Two-Story Auto Service
200 East 3rd Street, Dayton, OH 45402
For Sale
Contact for pricing
Showroom space, a customer waiting area, elevator access and multiple overhead doors support automotive service operations.
Property Size14,097 SF
Price / SF$106.41
Days on Market21
Property Features for 200 East 3rd Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Utilities to Site
Mixed-Use Components
Additional Details
Automotive Uses
Real Estate Included
Amenities
showroom
customer waiting area
elevator
multiple stairways
seven overhead doors
800-amp 3-phase power
Building Details
Buildings
Stories
Listing Agency:
CBRE - Dayton
Listed By:
Matthew Arnovitz · License #000319563
(937) 226-1550
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 2:34PM
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 CBRE - Dayton
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Investment Insights
Based on property information with market context.
This two-story auto service property contains approximately 14,097 SF, including a showroom and customer waiting area. The upper level is accessible by elevator and multiple stairways, and seven overhead doors serve the building. Electrical service is 800-amp, 3-phase, with 30 on-site parking spaces.
The property is located at 200 East 3rd Street in Dayton, Ohio.
The property is located at 200 East 3rd Street in Dayton, Ohio.
Key Highlights
- Approximately 14,097 SF across two stories
- Showroom and customer waiting area
- Seven overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,004
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,660,080
$2.7M
Cap Rate 7%
$1,900,057
$1.9M
Cap Rate 9%
$1,477,822
$1.5M
Market Conditions
NOI Build-Up for 14,097 SF
Gross rent
$203.0K $14.40/SF
− Vacancy
−$13.0K −$0.92/SF
EGI
$190.0K $13.48/SF
− OpEx
−$57.0K −$4.04/SF
NOI
$133.0K $9.43/SF
Area
Dayton, OH
Vacancy
6.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,660,080
Cap Rate 7%
$1,900,057
Cap Rate 9%
$1,477,822
Alternative Uses
Best Use
Retail
$1.90M
$1.66M – $2.22M
NOI $133,004 @ 7.0% cap · market cap 8.87%
Second Best
Industrial
$1.80M
$1.57M – $2.09M
NOI $125,697 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$3.00M
$2.63M – $3.51M
NOI $210,305 @ 7.0% cap · market cap 14.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,098
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45402, OH
10,735
Population
6,484
Households
1.7
Avg Household Size
37
Median Age
30%
College-Educated
88%
High-School Grad
4.4 sq mi
ZIP Area
2,440
Density / Sq Mi
$45,386
Median Household Income
$40,396
Median Earnings
$921
Median Rent
$105,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Dayton, OH
Similar Off Market Nearby
- Dayton Auto Recovery — 139 Auto Club Dr, Dayton, OH 45402
- Anchor Towing Services Co. — 725 S Ludlow St, Dayton, OH 45402, United States
- Wayne Tire Center — 1247 Wayne Ave, Dayton, OH 45410
- Carl's Body Shop & Towing — 1120 Wayne Ave, Dayton, OH 45410
- Tune-Up Service — 410 s ludlow st, dayton, oh 45402
Frequently Asked Questions
What type of property is this?
Auto shop - Showroom space, a customer waiting area, elevator access and multiple overhead doors support automotive service operations.
Where is this auto shop located?
The property is located at 200 East 3rd Street Dayton, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 14,097 SF across two stories; Showroom and customer waiting area; Seven overhead doors
