Add Listing
    For Lease
    • 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

    8963-8975 Kingsridge Dr Dayton, OH 45458

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space for lease near Dayton Mall in retail area.

    Property size:
    4,025 SF
    Lot size:
    1.19 Acres

    Property Features for 8963-8975 Kingsridge Dr

    General Information

    Size
    4,025 SF
    Lot size
    1.19 Acres

    We can help!

    Listing Contact
    Tim Albro
    Tim Albro
    Source: Moodyscre

    Listing Agency: Crest Commercial Realty Listing Agent: Tim Albro

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Kingsridge Drive Office Space Available

    This L-shaped building offers 19,120 square feet and is situated minutes from the Dayton Mall in a busy retail area. The location provides convenient parking and signage opportunities, with easy access and proximity to amenities. Nearby national retail tenants include Target, Walmart, and Hobby Lobby. Available units include 4,025 square feet of space currently occupied by Elegance in Dance.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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
    -84.2232088
    Latitude
    39.6313159

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      OH, Dayton - W 2nd St

      Discover many ways to work your way in Downtown
      40 2Nd St, Dayton, OH 45402
      View Details
    • Contact for pricing

      OH, Dayton - Washington Village Dr

      Discover many ways to work your way in San Antonio Airport
      8075 Washington Vlg Dr 1Rst, Dayton, OH 45458
      View Details
    • $13 SF/Yr

      Retail Space in Linden Heights

      2,200 sq ft retail space for lease.
      2915-B Linden Ave, Dayton, OH 45410
      View Details
    • $8 SF/Yr

      Watervliet Business District Retail/Office Space

      7,320 sq ft retail/office space in thriving business district.
      716 Watervliet Ave, Dayton, OH 45420
      View Details
    • $439,999
      13,939 SF

      Dayton Commercial Property with Apartment

      Commercial property for lease with garage doors, storage, and apartment.
      139 Auto Club Dr, Dayton, OH 45402
      View Details
    • $9 SF/Yr
      10,543 SF

      Trotwood Medical/Office Suites For Lease

      Move-in-ready medical/office suites with versatile spaces available for lease.
      4140 Salem Ave, Dayton, OH 45416
      View Details
    • $18 SF/Yr
      11,180 SF

      Former Retail Space on Main

      Former retail space with high visibility on North Main Street.
      4328 North Main St, Dayton, OH 45405
      View Details
    • $12 SF/Yr

      Dayton Office Space For Rent

      Office space available for lease in Dayton, Ohio.
      6680 Poe Ave, Dayton, OH 45414
      View Details
    • $16 SF/Yr
      2,277 SF

      Retail Space Near University

      Retail space in high-traffic corridor near University of Dayton.
      541 Wilmington Ave, Dayton, OH 45420
      View Details
    • $12 SF/Yr
      135,338 SF

      Office Building in Dayton, OH

      Office building with 135,338 square feet available for rent.
      130 West 2Nd St, Dayton, OH 45402
      View Details
    • $16 SF/Yr

      Downtown Dayton Restaurant with Patio

      Restaurant space with kitchen and patio in downtown Dayton.
      416 East 3Rd St, Dayton, OH 45402
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for lease near Dayton Mall in retail area.
    Where is this office units located?
    The property is located at 8963-8975 Kingsridge Dr Dayton, OH.
    What are key features of this property?
    This property features: - Excellent location minutes from the Dayton Mall.; - High-traffic retail area.; - Convenient parking.
    (937) 609-8071 Call to check price and availability
    Request Owner's contact information
    8963-8975 Kingsridge Dr Dayton, OH 45458
    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.
    8963-8975 Kingsridge Dr
    Dayton, OH 45458
    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
    8963-8975 Kingsridge Dr Dayton, OH 45458
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tim Albro
    Tim Albro
    Real Estate License ID: 0000349883
    (937) 609-8071 (937) 222-1600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!