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Professional Office Building
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
Listed By: Anthony Vanjohnson
Added: Sep 12 Changed: Oct 29 Last Checked: Oct 31 at 3:06PM
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.

Rey
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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.

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 (±1% cap)
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 (±1% cap)
NOI $43,920 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Illumiza Landscaping

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Building Supply Storage Facility Parking Lot & Garage Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

858
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

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
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