1246 Old State Rte 74 Batavia, OH 45103-2013
- Strip malls
- 8,700 SF
- 0.63 lot acres
Current Use by Public Records
- Building Blocks Academy- Eastgate / Day Care Center
- Fairway Independent Mortgage Corporation / Financial Institution / Mortgage Lender
- The Little Anderson Inc / Preschool
- Liz Tomasulo - Mortgages with Liz - New American Funding / Mortgage Lender / Service Establishment
- Marcy Knue | Fairway Independent Mortgage Corporation Branch Manager / Mortgage Lender / Loan Agency
Property Details for 1246 Old State Rte 74
- Year built
- 2007
- Construction
- BRICK
- Lot size
- 0.63 lot acres
- Property size
- 8,700 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 41-31-03B-026
- APU
- 413103B026
Description
This exceptional commercial property, located at 1246 Old State Rte 74 in Batavia, Ohio (Clermont County, zip code 45103), presents a unique opportunity for businesses seeking flexible office space. The single-story building, constructed in 2007, offers a total of 5,400 square feet across two suites. Each suite comprises 2,700 square feet and can be leased individually or combined for a total of 5,400 contiguous square feet, catering to diverse business needs. The property is classified as both Traditional and Creative Office space, making it suitable for a variety of uses. The building's address is conveniently located near Bach Buxton Rd. The property features a total of two suites, with all 5,400 square feet currently vacant. This prime retail/office location offers a modern and efficient workspace, ideal for businesses seeking a prominent presence in Batavia. The property's APN is 413103B026. The monthly lease rate is $3,200 per 2,700 square foot suite.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $400,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $410,000
- Mixed-Use
- $420,000
- Hospitality
- $340,000
- Educational
- $385,000
- Residential Income
- $400,000
- Energy
- $370,000
- Income-Based Land
- $415,000
- Food Service
- $380,000
Location Insight
- Map
- Local Demand
- City
- Batavia
- County
- Clermont
- State
- Ohio
- Longitude
- -84.2381
- Latitude
- 39.0897
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA