Warehouse and Office Flex
For Sale
Contact for pricing
3001 W Tech Blvd, Miamisburg, OH 45342
Flex warehouse with 25’–30’ clear height, four docks, and a fully air-conditioned office component.
Property Size72,357 SF
Price / SF$69.10
Days on Market122
Property Features for 3001 W Tech Blvd
General Information
Standard status
Active
Size
72,357 SF
Property subtype
INDUSTRIAL
Listing Agency:
JLL | Cincinnati
(513) 241-4600
Listed By:
Joshua Gerth · License #SAL.0000444280
(513) 252-2178
Source:
Moodyscre
Added: May 14
Changed: Aug 8
Last Checked: Sep 11 at 5:58AM
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 JLL | Cincinnati
Investment Insights
Based on property information with market context.
This flex warehouse and office facility totals 72,357± square feet on 4.695± acres and was originally built in 2001 for multiple users, with capacity for up to four. The property includes professional office space featuring conference and training rooms, along with warehouse improvements designed for distribution and operations. Warehouse clear height is 25’–30’, supported by four docks sized 12’ x 14’ and four drive-in doors.
The facility offers 2000 amps, 480-volt, 3-phase power and is fully air conditioned. The property is located at 3001 W Tech Blvd, Miamisburg, OH 45342.
From a tenant-fit perspective, the combination of dedicated office training/conference space and a higher-clear warehouse configuration makes the building suitable for users needing both operational and professional space within the same footprint.
The facility offers 2000 amps, 480-volt, 3-phase power and is fully air conditioned. The property is located at 3001 W Tech Blvd, Miamisburg, OH 45342.
From a tenant-fit perspective, the combination of dedicated office training/conference space and a higher-clear warehouse configuration makes the building suitable for users needing both operational and professional space within the same footprint.
Key Highlights
- 72,357± SF total on 4.695± acres
- Flex warehouse space with 25’–30’ clear height
- Warehouse has 4 dock doors (12’ x 14) and 4 drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$381,163
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,623,260
$7.6M
Cap Rate 7%
$5,445,186
$5.4M
Cap Rate 9%
$4,235,144
$4.2M
Market Conditions
NOI Build-Up for 72,357 SF
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.
Gross rent
$581.8K $8.04/SF
− Vacancy
−$37.2K −$0.51/SF
EGI
$544.5K $7.53/SF
− OpEx
−$163.4K −$2.26/SF
NOI
$381.2K $5.27/SF
Area
Montgomery County, OH
Vacancy
6.40%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,623,260
Cap Rate 7%
$5,445,186
Cap Rate 9%
$4,235,144
Alternative Uses
Best Use
Flex RnD
$9.43M
$8.25M – $11.00M
NOI $660,183 @ 7.0% cap · market cap 13.20%
Second Best
Office B
$8.52M
$7.46M – $9.94M
NOI $596,430 @ 7.0% cap · market cap 11.93%
Theoretical Best
Multifamily LT 5
$684.36M
$598.81M – $798.42M
NOI $47,905,182 @ 7.0% cap · market cap 958.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45342, OH
37,508
Population
15,818
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
94%
High-School Grad
34.3 sq mi
ZIP Area
1,094
Density / Sq Mi
$83,936
Median Household Income
$48,533
Median Earnings
$1,247
Median Rent
$206,800
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
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse with 25’–30’ clear height, four docks, and a fully air-conditioned office component.
Where is this flex space located?
The property is located at 3001 W Tech Blvd Miamisburg, OH.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 72,357± SF total on 4.695± acres; Flex warehouse space with 25’–30’ clear height; Warehouse has 4 dock doors (12’ x 14) and 4 drive‑in doors
