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Property profile & analytics
FOR SALE
Manufacturing properties
Half Acre Rd Batavia, OH 45103
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-2910927
For Sale
$39,955,000
Half Acre Rd, Batavia, OH 45103
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1969
Construction
METAL FRAME
Total area
494,336 SF
Lot
65.71 ac (2,862,415 SF)
APN
52-35-08I-032
UPID
US66-2910927
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
$39.96M
CAP Approach
CAP
$39.78M
Comparable Approach
Comparable
$29.17M
Blend (final)
Blend
$39.96M
Owner & transaction history
Hilbaoh001 LLC · 1 yrs held
Hilbaoh001 LLC
since 2024
Last sale
$40.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$66.1M
+41.4%
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
$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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$46,715,000
Current use
AUTO REPAIR, GARAGE
$66,075,000
Change: +41% · Conversion: Easy
Blend value · Realmo final
$39.96M
Range $35.96M – $43.95M · ±10% · vs last sale $39.96M (Sep 16 2024)
Last sale anchor
$39.96M
Sep 16 2024
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
$184,407
Tax year 2023
Assessed value
$3,177,720
Assessed 2023
Previous assessed
$3,177,720
+0.0% YoY
Effective rate
5.80%
On assessed value
Assessed land
$341,390
Assessed improvement
$2,836,330
Land market value
$975,400
Improvement market value
$8,103,800
Total market value
$9,079,200
Applied tax rate
52.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1969
Construction
METAL FRAME
Heating
SPACE
Cooling
NONE
Stories
2
Units
1
Rooms
4
Bathrooms
1
Total area
494,336 SF
Lot
65.71 ac (2,862,415 SF)
APN
52-35-08I-032
UPID
US66-2910927
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
INDUSTRIAL (GENERAL) Current
Est. value
$46.7M
AUTO REPAIR, GARAGE
Est. value
$66.1M
INDUSTRIAL (GENERAL) 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
1969
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Units
1
Rooms
4
Bathrooms
1
Lot
65.71 ac
Current owner
From public records · entity-resolved
Hilbaoh001 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
30 N LA SALLE ST STE #4140, CHICAGO, IL 60602-2900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2024
$39,956,050
Hilbaoh001 LLC
Milacron LLC
Warranty Deed
—
Sep 16, 2024
—
Milacron LLC
Hilbaoh001 LLC
Lease
—
May 17, 2017
—
Milacron LLC
—
Loan Modification
related
$947,000,000 · Jp Morgan Chase Bk
Jun 13, 2014
—
Mila-cron LLC
—
Loan Modification
related
—
Jul 27, 2012
—
Milacron LLC
—
Deed Of Trust
related
$60,000,000 · Bank Of America
Jun 26, 2012
—
Milacron LLC
Hcdc Real Estate Holdings LLC
Quit Claim Deed
related
—
Feb 8, 2008
—
Clermont Senior Services INC
Hcdc Real Estate Holdings LLC
Grant Deed
—
Feb 5, 2008
—
Leonard E Koogler
Hcdc Real Estate Holdings LLC
Grant Deed
—
—
—
Milacron LLC
—
Loan Modification
related
$200,000,000 · Bank Of America
—
—
Milacron LLC
—
Deed Of Trust
related
$1,000,000,000 · Jp Morgan Chase Bk
—
—
Milacron LLC
—
Deed Of Trust
related
$275,000 · Us Bank NA
—
—
Mila-cron LLC
—
Loan Modification
related
$100,000,000 · Bank Of America
—
—
Milacron LLC
—
Deed Of Trust
related
$1,115,000,000 · Us Bank 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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