Bank Building with
New
For Sale
$320,000
1341 Wayne St, Troy, OH 45373
Separately conditioned sides, each with a restroom and water heater, support a two-tenant configuration.
Property Size2,260 SF
Price / SF$141.59
Days on Market7
Property Features for 1341 Wayne St
General Information
Standard status
Active
Size
2,260 SF
Property subtype
Retail
Additional Details
Asking Price
$320,000
Amenities
kitchenette
fenced yard
drive through
vault
monument signage
Building Details
Building Size
2,260 SF
Year Built
1987
Buildings
1
Abandoned
No
Listing Agency:
NAI Bergman
Listed By:
Scott Kaster · License #OH #SAL.2009000788
(937) 673-4366
Source:
Naiglobal
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 14 at 9:06PM
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 NAI Bergman
Investment Insights
Based on property information with market context.
The 2,260-SF bank building in Troy, Ohio, was constructed in 1987 and has a roof installed in 2023. Its interior includes a large entry area with partitions, three enclosed offices, two partial-height offices, a teller station, and a rear kitchenette and break room. A small vault and bank equipment remain in place. The property is currently used as a pet acupuncture office.
A drive-through remains installed, along with monument signage and ample parking. The building’s two sides are separately conditioned and each has a restroom and its own water heater, providing a basis for separate occupancy.
A drive-through remains installed, along with monument signage and ample parking. The building’s two sides are separately conditioned and each has a restroom and its own water heater, providing a basis for separate occupancy.
Key Highlights
- 2,260 SF bank building, constructed in 1987
- Roof installed in 2023
- Drive‑through and bank equipment remain in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,305
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,100
$506.1K
Cap Rate 7%
$361,500
$361.5K
Cap Rate 9%
$281,167
$281.2K
Market Conditions
NOI Build-Up for 2,260 SF
Gross rent
$35.3K $15.60/SF
− Vacancy
−$1.5K −$0.67/SF
EGI
$33.7K $14.93/SF
− OpEx
−$8.4K −$3.73/SF
NOI
$25.3K $11.20/SF
Area
Miami County, OH
Vacancy
4.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,100
Cap Rate 7%
$361,500
Cap Rate 9%
$281,167
Alternative Uses
Best Use
Specialty Retail
$361.5K
$316.3K – $421.8K
NOI $25,305 @ 7.0% cap · market cap 7.91%
Second Best
Retail
$304.6K
$266.5K – $355.4K
NOI $21,323 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$460.6K
$403.0K – $537.4K
NOI $32,242 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 62%
Shops & Services 31%
Dining 3%
Electronics 3%
Kroger
Groceries
65,160 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
17,178 visits/mo
0.4 miles
Dollar General
Shops & Services
7,848 visits/mo
0.4 miles
Sunoco
Shops & Services
4,190 visits/mo
0.5 miles
Fifth Third Bank & ATM
Shops & Services
3,913 visits/mo
0.5 miles
Demographics for 45373, OH
36,863
Population
15,691
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
93%
High-School Grad
87.7 sq mi
ZIP Area
420
Density / Sq Mi
$78,278
Median Household Income
$47,859
Median Earnings
$933
Median Rent
$234,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - Separately conditioned sides, each with a restroom and water heater, support a two-tenant configuration.
Where is this bank located?
The property is located at 1341 Wayne St Troy, OH.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,260 SF bank building, constructed in 1987; Roof installed in 2023; Drive‑through and bank equipment remain in place
