Office Building with Classified
For Sale
Contact for pricing
1130 Channingway Dr, Fairborn, OH 45324
A dedicated classified workspace complements private offices, open work areas, and shared employee amenities.
Property Size7,500 SF
Lot Size1.49 Acres
Price / SF$161.99
Days on Market11
Property Features for 1130 Channingway Dr
General Information
Standard status
Active
Size
7,500 SF
Total Parking Spaces
35
Lot size
1.49 Acres
Property subtype
OFFICE
Additional Details
Asking Price
$1,200,000
Highway Access
Yes
Amenities
covered outdoor patio with picnic area
secure entry
full kitchen
break area
large conference room
Building Details
Year Built
2004
Buildings
1
Stories
1
Building Size
7,500 SF
Construction
brick
Listing Agency:
KW Commercial Community Partners
(937) 530-4094
Listed By:
Greg Blatt
(937) 657-2876
Source:
Moodyscre
Added: Oct 5
Changed: Oct 15
Last Checked: Oct 15 at 2:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Community Partners
Investment Insights
Based on property information with market context.
This single-story office facility was constructed in 2004 on a 1.49-acre site. Its layout combines private offices and open work areas with a large conference room, reception area, full kitchen, and break space. An approximately 1,000-square-foot Classified Closed Area was built to DCSA standards, and the building has secure entry capability. Brick exterior walls with a stucco-style upper finish complete the building’s professional appearance.
The property is within Channingway Business Park in Fairborn, minutes from Wright-Patterson Air Force Base. I-675, SR-444, and US-35 provide connections to Beavercreek, Dayton, and the wider Miami Valley. Wright State University and hotels, restaurants, and retail services along Dayton-Yellow Springs Road and Colonel Glenn Highway are nearby.
On-site amenities include approximately 35 parking spaces and a covered patio with a picnic area. The entire building is offered for sale or as a single-tenant lease.
The property is within Channingway Business Park in Fairborn, minutes from Wright-Patterson Air Force Base. I-675, SR-444, and US-35 provide connections to Beavercreek, Dayton, and the wider Miami Valley. Wright State University and hotels, restaurants, and retail services along Dayton-Yellow Springs Road and Colonel Glenn Highway are nearby.
On-site amenities include approximately 35 parking spaces and a covered patio with a picnic area. The entire building is offered for sale or as a single-tenant lease.
Key Highlights
- Approximately 1,000‑square‑foot Classified Closed Area built to DCSA standards
- Single‑story office building constructed in 2004 on 1.49 acres
- Private offices, open work areas, conference room, reception, kitchen, and break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,503
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,950,060
$2.0M
Cap Rate 7%
$1,392,900
$1.4M
Cap Rate 9%
$1,083,367
$1.1M
Market Conditions
NOI Build-Up for 7,408 SF
Gross rent
$159.1K $21.48/SF
− Vacancy
−$29.1K −$3.93/SF
EGI
$130.0K $17.55/SF
− OpEx
−$32.5K −$4.39/SF
NOI
$97.5K $13.16/SF
Area
Greene County, OH
Vacancy
18.30%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,950,060
Cap Rate 7%
$1,392,900
Cap Rate 9%
$1,083,367
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.63M
NOI $97,503 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 45324, OH
40,449
Population
19,729
Households
2.1
Avg Household Size
34
Median Age
30%
College-Educated
92%
High-School Grad
33.1 sq mi
ZIP Area
1,222
Density / Sq Mi
$59,861
Median Household Income
$37,348
Median Earnings
$989
Median Rent
$177,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - A dedicated classified workspace complements private offices, open work areas, and shared employee amenities.
Where is this office building located?
The property is located at 1130 Channingway Dr Fairborn, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Approximately 1,000‑square‑foot Classified Closed Area built to DCSA standards; Single‑story office building constructed in 2004 on 1.49 acres; Private offices, open work areas, conference room, reception, kitchen, and break area
