Office Condominium with Private
For Sale
Contact for pricing
860 E Franklin St, Dayton, OH 45459
The layout includes a reception area, conference room, break room, restroom, and dedicated file and storage rooms.
Property Size1,200 SF
Price / SF$120.83
Days on Market9
Property Features for 860 E Franklin St
General Information
Standard status
Active
Size
1,200 SF
Property subtype
OFFICE
Listing Agency:
Howard Hanna Real Estate Services
(937) 433-1776
Listed By:
Rob Anderson
Source:
Moodyscre
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 14 at 11:53PM
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 Howard Hanna Real Estate Services
Investment Insights
Based on property information with market context.
This 1,200-square-foot office condominium at 860 E Franklin St is arranged around an entry and reception area, with three private offices and a conference room. A break room, restroom, and separate file and storage rooms complete the interior. Neutral paint, plank-style flooring, and recessed lighting finish the space.
Key Highlights
- 1,200‑square‑foot office condominium
- Three private offices and a conference room
- Reception area, break room, restroom, and separate file and storage rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,215
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,300
$244.3K
Cap Rate 7%
$174,500
$174.5K
Cap Rate 9%
$135,722
$135.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$20.9K $17.40/SF
− Vacancy
−$4.6K −$3.83/SF
EGI
$16.3K $13.57/SF
− OpEx
−$4.1K −$3.39/SF
NOI
$12.2K $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%
$244,300
Cap Rate 7%
$174,500
Cap Rate 9%
$135,722
Alternative Uses
Best Use
Office B
$174.5K
$152.7K – $203.6K
NOI $12,215 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$255.7K
$223.8K – $298.4K
NOI $17,902 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
417
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - The layout includes a reception area, conference room, break room, restroom, and dedicated file and storage rooms.
Where is this office units located?
The property is located at 860 E Franklin St Dayton, OH.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 1,200‑square‑foot office condominium; Three private offices and a conference room; Reception area, break room, restroom, and separate file and storage rooms
