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Flex Space with Warehouse
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2315 Stanley Ave, Dayton, OH 45404

Office and warehouse areas, security cameras, and a rear grade-level door support flexible commercial operations.

Property Size3,204 SF
Lot Size0.38 Acres
Price / SF$132.65
Days on Market3

Property Features for 2315 Stanley Ave

General Information

Standard status Active
Size 3,204 SF
Lot size 0.38 Acres
Property subtype FLEX_R_AND_D

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 12 ft
Warehouse Space 924 SF
Office Build-Out 2,280 SF
Drive-In Doors 1
Three-Phase Power Yes

Amenities

security cameras
break area
shower
water filter system

Building Details

Year Built 1963
Year Renovated 2019
Building Size 3,204 SF
Listing Agency: Equity | Dayton
Listed By: Tracey Herron · License #SAL.0000446465
Source: Moodyscre
Added: Aug 3 Changed: Aug 5 Last Checked: Aug 5 at 1:25PM

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 Equity | Dayton

Investment Insights

Based on property information with market context.

This 3,204-square-foot flex property combines 2,280 square feet of office space with a 924-square-foot rear warehouse area that can be expanded for additional warehouse use. The building includes two restrooms, a break area, a shower, a water filter system, security cameras, and one rear grade-level garage door. Office ceilings measure 8 feet, while the warehouse ranges from 10 to 12 feet. Three-phase power supports commercial and light industrial functions.

Constructed in 1963 on 0.384 acres, the property received a new roof on 12/31/2019 with a 20-year warranty. It is located at 2315 Stanley Ave in Dayton, Ohio, one mile from I-75 at Stanley Avenue Exit 56 and one-quarter mile from S.R. 4. A lighted building sign with a timer provides identification along Stanley Avenue.

Key Highlights

  • 3,204 SF flex property on 0.384 acres
  • 2,280 SF office area plus 924 SF rear warehouse
  • Rear warehouse can be expanded for additional warehouse use

Financial Insights For Warehouse

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 $42.3k $13.20
− Vacancy −$1.5k −$0.46
EGI $40.8k $12.74
− OpEx −$6.1k −$1.91
NOI $34.7k $10.83
3,204 SF · lease $13.20/SF/yr · vacancy 3.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$495.6K
$433.6K – $578.2K (±1% cap)
NOI $34,691 @ 7.0% cap · market cap 8.16%
Second Best
Flex RnD
$474.8K
$415.5K – $554.0K (±1% cap)
NOI $33,238 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$682.8K
$597.5K – $796.7K (±1% cap)
NOI $47,799 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Serenity Home Healthcare ... Home Health Care Service

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby
Under-served
Demand for This Use

Demographics for 45404, OH

10,730
Population
4,846
Households
2.2
Avg Household Size
35
Median Age
9%
College-Educated
84%
High-School Grad
7.6 sq mi
ZIP Area
1,412
Density / Sq Mi
$35,286
Median Household Income
$22,529
Median Earnings
$871
Median Rent
$82,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas, security cameras, and a rear grade-level door support flexible commercial operations.
Where is this flex space located?
The property is located at 2315 Stanley Ave Dayton, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,204 SF flex property on 0.384 acres; 2,280 SF office area plus 924 SF rear warehouse; Rear warehouse can be expanded for additional warehouse use
(937) 216-4636 Call to check price and availability
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