For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Dayton Medical Office For Sale Title is generated by Realmo AI

    1735 Big Hill Rd, Dayton, OH

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Medical office building in Dayton, Ohio for sale.

    Type:OFFICE
    Property size:
    5,580 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $200/SF
    Added:
    Aug 3, 2023
    Days on Market:
    1051
    Last Refresh:
    May 20 at 8:24 pm

    Property Features for 1735 Big Hill Rd

    General Information

    Standard status
    Active
    Size
    5,580 SF
    Lot size
    0.32 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Dakota Lefker

    Listing agent Dakota Lefker

    Listing office Matthews Real Estate Investment Services

    Listing date Aug 3, 2023

    Source Moodyscre

    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 Matthews Real Estate Investment Services

    HighLights

    • Resilient healthcare tenant offers stability and investor confidence.
    • Prime location in Kettering, a top suburb within the strong Dayton metro area.
    • Strong Dayton economy benefiting from Wright‑Patterson Air Force Base, a major employer.
    • Leased to Dayton Internal Medicine, an established primary care provider known for quality patient care.
    • Healthcare real estate investment appeals to investors seeking stable assets.
    • Top Ohio market: Dayton is the 6th largest market in Ohio.

    Overview

    This healthcare real estate is located in Kettering, a suburb of Dayton, Ohio. Dayton is the sixth-largest market in Ohio and is home to Wright-Patterson Air Force Base, which employs over 32,000 citizens. The property is occupied by Dayton Internal Medicine, a primary care provider in the community. Healthcare tenants are valued by investors due to their resilience in the face of shifting market conditions and economic uncertainty. The building has a size of 5,580 square feet.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $120.5k $21.60
    − Vacancy −$12.1k −$2.16
    EGI $108.5k $19.44
    − OpEx −$43.4k −$7.78
    NOI $65.1k $11.66
    5,580 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $929.8K
    $813.6K – $1.08M (±1% cap)
    NOI $65,085 @ 7.0% cap · market cap 5.81%
    Second Best
    Office B
    $811.4K
    $710.0K – $946.7K (±1% cap)
    NOI $56,799 @ 7.0% cap · market cap 5.07%
    Theoretical Best
    Office A
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,245 @ 7.0% cap · market cap 7.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dix & Mobley Inc Law Firm Nwokoro Ugochukwu O ... Physician Dayton Internal Medicine Pharmacy Ugochukwu Nwokoro Physician Advance Clinical Research ... Research Institute

    Suggested Use

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

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

    Similar Places Nearby

    • Hills and Dales Veterinary Clinic — 3747 S Dixie Dr, Kettering, OH 45439

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.2017
    Latitude
    39.7012

    FAQs

    What type of property is this?
    Medical Office Space - Medical office building in Dayton, Ohio for sale.
    Where is this medical office space located?
    The property is located at 1735 Big Hill Rd Dayton, OH.
    What is the asking price?
    The asking price for this property is $1,120,000.
    What are key features of this property?
    This property features: Resilient healthcare tenant offers stability and investor confidence.; Prime location in Kettering, a top suburb within the strong Dayton metro area.; Strong Dayton economy benefiting from Wright‑Patterson Air Force Base, a major employer.
    (866) 889-0550 Call to check price and availability
    More about this property
    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