B-2 Office
For Sale
Contact for pricing
325 Regency Ridge Dr, Dayton, OH 45459
Professional office condominium in Washington Township with dedicated surface parking and access to established South Dayton commercial corridors.
Property Size1,605 SF
Price / SF$118.38
Days on Market192
Property Features for 325 Regency Ridge Dr
General Information
Standard status
Active
Size
1,605 SF
Class
B
Total Parking Spaces
55
Property subtype
Mixed Use, Office
Zoning
B-2
Additional Details
HOA Fee
$257.66
Highway Access
Yes
Building Details
Year Built
1986
Buildings
1
Stories
2
Units
1
Listing Agency:
Bill Lee & Associates
(937) 900-8099
Listed By:
Erich Schubert · License #OH SAL.2021004057
Source:
Crexi
Added: Feb 19
Changed: Aug 30
Last Checked: Mar 26 at 12:33AM
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 Bill Lee & Associates
Investment Insights
Based on property information with market context.
This 1,605 SF office condominium offers a professional setting for business, commercial, and office-oriented operations. The suite includes two bathrooms and is supported by 55 dedicated surface parking spaces. Its B-2 zoning and condominium declaration identify business, commercial, and professional office use, with stated compatibility for medical, therapy, counseling, accounting, legal, financial, consulting, wellness, and related office-based services.
The property is located at 325 Regency Ridge Dr in Washington Township, Dayton, Ohio. Regional connectivity is provided by proximity to I-675 and nearby arterial corridors, while the SR-725 area offers restaurants, banking, shopping, fitness, and other services. Austin Landing and downtown Dayton are also identified as nearby destinations. The offering is being sold as-is through a Chapter 7 Trustee, with Bankruptcy Court approval required before the transaction becomes final.
The property is located at 325 Regency Ridge Dr in Washington Township, Dayton, Ohio. Regional connectivity is provided by proximity to I-675 and nearby arterial corridors, while the SR-725 area offers restaurants, banking, shopping, fitness, and other services. Austin Landing and downtown Dayton are also identified as nearby destinations. The offering is being sold as-is through a Chapter 7 Trustee, with Bankruptcy Court approval required before the transaction becomes final.
Key Highlights
- 1,605 SF office condominium in Washington Township
- B‑2 zoning with business, commercial, and professional office use
- Two bathrooms within the office suite
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
$16,337
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
8.60%
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%
$326,740
$326.7K
Cap Rate 7%
$233,386
$233.4K
Cap Rate 9%
$181,522
$181.5K
Market Conditions
NOI Build-Up for 1,605 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
$27.9K $17.40/SF
− Vacancy
−$6.1K −$3.83/SF
EGI
$21.8K $13.57/SF
− OpEx
−$5.4K −$3.39/SF
NOI
$16.3K $10.18/SF
Area
Dayton, OH
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
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%
$326,740
Cap Rate 7%
$233,386
Cap Rate 9%
$181,522
Alternative Uses
Best Use
Healthcare Medical
$267.4K
$234.0K – $312.0K
NOI $18,721 @ 7.0% cap · market cap 9.85%
Second Best
Office B
$233.4K
$204.2K – $272.3K
NOI $16,337 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$342.1K
$299.3K – $399.1K
NOI $23,944 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
Demographics for 45459, OH
28,344
Population
13,988
Households
2
Avg Household Size
50
Median Age
50%
College-Educated
98%
High-School Grad
14.2 sq mi
ZIP Area
1,996
Density / Sq Mi
$89,144
Median Household Income
$54,044
Median Earnings
$1,187
Median Rent
$276,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office condominium in Washington Township with dedicated surface parking and access to established South Dayton commercial corridors.
Where is this office units located?
The property is located at 325 Regency Ridge Dr Dayton, OH.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 1,605 SF office condominium in Washington Township; B‑2 zoning with business, commercial, and professional office use; Two bathrooms within the office suite
