Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4400 Hartman Ln Batavia, OH 45103-1971
    Back to Search
    Property profile & analytics

    4400 Hartman Ln, Batavia, OH 45103-1971

    View on Map
    • Specialty properties
    • 3,832 SF
    • 1.13 lot acres
    Off-Market
    Property ID
    US66-3113256
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hillside Small Animal Hospital / Veterinary Clinic

    Property Details for 4400 Hartman Ln

    Year built
    2011
    Construction
    FRAME
    Lot size
    1.13 lot acres
    Property type
    Specialty properties
    APN
    01-47-37A-010
    APU
    014737A010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 15, 2011 $130,000 Fouts Properties LLC Warren Brock Warranty Deed $525k · Jpmorgan Chase Bank NA
    Feb 28, 2011 — Warren Brock Tr Warren Brock Quit Claim Deed · related —
    — — Fouts Properties LLC — Deed Of Trust · related $424k · Horizon Certified Development

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Clermont
    State
    Ohio
    Longitude
    -84.1494
    Latitude
    39.0849
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,067
    $69,720
    $74,870
    $144,590
    -
    $199,200
    $213,900
    $413,100

    Comparable in this City

    • Value Estimation by Request
      2,720 SF

      Us Rte 50

      CHARITABLE ORGANIZATION
      Us Rte 50, Batavia, OH 45103
      View Details
    • Value Estimation by Request
      834 SF

      Shayler Ln

      CHARITABLE ORGANIZATION
      Shayler Ln, Batavia, OH 45103
      View Details
    • Value Estimation
      $585,000
      6,976 SF

      1404 Old State Rte 74

      VETERINARY, ANIMAL HOSPITAL
      1404 Old State Rte 74, Batavia, OH 45103-1640
      View Details
    • Value Estimation
      $665,000
      4,992 SF

      4177 Amelia Olive Br Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      4177 Amelia Olive Br Rd, Batavia, OH 45103-8990
      View Details
    • Value Estimation by Request
      0.14 Acres

      Nn St

      CHARITABLE ORGANIZATION
      Nn St, Batavia, OH 45103
      View Details
    • Value Estimation by Request
      1,934 SF

      2nd St

      CHARITABLE ORGANIZATION
      2nd St, Batavia, OH 45103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,180 SF

      Batavia Retail Investment Opportunity

      NNN leased Family Dollar with corporate guarantee and options.
      4136 Oh-276, Batavia, OH 45103
      View Details
    • Contact for pricing
      253,566 SF

      Spacious Industrial Property with Rail Access

      253,566 SF industrial space with rail access in Batavia, OH.
      4225 Curliss Ln, Batavia, OH 45103
      View Details
    • Contact for pricing

      Equestrian Training Facility Near WEC

      69-acre equestrian facility with indoor and outdoor arenas.
      2641 Us Highway 50, Batavia, OH 45103
      View Details
    • Contact for pricing

      Land Parcels For Sale

      Land parcels available for office and medical use.
      Clepper Ln, Batavia, OH 45103
      View Details
    • Contact for pricing

      65-Acre Commercial Development Opportunity

      Large commercial land with frontage on SR-32 and Herold Rd.
      Sr-32 & Herold Rd, Batavia, OH 45103
      View Details
    • $1,300,000
      18.44 Acres

      Batavia Twp Land For Sale

      18.44 acre commercial land available in Batavia Twp, OH.
      2432 Bauer Rd, Batavia, OH 45103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Recently Renovated Retail Space

      Move-in ready retail suite in a popular Cincinnati center.
      956 Old State Route 74, Batavia, OH 45103
      View Details
    • Contact for pricing
      3,310 SF

      Retail Space with Highway Access

      Retail property with ample parking and highway visibility.
      4440 Glen Este Withamsville Rd, Batavia, OH 45103
      View Details
    • Contact for pricing
      138,610 SF

      Versatile Flex Space in Batavia

      Adaptable space suitable for office, flex, tech, lab, or industrial uses.
      1981 James E Sauls Sr Dr, Batavia, OH 45103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4400 Hartman Ln
    Batavia, OH 45103-1971
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4400 Hartman Ln, Batavia, OH, 45103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!