Property profile

0 Advanced Dr Springboro, OH 45066

OFF-MARKET
Warehouses
8,000 SF 1.5 ac lot Built 2022
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Property summary

AI-generated overview

This exceptional 8,000-square-foot warehouse in Springboro, Ohio, presents a unique opportunity. Built in 2022, this single-story building sits on a 1.5-acre lot and boasts an impressive 18-foot clear ceiling height. The property features durable masonry and/or metal wall panels, providing a robust and long-lasting structure. Ample parking is available with 20 spaces. The asking price of $1,532,500 includes the land cost of $82,500 (1.5 acres at $55,000/acre). A significant advantage is the potential for up to a 15-year, 100% tax abatement on improvements, offering substantial long-term cost savings. Furthermore, a $50,000 allowance is included for office build-out, allowing for customization to meet specific business needs. Located in Warren County, Ohio, with the address Advanced Dr, zip code 45066, this property is ideally situated for efficient operations and convenient access. This is a prime opportunity for businesses seeking a modern, well-equipped warehouse in a desirable location. The combination of a new building, generous land size, tax abatement potential, and office build-out allowance makes this an attractive investment.

Property profile

Verified
Property type Warehouses
Year built 2022
Total area 8,000 SF
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Advanced Dr Springboro, OH 45066
Springboro metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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