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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Warehouses
1978 Clark Ln, Batavia, OH 45103-1752
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1166129
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Construction
METAL FRAME
Total area
11,520 SF
Lot
5.96 ac (259,835 SF)
APN
01-20-13C-021
UPID
US66-1166129
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
$1.00M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$960k
Owner & transaction history
Jaytree LLC · 4 yrs held
Jaytree LLC
since 2021
Last sale
$920,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+93.6%
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
$990,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,220,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$795,000
Current use
AUTO REPAIR, GARAGE
$1,540,000
Change: +94% · Conversion: Easy
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $920k (Oct 25 2021)
Last sale anchor
$920k
Oct 25 2021
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
$83 / 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
$5,512
Tax year 2023
Assessed value
$79,170
Assessed 2023
Previous assessed
$79,170
+0.0% YoY
Effective rate
6.96%
On assessed value
Assessed land
$21,070
Assessed improvement
$58,100
Land market value
$60,200
Improvement market value
$166,000
Total market value
$226,200
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
5
Bathrooms
1
Total area
11,520 SF
Lot
5.96 ac (259,835 SF)
APN
01-20-13C-021
UPID
US66-1166129
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
WAREHOUSE, STORAGE Current
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE Current
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
1978
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
5.96 ac
Current owner
From public records · entity-resolved
Jaytree LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1011 COLLEGE DR, BATAVIA, OH 45103-1744
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2022
—
Jaytree LLC
—
Deed
related
$552,500 · Wesbanco Bank INC
Oct 25, 2021
$920,000
Jaytree LLC
Clarks Properties Of Ohio LLC
Warranty Deed
—
Jan 17, 2020
$250,000
Clarks Properties Of Ohio LLC
Eagle Materials LLC
Warranty Deed
—
Dec 9, 2014
$250,000
Clarks Properties Of Ohio LLC|eagle Materials LLC
Eagle Materials LLC
Dual Purpose Document
related
$220,000 · Eagle Materials LLC
Jan 24, 2014
$100,000
Eagle Materials LLC
Central Ready Mix LLC
Grant Deed
—
Jun 15, 2011
—
Central Ready Mix LLC
—
Deed Of Trust
related
$10,000,000 · Ready Mix Opportunity LLC
Oct 21, 2010
—
Central Ready Mix LLC
Moraine Materials Co
Quit Claim Deed
—
Apr 1, 2010
—
Moraine Materials Co
Moraine Materials Co
Quit Claim Deed
related
—
—
—
Central Ready Mix LLC
—
Deed Of Trust
related
$16,000,000 · Ready Mix Opportunity LLC
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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