Dayton Ranch with
For Sale
$195,000
3291 Benchwood Road, Dayton, OH 45414
Commercial Sale, Dayton, OH
Property Size1,470 SF
Lot Size0.36 Acres
Price / SF$132.65
Days on Market111
Property Features for 3291 Benchwood Road
General Information
Property type
Commercial Sale
Property subtype
Single Family Residence
Zoning description
Commercial
Patio and Porch features
Porch
Fireplace
1
Basement
Full
Lot features
Plat
Directions
Benchwood Rd East of N. Dixie Dr.
Subdivision
530 Other Montgomery County
Standard status
Active
APN
A01003140138
Size
1,470 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Septic Tank
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Building Details
Year built
1958
Building materials
Brick
Architectural style
Ranch
Listing Agency:
Keller Williams Home Town Realty · Keller Williams Realty
(937) 890-9111
Listed By:
Timothy C. Stammen · License #0000193384
(937) 271-4608
Added: May 15
Changed: Sep 2
Last Checked: Sep 2 at 1:06PM
MLS# 1045698
Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This ranch-style property, located in Dayton, Ohio, is back on the market after a pending sale. The property has sustained plumbing damage, resulting in significant impact to the kitchen and basement areas. The lot size is 0.36 acres, and the property encompasses 1470 square feet. Interested parties are advised to contact the agent for detailed information prior to scheduling a showing. The property is located at 3291 Benchwood Road, Dayton, OH 45414.
Key Highlights
- Brick ranch home built in 1958
- Central air conditioning plus natural gas, hot water (heating)
- Fireplace included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,440
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 1,470 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.9K $18.96/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$26.3K $17.86/SF
− OpEx
−$11.8K −$8.04/SF
NOI
$14.4K $9.82/SF
Area
Dayton, OH
Vacancy
5.80%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Apartment 5plus
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$313.3K
$274.1K – $365.5K
NOI $21,930 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Explore this area
Business Placement
Demographics for 45414, OH
20,693
Population
10,283
Households
2
Avg Household Size
42
Median Age
26%
College-Educated
88%
High-School Grad
21.8 sq mi
ZIP Area
949
Density / Sq Mi
$53,824
Median Household Income
$40,629
Median Earnings
$867
Median Rent
$163,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Dayton ranch property with plumbing damage, needs repair.
Where is this single family property located?
The property is located at 3291 Benchwood Road Dayton, OH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Brick ranch home built in 1958; Central air conditioning plus natural gas, hot water (heating); Fireplace included
