Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Half Acre Rd Batavia, OH 45103
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Half Acre Rd Batavia, OH 45103

    View on Map
    • Manufacturing properties
    • 494,336 SF
    • 65.71 lot acres
    For Sale
    $39,955,000
    View Listing →
    Available Land in Batavia, Ohio For Sale
    $39,955,000
    161.80 Acres

    Available Land in Batavia, Ohio

    161.795 acres of land with utilities and highway access.

    Half Acre Rd, Batavia, OH
    View Listing
    Property ID
    US66-2910927
    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
    6.5%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for Half Acre Rd

    Year built
    1969
    Construction
    METAL FRAME
    Lot size
    65.71 lot acres
    Property size
    494,336 SF
    Property type
    Manufacturing properties
    APN
    52-35-08I-032
    APU
    523508I032

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $39,955,000
      ML approach
      $39,955,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $43,095,000
      6.5%
      $39,780,000
      7%
      $36,940,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $29,165,000
      Market price range: $29.2M - $84.1M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $46,715,000
      Current use
      AUTO REPAIR, GARAGE
      $66,075,000
      Change: +41% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Clermont
    State
    Ohio
    Longitude
    -84.1007
    Latitude
    39.0656
    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
    $184,407
    $341,390
    $2,836,330
    $3,177,720
    -
    $975,400
    $8,103,800
    $9,079,200

    Comparable in this City

    • Value Estimation
      $1,860,000
      19,792 SF

      4270 Armstrong Blvd

      MANUFACTURING (LIGHT) • 19,792 SF
      4270 Armstrong Blvd, Batavia, OH 45103-1670
      View Details
    • Value Estimation
      $1,805,000
      18,515 SF

      4017 Borman Dr

      MANUFACTURING (LIGHT) • 18,515 SF
      4017 Borman Dr, Batavia, OH 45103-1684
      View Details
    • Value Estimation
      $1,220,000
      16,000 SF

      1147 Clough Pike

      MANUFACTURING (LIGHT) • 16,000 SF
      1147 Clough Pike, Batavia, OH 45103-2307
      View Details
    • Value Estimation
      $2,610,000
      29,291 SF

      4064 Clough Woods Dr

      MANUFACTURING (LIGHT) • 29,291 SF
      4064 Clough Woods Dr, Batavia, OH 45103-2586
      View Details
    • Value Estimation
      $765,000
      8,668 SF

      1535 Old State Rte 74

      MANUFACTURING (LIGHT) • 8,668 SF
      1535 Old State Rte 74, Batavia, OH 45103-1604
      View Details
    • Value Estimation
      $640,000
      8,320 SF

      5080 State Rte 132

      MANUFACTURING (LIGHT) • 8,320 SF
      5080 State Rte 132, Batavia, OH 45103-1227
      View Details

    Similar Nearby for Sale

    • 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

      Prime Commercial Land Opportunity

      High-visibility land in a thriving commercial corridor.
      1269 Old State Route 74, Batavia, OH 45103
      View Details
    • $494,900

      2.02 Acres in Owensville District

      2.02 acres in Owensville Business District with road frontage.
      1 Us Highway 50, 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
    • $2,225,000

      Equestrian Training Facility Near WEC

      69-acre equestrian facility with indoor and outdoor arenas.
      2641 Us Highway 50, Batavia, OH 45103
      View Details
    • $250,000

      Land Parcels For Sale

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

    Similar Nearby for Lease

    • 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
    • Contact for pricing
      1,750 SF

      Retail Space in Batavia, OH

      Retail space available in Batavia, OH.
      238 W Main St, Batavia, OH 45103
      View Details
    • $13 SF/Yr

      Retail Space in Batavia, Ohio

      Retail space available in Dollar General anchored strip center.
      497-503 W Main St, Batavia, OH 45103
      View Details
    • Contact for pricing

      Established Business Near East Fork Lake

      Well-established business for sale near East Fork Lake State Park.
      2818 Old State Route 32, Batavia, OH 45103
      View Details
    • $13 SF/Yr

      Auto Service Facility For Lease

      5,109 SF auto service facility with eight drive-in doors.
      1120 Old State Route 74, Batavia, OH 45103
      View Details
    • $22 SF/Yr
      7,024 SF

      Retail Space in High-Traffic Center

      1,960 SF retail space in growing Batavia, Ohio.
      2234 Bauer Rd, Batavia, OH 45103
      View Details
    View Listing
    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.
    Half Acre Rd
    Batavia, OH 45103
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!