Spring Valley Industrial
For Sale
$945,000
2408 Darnell Drive, Spring Valley, OH 45370
Industrial property available for sale in Spring Valley, Ohio.
Property Size13,500 SF
Price / SF$70
Days on Market107
Property Features for 2408 Darnell Drive
General Information
Standard status
Active
Size
13,500 SF
Property subtype
Industrial
Listing Agency:
CBRE | Dayton
(937) 641-0419
Listed By:
Patrick Hewitt
(937) 641-0419
Source:
Cbre
Added: Apr 15
Changed: Jul 10
Last Checked: Jul 30 at 3:20AM
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
Investment Insights
Based on property information with market context.
This industrial property, located in Spring Valley, Ohio, offers a total area of 13,500 square feet. The property is available for sale.
Key Highlights
- Industrial property available for sale.
- Located in Spring Valley, Ohio.
- (Further details needed to determine remaining selling points)
Financial Insights For Industrial
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 | $128.0k | $9.48 |
| − Vacancy | −$8.7k | −$0.64 |
| EGI | $119.3k | $8.84 |
| − OpEx | −$35.8k | −$2.65 |
| NOI | $83.5k | $6.18 |
13,500 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.19M
$1.04M – $1.39M
NOI $83,494 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$2.54M
$2.22M – $2.96M
NOI $177,685 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 45370, OH
2,379
Population
1,009
Households
2.4
Avg Household Size
48
Median Age
41%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
142
Density / Sq Mi
$105,625
Median Household Income
$48,914
Median Earnings
$937
Median Rent
$318,500
Median Home Value
Market
Properties on Market for Industrial properties in Greene County
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property available for sale in Spring Valley, Ohio.
Where is this industrial property located?
The property is located at 2408 Darnell Drive Spring Valley, OH.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Industrial property available for sale.; Located in Spring Valley, Ohio.; (Further details needed to determine remaining selling points)
