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    5692 Far Hills Ave Dayton, OH 45429

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Dayton location, multiple suites available.

    Lot size:
    19,024 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional medical office building, located at 5692 Far Hills Avenue in Dayton, Ohio, presents a unique investment opportunity. The property boasts a total of 19,024 square feet across two, two-story buildings situated on a generous 2.61-acre lot. Built in 1980 and renovated in 1992, the Class B building offers multiple tenancy options, with spaces ranging from a minimum of 1,623 square feet to a maximum contiguous space of 2,473 square feet. Currently, there are 6,356 square feet of vacant space available, ideal for expanding practices or new tenants seeking a prominent Dayton location. The property's address is 5692 Far Hills Ave, Dayton, OH 45429, and its Montgomery County location provides excellent access to major roadways and a thriving medical community. The property's APN is O67-03709-0222. This is an excellent opportunity to acquire a well-maintained medical office building with significant potential for growth and income generation. The property's size and layout offer flexibility for a variety of medical practices or office uses. Don't miss this chance to secure a prime location in a desirable market.

    Property Features for 5692 Far Hills Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,024 SF
    Class
    B
    Total Rate
    28536

    Building Details

    Year Built/Renovated
    1980/1992
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Floor 1, Suite 6
    Size
    1,623 SF
    Rate per SF
    $20
    Space
    Floor 1, Suite 2
    Size
    2,473 SF
    Rate per SF
    $20
    Space
    Floor 1, Suite 7
    Size
    2,260 SF
    Rate per SF
    $20

    HighLights

    • Prominent medical office building located on Far Hills Avenue.
    • Three suites available for lease: Suite 2 (2,473 SF), Suite 6 (1,623 SF), and Suite 7 (2,260 SF).
    • Under new ownership.
    • Ample parking with a ratio exceeding 5 spaces per 1,000 square feet.
    • Excellent location offering a city income tax advantage.
    • High traffic count exceeding 40,000 vehicles daily on Far Hills Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mr. David Evans Physician Assistant Quadri Nazneen M ... Pediatrician Pohl Kenneth P ... Orthopedic Surgeon Orthopedic Reconstructive Surgery Orthopedic Surgeon Orthopedic Reconstructive Sur Orthopedic Surgeon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1593001
    Latitude
    39.6636753

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    FAQs

    What type of property is this?
    Medical office - Prime Dayton location, multiple suites available.
    Where is this medical office located?
    The property is located at 5692 Far Hills Ave Dayton, OH.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Prominent medical office building located on Far Hills Avenue.; Three suites available for lease: Suite 2 (2,473 SF), Suite 6 (1,623 SF), and Suite 7 (2,260 SF).; Under new ownership.
    Request Owner's contact information
    5692 Far Hills Ave Dayton, OH 45429
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    Dayton, OH 45429
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5692 Far Hills Ave Dayton, OH 45429
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