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Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Warehouses
500 Kent Rd, Batavia, OH 45103-1703
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-0604273
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
CONCRETE BLOCKS
Total area
20,523 SF
Lot
22.63 ac (985,589 SF)
APN
06-02-22.-003
UPID
US66-0604273
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
Current use
Occupant on record · Public records
-
Townescapes, LLC Landscaping General Contractor
-
Towne Construction Services LLC General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.67M
Owner & transaction history
500 Kent St LLC · 13 yrs held
500 Kent St LLC
since 2012
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,175,000
6.5%
$2,005,000
7%
$1,860,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,415,000
Current use
AUTO REPAIR, GARAGE
$2,745,000
Change: +94% · Conversion: Easy
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±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
$81 / 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
$20,479
Tax year 2023
Assessed value
$301,320
Assessed 2023
Previous assessed
$301,320
+0.0% YoY
Effective rate
6.80%
On assessed value
Assessed land
$141,790
Assessed improvement
$159,530
Land market value
$405,100
Improvement market value
$455,800
Total market value
$860,900
Applied tax rate
6.0000
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
1986
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
1
Total area
20,523 SF
Lot
22.63 ac (985,589 SF)
APN
06-02-22.-003
UPID
US66-0604273
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
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.7M
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
1986
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
1
Lot
22.63 ac
Current owner
From public records · entity-resolved
500 Kent St LLC
Entity
Mailing address
1055 SAINT PAUL PL, CINCINNATI, OH 45202-6042
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2025
—
500 Kent St LLC
—
Deed
related
$500,000 · Park National Bank
Jun 2, 2020
—
500 Kent St LLC
—
Deed
related
$4,805,000 · Cfbank NA
Dec 6, 2016
—
500 Kent St LLC
—
Deed
related
$3,500,000 · Wesbanco Bank INC
Sep 24, 2012
$525,000
500 Kent St LLC
Plumb Props Of Clermont Cnty Ltd
Warranty Deed
$1,000,000 · Wesbanco Bank INC
May 24, 2010
$500,000
Plumb Props Of Clermont Cnty Ltd
Gi Management LLC
Grant Deed
—
—
—
500 Kent St LLC
—
Deed Of Trust
related
$4,805,000 · Cfbank NA
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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