387 ELICK LN, BATAVIA, OH 45103-1541
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2023
—
Cowboy Properties LLC
Holman Brothers Real Estate LLC
Warranty Deed
—
Nov 28, 2016
$625
Holman Brothers R & E LLC
Holman Brothers R/e LLC
Warranty Deed
related
—
Jun 8, 2015
$440,000
Holman Brothers R & E LLC
Sauls Vivian R Trust
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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