Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1870 Radio Rd Dayton, OH 45431

    Sponsored
    For Sale
    Pending
    $80,000

    COMMERCIAL - Riverside, OH

    Property size:
    5,490 SF
    Lot size:
    0.49 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 30 at 11:06 am

    Property Features for 1870 Radio Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    I39001140003
    Interior features
    Truck Dock
    Size
    5,490 SF
    Lot size
    0.49 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1969
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block
    Roof type
    Membrane

    We can help!

    Listing Contact
    Sarah Ford

    eXp Realty (866) 212-4991

    Listing agent Sarah Ford

    Listing date Jan 28, 2026

    MLS# 1867221

    Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Riverside, OH Industrial Building

    This industrial building in Riverside, OH, features a large workshop area along with several rooms. The property includes two dock doors and one garage door, facilitating access for various operations. It also contains two large, built-in fridge rooms. The interior electrical system has been removed and requires reconnection. The building has a total size of 5490 square feet and is situated on a 0.487-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.1336891
    Latitude
    39.7722594

    Nearby Similar for Sale

    • $95,000
      2,464 SF

      Dayton Duplex Investment Opportunity

      2464 sq ft duplex near downtown Dayton. Sold AS IS.
      249-251 Lexington Ave, Dayton, OH 45402
      View Details
    • $297,900
      3,392 SF

      South Park Historic District Duplex

      Stately duplex in Dayton's South Park Historic District.
      229-227 James St, Dayton, OH 45410
      View Details
    • New
      $95,000
      Pending

      Dayton Duplex with Renovated Unit

      Well-maintained Dayton duplex with renovated unit and detached garage.
      716 W Fairview Ave, Dayton, OH 45406
      View Details
    • $188,500
      Pending

      Remodeled Duplex with Income Potential

      Turn-key duplex in Dayton with modern upgrades and income potential.
      40 Mathison St, Dayton, OH 45417
      View Details
    • $165,000
      0.12 Acres

      Dayton Duplex Investment Opportunity

      Dayton duplex, priced to sell, great for investment.
      2411 N Main St, Dayton, OH 45405
      View Details
    • $185,000
      0.13 Acres

      Remodeled Dayton Duplex For Sale

      Newly remodeled duplex in Dayton, excellent investment or owner-occupancy opportunity.
      53 W Norman Ave, Dayton, OH 45405
      View Details
    • $4,900,000
      17,381 SF

      Dayton Commercial Property with Parking

      Commercial space with fenced parking and visibility from Route 4.
      1602 Valley St, Dayton, OH 45404
      View Details
    • New
      $550,000
      2.35 Acres

      Riverside Commercial Building with Features

      Industrial building with offices, workshop, and specialized systems.
      1889 Radio Rd, Dayton, OH 45431
      View Details
    • $475,000
      8,000 SF

      Dayton Commercial Garage with Bays

      8000 SF commercial building with multiple bays and lifts.
      2547 Valley St, Dayton, OH 45404
      View Details
    • $139,900
      1,242 SF

      Dayton Auto Repair Garage

      Vacant auto repair garage on a corner lot.
      501 E Trotwood Blvd, Dayton, OH 45426
      View Details
    • New
      $450,000
      Pending

      Riverside Commercial Building with Workshop

      Industrial building featuring offices, workshop areas, and crane potential.
      1875 Radio Rd, Dayton, OH 45431
      View Details
    • $300,000

      High-Traffic Commercial Opportunity in Dayton

      Well-located commercial property with high visibility and strong traffic counts.
      7846 N Main St, Dayton, OH 45415
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial building with workshop, dock doors, and built-in fridge rooms.
    Where is this industrial property located?
    The property is located at 1870 Radio Rd Dayton, OH.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Large workshop space suitable for industrial use.; - Two dock doors for efficient loading and unloading.; - Two large built-in fridge rooms for temperature-controlled storage.
    (866) 212-4991
    Request Owner's contact information
    1870 Radio Rd Dayton, OH 45431
    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.
    1870 Radio Rd
    Dayton, OH 45431
    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
    1870 Radio Rd Dayton, OH 45431
    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

    We can help!
    Listing Contact
    Sarah Ford
    (866) 212-4991
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.