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

    1765 N Broad St Fairborn, OH 45324

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $240,000

    94+ acres of industrial land for sale near I-70.

    Lot size:
    6.58 Acres

    Property Features for 1765 N Broad St

    General Information

    Lot size
    6.58 Acres

    We can help!

    Listing Contact
    Tim Albro
    Tim Albro
    Source: Moodyscre

    Listing Agent: Tim Albro

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

    Learn more

    Overview

    Industrial Land Near WPAFB

    This offering includes over 94 acres of industrial land available for sale, situated just minutes from WPAFB. The property consists of four parcels with utilities available. Zoned Light Industrial by the City of Fairborn, the location offers convenient access to major transportation routes, with the I-70 / I-675 Interchange approximately 1 mile away and the I-70 / I-75 Interchange about 10 miles away. Nearby companies include Waste Management, Pepsi, and CeMEX. The price listed is for the entire parcel, but each parcel is divisible. Individual parcels include approximately 6 acres, approximately 13 acres, approximately 20 acres, and approximately 55 acres.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairborn
    County
    Greene
    State
    Ohio
    Longitude
    -84.0005
    Latitude
    39.842194

    Nearby Similar for Sale

    • $624,999
      7,081 SF

      Fairborn Multifamily Investment Opportunity

      Two buildings with commercial space and residential units in Fairborn.
      226-230 N Broad St, Fairborn, OH 45324
      View Details
    • $320,000
      0.12 Acres

      Downtown Fairborn Commercial Opportunity

      Prime commercial property in downtown Fairborn with high visibility.
      138 N Broad St, Fairborn, OH 45324
      View Details
    • $895,000

      Downtown Fairborn Investment Opportunity

      Four leased units with one vacancy in downtown Fairborn.
      305 W Main St, Fairborn, OH 45324
      View Details
    • $329,900

      Updated Ranch Condo in Creekside

      Updated ranch condo with community amenities in a convenient location.
      7018 Creekside Cir, Fairborn, OH 45324
      View Details
    • $3,445,000
      14,490 SF

      NNN Lease Walgreens For Sale

      NNN lease property with corporate guarantee from Walgreen Co.
      182 E Dayton Yellow Springs Rd, Fairborn, OH 45324
      View Details
    • $395,000
      9,800 SF

      Downtown Retail Building For Sale

      Well-maintained retail building in a thriving downtown business district.
      W Main St, Fairborn, OH 45324
      View Details
    • $154,900
      1,800 SF

      Fairborn Flex Building For Sale

      1800 SF flex building with renovated office space.
      706 W Xenia Dr, Fairborn, OH 45324
      View Details
    • $899,000
      2,889 SF

      Restaurant with Drive-Thru For Sale

      2,889 SF restaurant with drive-thru on 0.95+/- acre lot.
      58-60 S Broad St, Fairborn, OH 45324
      View Details
    • $1,560,000
      15,600 SF

      Fairborn Two-Story Building For Sale

      15,600 SF building on 1.3 acres near I-675.
      600 E Dayton Yellow Springs Rd, Fairborn, OH 45324
      View Details
    • $694,998
      9,600 SF

      Fairborn Office Building For Sale

      Office building with convenient access and ample parking.
      1860 Successful Dr, Fairborn, OH 45324
      View Details
    • $440,000
      8,800 SF

      Downtown Fairborn Retail Building For Sale

      8,800 SF retail building with drive-thru in downtown Fairborn.
      125 W Main St, Fairborn, OH 45324
      View Details
    • Contact for pricing
      4,091 SF

      Fairborn Office Space Available

      Office space for sale in Fairborn, Ohio, 4091 square feet.
      1045 Channingway Dr, Fairborn, OH 45324
      View Details

    FAQs

    What type of property is this?
    Industrial land - 94+ acres of industrial land for sale near I-70.
    Where is this industrial land located?
    The property is located at 1765 N Broad St Fairborn, OH.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - 94+ acres total, divisible into 4 parcels, offering flexibility for development.; - Zoned Light Industrial, suitable for a variety of business uses.; - Excellent highway access: just 1 mile from I-70 / I-675 Interchange.
    (937) 609-8071
    Request Owner's contact information
    1765 N Broad St Fairborn, OH 45324
    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.
    1765 N Broad St
    Fairborn, OH 45324
    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
    1765 N Broad St Fairborn, OH 45324
    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
    Tim Albro
    Tim Albro
    (937) 609-8071
    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.