Professional Office
For Sale
$409,000
7385 Far Hills Avenue, Dayton, OH 45459
Commercial Sale, Washington Twp, OH
Property Size2,944 SF
Lot Size0.43 Acres
Price / SF$138.93
Days on Market50
Property Features for 7385 Far Hills Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Corner of N Main St and Williamsburg Ln
Subdivision
Montgomery-E30
Standard status
Active
APN
O67-03707-0040
Size
2,944 SF
Lot size
0.43 Acres
Additional Details
Property Use
Office
Utilities
Heating system
Natural Gas, Forced Air
Building Details
Year built
1954
Flooring type
Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Anthony Vanjohnson
(866) 212-4991
Added: Sep 12
Changed: Oct 29
Last Checked: Oct 31 at 6:06PM
MLS# 1893753
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 7385 Far Hills Avenue in Washington Township, this 2,944-square-foot office property occupies a 0.434-acre parcel. Built in 1954, the building has brick construction, vinyl flooring, and a shingle roof. Heating is provided by a forced-air system using natural gas.
The office layout is described as versatile, with potential applications for professional service businesses, including legal, financial, insurance, consulting, medical, wellness, and real estate practices.
The office layout is described as versatile, with potential applications for professional service businesses, including legal, financial, insurance, consulting, medical, wellness, and real estate practices.
Key Highlights
- 2,944‑square‑foot professional office building
- 0.434‑acre parcel
- Brick construction with vinyl flooring and a shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,967
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,340
$599.3K
Cap Rate 7%
$428,100
$428.1K
Cap Rate 9%
$332,967
$333.0K
Market Conditions
NOI Build-Up for 2,944 SF
Gross rent
$51.2K $17.40/SF
− Vacancy
−$11.3K −$3.83/SF
EGI
$40.0K $13.57/SF
− OpEx
−$10.0K −$3.39/SF
NOI
$30.0K $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 Rate 5%
$599,340
Cap Rate 7%
$428,100
Cap Rate 9%
$332,967
Alternative Uses
Best Use
Office B
$428.1K
$374.6K – $499.5K
NOI $29,967 @ 7.0% cap · market cap 7.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$627.4K
$549.0K – $732.0K
NOI $43,920 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
858
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A professional office property suited to a range of service businesses.
Where is this office building located?
The property is located at 7385 Far Hills Avenue Dayton, OH.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: 2,944‑square‑foot professional office building; 0.434‑acre parcel; Brick construction with vinyl flooring and a shingle roof
