Flex Space with
For Sale
Contact for pricing
2315 Stanley Avenue, 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$117.04
Days on Market92
Property Features for 2315 Stanley Avenue
General Information
Standard status
Active
Size
3,204 SF
Lot size
0.38 Acres
Property subtype
Industrial
Site & Location
Neighborhood
Old North Dayton
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
Stories
1
Building Size
3,204 SF
Listing Agency:
Equity LLC Dayton
Listed By:
Tracey Herron · License #OH SAL.0000446465
(937) 216-4636
Source:
Crexi
Added: Aug 1
Changed: Oct 25
Last Checked: Oct 30 at 11:57AM
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 LLC Dayton
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$33,238
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,760
$664.8K
Cap Rate 7%
$474,829
$474.8K
Cap Rate 9%
$369,311
$369.3K
Market Conditions
NOI Build-Up for 3,204 SF
Gross rent
$53.8K $16.80/SF
− Vacancy
−$2.7K −$0.84/SF
EGI
$51.1K $15.96/SF
− OpEx
−$17.9K −$5.59/SF
NOI
$33.2K $10.37/SF
Area
Dayton, OH
Vacancy
5.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,760
Cap Rate 7%
$474,829
Cap Rate 9%
$369,311
Alternative Uses
Best Use
Warehouse
$495.6K
$433.6K – $578.2K
NOI $34,691 @ 7.0% cap · market cap 9.25%
Second Best
Flex RnD
$474.8K
$415.5K – $554.0K
NOI $33,238 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$682.8K
$597.5K – $796.7K
NOI $47,799 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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
434
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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 Avenue Dayton, OH.
What is the asking price?
The asking price for this property is $375,000.
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
