Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Ctr Pt 70 Blvd Huber Heights, OH 45424

    • Land
    • 28.40 lot acres
    For Sale
    View listing
    $710,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ctr Pt 70 Blvd

    Lot size
    28.40 lot acres
    Property type
    Land

    Description

    This exceptional 28.4-acre commercial land parcel, located at Center Point 70 Blvd in Huber Heights, Ohio (APN: P70 01217 0021), presents a remarkable investment opportunity. Zoned I-1 for Light Industrial and Mixed Use, this property offers unparalleled flexibility for a wide array of development projects. Its expansive size allows for the construction of multiple facilities, along with ample parking to accommodate a substantial workforce. The strategic location near a major interstate ensures convenient access for transportation, logistics, and employees, maximizing operational efficiency and accessibility. Situated in a rapidly developing area of Montgomery County, this property is poised to benefit significantly from future growth and increased property values. The asking price for this exceptional land parcel is $710,000. This presents a unique chance to acquire a substantial land holding in a thriving Ohio market, ideal for businesses seeking expansion or new development opportunities. The property's zoning and location combine to create a compelling investment prospect with significant long-term potential. Don't miss this chance to secure a prime piece of commercial real estate in Huber Heights. The zip code is 45424.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Huber Heights
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.0675
    Latitude
    39.8674

    Comparable in this City

    • Value Estimation by Request

      Cedar Hill Dr

      Land
      0 Cedar Hill Dr, Huber Heights, OH 45424
      View Details
    • Value Estimation by Request
      11.00 Acres

      Heritage Pike

      Land • 11.00 Acres
      0 Heritage Pike, Dayton, OH 45424
      View Details
    • Value Estimation by Request
      18.10 Acres

      Forest Ridge Blvd

      Land • 18.10 Acres
      0 Forest Ridge Blvd, Dayton, OH 45424
      View Details
    • Value Estimation by Request
      18.10 Acres

      Berrywood Dr

      Land • 18.10 Acres
      0 Berrywood Dr, Dayton, OH 45424
      View Details
    • Value Estimation by Request
      0.07 Acres

      Brandt Pike

      COMMERCIAL (GENERAL) • 0.07 Acres
      Brandt Pike, Dayton, OH 45424
      View Details
    • Value Estimation by Request
      1.02 Acres

      5011 Nebraska Ave

      COMMERCIAL (GENERAL) • 1.02 Acres
      5011 Nebraska Ave, Dayton, OH 45424-6125
      View Details

    Similar Nearby for Sale

    • $625,000
      12.70 Acres

      Dayton Commercial Land - 12.7 Acres

      Prime Dayton commercial land, high visibility, excellent access.
      4506 Brandt Pike, Dayton, OH 45424
      View Details
    • $835,500

      Huber Heights Commercial Land Opportunity

      Prime I-70 Commercial Land, 33.42 Acres
      0 Cedar Hl Dr, Huber Heights, OH 45424
      View Details
    • $565,000

      Land Available in Dayton, OH

      Land for sale at 1929 Harshman Rd, Dayton, OH.
      1929 Harshman Rd, Dayton, OH 45424
      View Details
    • $710,000
      28.40 Acres

      Huber Heights Commercial Land - 28 Acres

      Prime I-1 Zoned Land, Excellent Location
      0 Ctr Pt 70 Blvd, Huber Heights, OH 45424
      View Details
    • $565,000
      1.44 Acres

      Dayton Commercial Land - $565K

      1.44-acre commercial pad, prime location.
      1929 Harshman Rd, Dayton, OH 45424
      View Details
    • $375,000
      18.10 Acres

      Dayton Residential Land Development

      18 Acres, 61 Lots Planned, $375,000
      0 Forest Ridge Blvd, Dayton, OH 45424
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      8,225 SF

      Huber Heights Medical Office Space

      Prime Medical Office, 8,225 SF, Ohio
      8648 Old Troy Pike, Huber Heights, OH 45424
      View Details
    • Contact for pricing
      6,763 SF

      Brandt Pike Retail Space Available

      Huber Heights storefront, high visibility, ample parking.
      5390 Brandt Pike, Dayton, OH 45424
      View Details
    • $9 SF/Yr
      1,000 SF

      Industrial Warehouse in Huber Heights

      1,000 SF industrial warehouse for lease in Huber Heights.
      6040-6058 Executive Blvd, Dayton, OH 45424
      View Details
    • $8 SF/Yr
      19,456 SF

      Prime Dayton Executive Office Space

      19,456 SF Office, Single Tenant, 81 Parking Spaces
      4540 Honeywell Ct, Dayton, OH 45424
      View Details
    • Contact for pricing
      14,000 SF

      Retail Space Near Get Air

      14,000 SF retail space adjacent to Get Air.
      6020 Chambersburg Rd, Dayton, OH 45424
      View Details
    • $4 SF/Yr
      15,000 SF

      Executive Blvd Industrial Space

      15,000 SF Warehouse For Lease
      6060 Executive Blvd, Dayton, OH 45424
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Ctr Pt 70 Blvd
    Huber Heights, OH 45424
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.