Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1001 Harvard Blvd Dayton, OH 45406

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,850,000

    43,204 SF facility on 4.38 acres near Downtown Dayton.

    We can help!

    Listing Contact
    Scott Kaster
    Scott Kaster
    Source: Naiglobal

    Listing Agent: Scott Kaster

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

    Learn more

    Overview

    Unique Facility Near Downtown Dayton

    This unique 43,204 square foot facility is situated on 4.38 acres, located just 0.5 miles from Downtown Dayton and I-75. It features a large sanctuary with a mezzanine and stage, multiple offices, and large training/meeting rooms. A separate daycare building includes 12 classrooms. Adjacent to the daycare building is a large gym equipped with basketball hoops and accordion curtains. A large commercial kitchen is located just off of the gym. The sanctuary features stained glass windows throughout.
    Location Intelligence

    Current Use by Public Records

    Battle For Your Life ... Counselor Dayton Cooks Training Center Grace Urban Development Charitable Organization Grace: A United Methodist ... Church YMCA Early Childhood ... Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.2153124
    Latitude
    39.7726482

    Nearby Similar for Sale

    • $475,000
      Pending

      Dayton Commercial Garage with Bays

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

      Dayton Auto Repair Garage

      Vacant auto repair garage on a corner lot.
      501 E Trotwood Blvd, Dayton, OH 45426
      View Details
    • $1,300,000
      14,800 SF

      Turnkey Restaurant and Event Space

      Freestanding restaurant and event space in Downtown Dayton.
      135 E 2Nd St, Dayton, OH 45402
      View Details
    • $550,000
      Pending

      Dayton Industrial Building For Sale

      Industrial building with offices, workshop, and crane potential.
      1889 Radio Rd, Dayton, OH 45431
      View Details
    • $450,000
      Pending

      Dayton Industrial Building For Sale

      Industrial building with offices, workshop, and high ceilings.
      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
    • New
      $75,000
      Pending

      Dayton Duplex Investment Opportunity

      2,464 sq ft duplex near downtown Dayton.
      249-251 Lexington Ave, Dayton, OH 45402
      View Details
    • $95,000
      1,246 SF

      Dayton Duplex with Renovated Unit

      Well-maintained Dayton duplex with renovated unit and detached garage.
      716 W Fairview Ave, Dayton, OH 45406
      View Details
    • $125,000
      2,436 SF

      Dayton Duplex with Income Potential

      Solid duplex with opportunity to increase rents.
      466 Allwen Dr, Dayton, OH 45406
      View Details
    • $297,900
      3,392 SF

      Stately Duplex in South Park

      Charming duplex in Dayton's historic South Park district.
      229-227 James St, Dayton, OH 45410
      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
    • $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

    FAQs

    What type of property is this?
    Church & religious facility - 43,204 SF facility on 4.38 acres near Downtown Dayton.
    Where is this church & religious facility located?
    The property is located at 1001 Harvard Blvd Dayton, OH.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - 43,204 SF facility on 4.38 acres provides substantial space and land; - Includes a **large sanctuary with mezz and stage**, offering a unique and versatile space; - Features a **daycare building with 12 classrooms and a separate entrance**, ideal for childcare services
    (937) 673-4366
    Request Owner's contact information
    1001 Harvard Blvd Dayton, OH 45406
    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.
    1001 Harvard Blvd
    Dayton, OH 45406
    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
    1001 Harvard Blvd Dayton, OH 45406
    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
    Scott Kaster
    Scott Kaster
    Real Estate License ID: #SAL.2009000788
    (937) 673-4366 (937) 294-7777
    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!