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    1488 Forrer Blvd Dayton, OH 45420

    Sponsored
    For Lease
    $10 SF/Yr ($7,708 /Mo)

    Prime Office/Retail Space - 2,500 SF Available

    Lot size:
    9,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,500 square foot office/retail space is situated within a larger 9,250 square foot building located at 1480-1490 Forrer Boulevard. The property, built in 1968, features a single-story building with 35 total parking spaces on a 1.44-acre lot. The space is part of a multi-tenant building and is currently vacant. Under new ownership, the property is undergoing improvements, including updates to the parking lot and building facade. This prime location offers exceptional visibility and accessibility, boasting high daily traffic counts. Situated near the intersection of Wilmington Pike and Smithville Road, the property benefits from its proximity to a diverse range of amenities, including restaurants, shopping centers, banks, and retail shops. The strategic location adjacent to the post office ensures continuous foot and vehicle traffic, maximizing exposure for your business. With over 30,400 cars passing daily on S. Smithville Road and over 6,700 on Forrer Boulevard, this location provides unparalleled access to a large customer base. The surrounding residential neighborhoods further enhance the property's appeal and potential for success. The property's APN is N64-04018-0009. This is a rare opportunity to secure a well-located, highly visible space in a thriving area.

    Property Features for 1488 Forrer Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,250 SF
    Total Rate
    7708.33

    Building Details

    Year Built
    1968
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1488
    Size
    2,500 SF
    Rate per SF
    $10

    HighLights

    • 2,500 SF of office/retail space available for lease.
    • Recently renovated parking lot and building facade.
    • Excellent location near Wilmington Pike and Smithville Road.
    • High visibility, surrounded by residential areas and numerous amenities.
    • High traffic count on nearby Smithville Road and Forrer Boulevard.
    • Adjacent to a post office, ensuring high visibility and foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    J Z Construction Construction Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -84.139228944156
    Latitude
    39.716018297512

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office/Retail Space - 2,500 SF Available
    Where is this office property / space located?
    The property is located at 1488 Forrer Blvd Dayton, OH.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF of office/retail space available for lease.; Recently renovated parking lot and building facade.; Excellent location near Wilmington Pike and Smithville Road.
    Request Owner's contact information
    1488 Forrer Blvd Dayton, OH 45420
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    Dayton, OH 45420
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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
    1488 Forrer Blvd Dayton, OH 45420
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