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

    1313 West Dorothy Ln Kettering, OH 45409

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

    Two-story office building with signage rights and ample parking.

    Property size:
    6,600 SF

    Property Features for 1313 West Dorothy Ln

    General Information

    Standard status
    Active
    Size
    6,600 SF

    We can help!

    Listing Contact
    Patrick Hewitt
    Patrick Hewitt
    Source: Cbre

    Listing Agency: CBRE | Dayton Listing Agent: Patrick Hewitt

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

    Learn more

    Overview

    Kettering Office Building For Sale

    This two-story office building offers 6,600 square feet of space with 3,150 square foot floor plates. The property features building signage and naming rights availability, along with ample parking at a ratio of 3.03 per 1,000 square feet. The existing second-generation space is wholly reusable, and existing furniture is negotiable. Immediate occupancy is available. The building provides an efficient layout suitable for traditional users and benefits from an abundance of natural light. High-speed data is available. The property is located in Dayton’s bustling South submarket with easy access to I-75, N Springboro Pike, and Far Hills Avenue. It is approximately 1 minute from Austin Landing, 4 minutes from Kettering Health Main Campus, 6 minutes from the University of Dayton, 10 minutes from Downtown Dayton, 11 minutes from The Greene, 20 minutes from Wright Patterson Air Force Base and Dayton International Airport, and 21 minutes from Wright State University. Access to Interstate 75 is approximately 2 minutes away.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kettering
    County
    Greene
    State
    Ohio
    Longitude
    -84.1976892
    Latitude
    39.7086086

    Nearby Similar for Sale

    • Contact for pricing
      4,017 SF

      Retail Space on Dorothy Lane

      Retail space with high visibility and traffic in Kettering, OH.
      2110 E Dorothy Ln, Kettering, OH 45419
      View Details
    • $199,900
      1,152 SF

      Kettering Commercial Property Sale

      Prime Retail Space, High Traffic Area
      2366 Dixie Dr, Kettering, OH 45409
      View Details
    • Contact for pricing
      1,925 SF

      Kettering Office Condo For Rent

      First-floor office condo with versatile layout in Kettering business corridor.
      5600 Kentshire Dr, Kettering, OH
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Kettering, OH

      Retail space available with high visibility and established tenants.
      1906-1926 E Whipp Rd, Kettering, OH
      View Details
    • $375,000
      3,110 SF

      Kettering Executive Office Condo

      Class A Office, 3110 SF, $375K
      3075 Pl Blvd, Kettering, OH 45409
      View Details
    • Contact for pricing
      47,000 SF

      Large Manufacturing Building For Sale

      1.1M SF manufacturing building with expansion potential on large site.
      2555 Woodman Dr, Kettering, OH 45420
      View Details
    • Contact for pricing
      6,600 SF

      Office Space with Ample Parking

      6,600 SF Office Space, Prime Location
      1313 W Dorothy Ln, Kettering, OH 45409
      View Details
    • $2,200,000
      13,231 SF

      Kettering Office Building For Rent

      Office building with 12,800 square feet available for rent.
      1785 Woodman Dr, Kettering, OH 45431
      View Details
    • Contact for pricing
      4,659 SF

      Class A Office Space Available

      Class A Office, 4659 SF, NNN Lease
      3075 Governors Place Blvd, Kettering, OH 45409
      View Details
    • Contact for pricing
      6,600 SF

      Prime Kettering Office Building

      6,600 SF Office Space - Immediate Occupancy
      1313 W Dorothy Ln, Kettering, OH 45409
      View Details
    • Contact for pricing
      38,844 SF

      Retail Space on Dixie Highway

      High-traffic storefront, 38,844 sq ft.
      2671 Dixie Hwy, Kettering, OH 45409
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office building with signage rights and ample parking.
    Where is this office building located?
    The property is located at 1313 West Dorothy Ln Kettering, OH.
    What are key features of this property?
    This property features: - Immediate occupancy and wholly reusable 2nd generation space with negotiable existing furniture.; - Ample parking with a ratio of 3.03/1,000 SF.; - Easy access to I-75, N Springboro Pike & Far Hills Avenue.
    (937) 641-0419
    Request Owner's contact information
    1313 West Dorothy Ln Kettering, OH 45409
    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.
    1313 West Dorothy Ln
    Kettering, OH 45409
    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
    1313 West Dorothy Ln Kettering, OH 45409
    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
    Patrick Hewitt
    Patrick Hewitt
    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!