1246 Old State Route 74Batavia, OH 45103

Property Details for 1246 Old State Route 74

Year built

2007

Construction

BRICK

Lot size

0.63 AC

Property size (Sq ft)

8,700 SF

Property type

Retail properties

Property subtype

Strip malls

APN

41-31-03B-026

APU

413103B026

Description

This exceptional commercial property, located at 1246 Old State Rte 74 in Batavia, Ohio (Clermont County, zip code 45103), presents a unique opportunity for businesses seeking flexible office space. The single-story building, constructed in 2007, offers a total of 5,400 square feet across two suites. Each suite comprises 2,700 square feet and can be leased individually or combined for a total of 5,400 contiguous square feet, catering to diverse business needs. The property is classified as both Traditional and Creative Office space, making it suitable for a variety of uses. The building's address is conveniently located near Bach Buxton Rd. The property features a total of two suites, with all 5,400 square feet currently vacant. This prime retail/office location offers a modern and efficient workspace, ideal for businesses seeking a prominent presence in Batavia. The property's APN is 413103B026. The monthly lease rate is $3,200 per 2,700 square foot suite.

• CAP approach

  CAP return

  Valuation

  6%

  $1,706,212

  6.5%

  $1,574,965

  7%

  $1,462,467

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,722,742

  Geo Method

  $2,722,742

• Alternative Use

  Use

  Valuation

  Residential

  $1,328,542

  Hospitality

  $1,216,937

  Educational

  $1,012,477

  Medical

  $1,047,298

  Retail

  $1,574,965

Location Insight

City

Batavia

County

Clermont

State

Ohio

Latitude

39.0897

Longitude

-84.2381

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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